Examples of Disposition Notice in a sentence
To exercise its Right of First Refusal under this Section 6.2, within five (5) Business Days after delivery of the Proposed Disposition Notice (the “Exercise Period”), the Company must deliver a written notice from the Company notifying any XX Xxxxxx proposing to make a Proposed MJ Disposition that the Company intends to exercise its Right of First Refusal as to some or all of the Transfer Shares with respect to the Proposed MJ Disposition(s) (the “Exercise Notice”).
The closing of the purchase of Transfer Shares by the Company shall take place, and all payments from the Company shall have been delivered to the selling XX Xxxxxx by wire transfer to the account designated in the Proposed Disposition Notice, by the later of (i) the date specified in the Proposed Disposition Notice as the intended date of the Proposed MJ Disposition and (ii) five (5) Business Days after delivery of the Exercise Notice.