Exchange Notice definition
Examples of Exchange Notice in a sentence
An Ares Operating Group Limited Partner may withdraw a Block Exchange Notice at any time prior to the Block Exchange Date by delivery of a written notice to Ares Holdings IntermediateCo, in which event such Block Exchange Notice shall be null and void.
The undersigned hereby represents and warrants and agrees that (i) the undersigned has full legal capacity to execute and deliver this Direct Investor Exchange Notice and to perform the undersigned’s obligations hereunder; (ii) this Direct Investor Exchange Notice constitutes a legal, valid and binding obligation of the undersigned; and (iii) this Direct Investor Exchange Notice has been duly executed and delivered by the undersigned.
The Block Exchange Notice must be delivered at least three Business Days before the Block Exchange Date or such lesser period as agreed to by Ares Holdings IntermediateCo. In the event any contingency set out in such Block Exchange Notice remains unsatisfied on the 90th day after the delivery of the Block Exchange Notice, such Block Exchange Notice shall be deemed to have been withdrawn by the Ares Operating Group Limited Partner.
Any Parent A Shares to be issued in accordance with the terms of this Direct Investor Exchange Notice will be issued to GTU Ops Inc., as nominee for the 10 To be included if the Direct Holder can exchange their Holdings B DRs for Parent A Shares on an unrestricted basis and hold directly in DTC.