Offer Holder definition
Examples of Offer Holder in a sentence
Each First Offer Holder who does not elect to purchase any Subject Shares through the submission of an Election Notice as provided above shall be deemed to have waived all of its rights to participate in the purchase of the Subject Shares contemplated by the related Offer Notice.
Each such First Offer Holder who so elects to purchase any Subject Shares is referred to herein as an “Electing Purchaser”.
As a result of the Offer, Holder will receive Parent Common Stock in exchange for the Shares or any New Shares.
Within ten (10) Business Days after the First Offer Deadline, the New Shareholder shall inform the First Offer Holder, by written notice (the “Acceptance Notice”), of whether or not the New Shareholder will accept the offer of the First Offer Holder.
Any proposed Disposition of Interests by an Offer Holder not satisfying the terms of this Section 4 (e.g., a Third Party Offer in which not all of the proposed consideration is cash or a Third Party Offer including the purchase of property other than Interests) may not be made unless otherwise expressly permitted pursuant to the provisions of this Agreement.
The Standing Offer Holder shall be liable to Her Majesty for any excess costs relating to the completion of the work.
Solely in connection with the exchange of Shares pursuant to the Offer, Holder hereby waives any and all rights of first refusal it may have (including, without limitation, under the Articles of Association of the Company, the Subscription and Shareholders' Agreement dated July 30, 2004 relating to the Company, or otherwise) with respect to any Shares or other securities in the share capital of the Company owned by, or issuable to, any person.
Until the Subject Shares are accepted for payment in the Offer, Holder shall retain at all times the right to vote the Subject Shares in Holder’s sole discretion, and without any other limitation, on any matters other than those set forth in this Section 1.2 that are at any time or from time to time presented for consideration to the Company’s stockholders generally.
Within ten (10) Business Days after the date of delivery of the Sale Notice (the “First Offer Deadline”), the First Offer Holder may make an offer to purchase all, but not less than all, of the Subject Shares by furnishing a written notice (the “First Offer Notice”) specifying the price per Subject Share.
Prior to a Qualified IPO, if any of the holders of the Series A Preferred Stock or the Series B Preferred Stock, or any of the Major Shareholders, as the case may be (each, a "First Offer Holder"), proposes to sell, assign, pledge, hypothecate, transfer or otherwise dispose of any shares (the "Offered Stock") of the Company then held by it (each, a "Selling Party"), then the Selling Party shall promptly give written notice (the "Offer Notice") to the Company.