Examples of Involuntary Transfer Notice in a sentence
The Second Option shall be exercised by an Unaffected Member by the giving of written notice of interest to exercise such Second Option (the "Second Member Option NoticeSecond Member Option Notice") to the Affected Member and any Proposed Transferee with fifteen (15) business days following the date of receipt of the Involuntary Transfer Notice.
After receipt of an Involuntary Transfer Notice, the Company shall have the option for 30 days from the date of receipt of the Involuntary Transfer Notice to elect to purchase such Stockholder's Shares within such 30-day period at their Fair Market Value.
After receipt of an Involuntary Transfer Notice, the Company shall have the option for a period of 90 days from the date of receipt of the Involuntary Transfer Notice to elect to purchase all such Membership Interests (other than any Membership Interests which may be then unvested) within such 90-day period at their fair market value.
If the Company does not elect to purchase all of the Involuntary Transfer Shares, the Company shall, within five (5) days after the expiration of the thirty (30) day notice period specified above, provide each Major Holder with written notice of such election, which notice shall include a copy of the Involuntary Transfer Notice.
The Company shall have the option to purchase all or a portion of the Involuntary Transfer Shares by delivering notice of its election to exercise such option to the person to whom the Involuntary Transfer Shares were, or are to be, Transferred (the “Involuntary Transferee”) within thirty (30) days after its receipt of the Involuntary Transfer Notice.
If any of the other Shareholders shall provide a Purchase Right Election Notice to the Involuntary Transferee within the Involuntary Transfer Notice Period, such failure shall be regarded as a rejection of the Right of First Refusal by that Shareholder.
At any time within thirty (30) days after the date of the Voluntary Transfer Notice or the Involuntary Transfer Notice (either being sometimes referred to herein as the “Notice”), the Company and/or its assignee(s) may, by giving written notice to the Holder, elect to purchase all (or, with the consent of the Holder, less than all) the Offered Shares proposed to be transferred to any one or more of the Proposed Transferees named in the Notice, at the purchase price, determined as specified below.
After its receipt of the Involuntary Transfer Notice or, failing such receipt, after Holdings Corp.
C., ¶ 2(a) Drag-Along Securityholder 5.1 Election Notice 10.3 Financing Notice 10.3 Involuntary Transfer Notice 4.3 Maximum Number Exh.
The closing of any purchase under this Section 2.4 shall be held at the principal office of the Company at 11:00 a.m. local time on the forty-fifth (45th) day after the date on which the Involuntary Transfer Notice Period shall have expired or at such other time and place as the parties to the transaction may agree.