Final Round definition
Examples of Final Round in a sentence
If more than one Final Round Offeree timely delivers a Final Purchase Notice, then each such Final Round Offeree shall be entitled to purchase, pro rata based on the number of Shares owned by such Final Round Offeree of all such outstanding Shares (in each case on an as-converted basis) owned by the Final Round Offerees irrevocably electing to purchase the balance of the Offered Shares, on the terms and conditions set forth in the First Offer Notice.
For example, a Final Round could have five (5) candidates for an audition for two (2) openings, or six (6) candidates for an audition for three (3) openings.
For a period of five (5) days after receipt of the Final Offer Notice (the “Final Offer Period”), each Final Round Offeree shall have the right, which right may be exercised by delivering written notice (a “Final Purchase Notice”) to the Company, with a copy to the Selling Shareholder, prior to the expiration of the Final Offer Period, to irrevocably elect to purchase all, but not less than all, of the remaining Offered Shares.
The failure of any Final Round Offeree to irrevocably elect to purchase all but not less than all of the remaining Offered Shares pursuant to this Section 2.7 prior to the expiration of the Final Offer Period shall be deemed to be a waiver solely with respect to its right to participate in the purchase of the Offered Shares pursuant to this Section 2.7.
Tempo Magazine, Babak Akhir Kasus Marsinah, (The Final Round of the Marsinah Case) https://majalah.tempo.co/read/hukum/1122/babak-akhir-kasus- marsinah, accessed on 15 January 2020.