Examples of Ineligible Purchaser in a sentence
Failure of the Company to deliver such written notice within such ten Business Day period shall be deemed a determination by the Company that the proposed Transferee is not a an Ineligible Purchaser or a Disqualified Purchaser.
Except in connection with a sale of the Company by merger or otherwise, prior to the consummation of an IPO, the Bentleys hereby agree not to: (i) Transfer any Company Stock to an Ineligible Purchaser (other than another Bentley); or (ii) Transfer any Company Stock to any transferee unless such transferee agrees in writing not to Transfer the Company Stock prior to the consummation of an IPO, to an Ineligible Purchaser.