Examples of Partnership Group Member in a sentence
The Offer shall set forth the Acquiring Party’s proposed terms relating to the purchase of the Offered Assets by the applicable Capital Maritime Entity or Partnership Group Member, including any liabilities to be assumed by the applicable Capital Maritime Entity or Partnership Group Member as part of the Offer.
If Capital Maritime does not notify the Partnership Group Member of its intent to pursue the acquisition within ten (10) calendar days, the Partnership Group Member may proceed with the acquisition as provided in subsection (i) above.
After the receipt of the Offer by the Offeree, the Acquiring Party and the Offeree shall negotiate in good faith, the fair market value (and any applicable Break-up Costs), of the Offered Assets that are subject to the Offer and the other terms of the Offer on which the Offered Assets will be sold to the applicable Capital Maritime Entity or Partnership Group Member.
Subject to Section 7.7 and except as permitted by Section 3.2, each Partnership Group Member shall be prohibited from acquiring, owning or operating or chartering Small Tankers.