Outside Offer definition
Examples of Outside Offer in a sentence
The Selling Stockholder shall transmit copies of the Outside Offer to the Company and Sun within five (5) days after the Selling Stockholder’s receipt of the Outside Offer.
The Outside Offer shall set forth its date, the proposed purchase price, the number of shares of Common Stock proposed to be purchased, and the other terms and conditions upon which the purchase is proposed to be made, as well as the name and address of the Prospective Purchaser.
The Selling Stockholder shall transmit copies of the Outside Offer to the Company and Sun within five (5) days after the Selling Stockholder's receipt of the Outside Offer.
The Investors shall be free to transfer such portion of the Drag-Along Shares as belonging to them to the Drag-Along Purchaser under the terms of the Outside Offer.
For a period of ten (10) days after such deemed offer by the Selling Stockholder to Sun, Sun shall have the option, exercisable by written notice to the Selling Stockholder, to accept the Selling Stockholder’s offer, in whole and not in part, as to the Selling Stockholder’s shares of Common Stock that are the subject of the Outside Offer.
If a Qualifying Licensor Offer is not received within the Evaluation Period, then the Right of First Refusal shall expire, and Licensee shall be free to accept the Outside Offer.
The Remaining Shareholders shall be bound, in such event, to sell along with the Investors, such quantum of their Shares, on the same terms of the Outside Offer as may be required to enable the Investors to complete the transaction as agreed with the Drag-Along Purchaser.
Otherwise, subject to the confidentiality and non-compete provisions of Articles 6 and 10, Misonix may transfer such interest to the third party who made the Outside Offer in accordance with its terms and conditions during the sixty (60) days immediately following expiration of the aforesaid forty-five (45) day period.
The Selling Shareholder shall transmit copies of the Outside Offer to the Company and Sun within five (5) days after the Selling Shareholder’s receipt of the Outside Offer.
The Investors shall obtain a written offer from the third party purchaser (the "Drag-Along Purchaser") detailing therein the terms upon which the Drag- Along Purchaser is willing to purchase all the Drag Along Shares (the "Outside Offer").