Examples of Notice of Intended Sale in a sentence
Except as provided herein, Investor and Shareholder shall be bound by the restrictions and limitations imposed by this Agreement after any Notice of Intended Sale is given and whether or not any sale pursuant thereto actually occurs.
In the event any Offeree exercises its or his rights to purchase shares of Common Stock pursuant to any Notice of Intended Sale, the Offeree and the Offeror shall, as promptly as practicable and as a condition to their respective obligations hereunder, enter into such agreements and deliver such documents to one another as shall be necessary for the sale of Shares as contemplated hereby.
Investor thereupon shall have the right to purchase all or any part of the Offered Shares for cash at their Market Price on the last trading day immediately prior to the date of Investor's receipt of the Notice of Intended Sale.
In order to exercise its purchase rights, within five (5) business days (two (2) business days in the event of a proposed Public Sale of no more than 10,000 Shares in the aggregate) after receiving the Notice of Intended Sale from Stockholder, Investor shall deliver to Stockholder a written election "Election Notice" to purchase so many of the Offered Shares as it may desire to purchase.
In order to exercise its purchase rights, within five (5) business days (two (2) business days in the event of a proposed sale of no more than 10,000 Shares in the aggregate) after receiving the Notice of Intended Sale from Stockholder, Investor shall deliver to Stockholder a written election (the "Election Notice") to purchase all of the Offered Shares.
In order to exercise the purchase rights, within three (3) business days (one (1) business day in the event of a proposed Public Sale of no more than 10,000 Shares in the aggregate) after receiving the Notice of Intended Sale from the Offeror, the Offeree shall deliver to the Offeror and the Company a written election ("Election Notice") to purchase so many of the Offered Shares as it or he may desire to purchase.
The Offeree thereupon shall have the right to purchase all or any part of the Offered Shares for cash at their Market Price determined as of the last Trading Day immediately prior to the date of the Offeree's receipt of the Notice of Intended Sale.
In the event that Stockholder wishes to sell for cash in a Public Sale all or any portion of the Shares now owned or hereafter acquired by Stockholder, whether or not any third party has made an offer to purchase any of Stockholder's Shares, Stockholder shall first notify Investor in writing (the "Notice of Intended Sale") of the number of Shares for sale by Stockholder (the "Offered Shares").
The Offeree shall promptly engage in discussions with the Offeror, for a period not to exceed ten (10) business days from the date of receipt by the Offeree and the Company of the Notice of Intended Sale, to mutually agree on a purchase price for the Offered Shares.
Except as provided herein, Stockholder shall be bound by the restrictions and limitations imposed by this Agreement after the Notice of Intended Sale is given and whether or not any such sale actually occurs.