Examples of Proposed Transfer Notice in a sentence
The closing of the purchase of Capital Stock by the Company and the Major Investors shall take place, and all payments from the Company and the Major Investors shall have been delivered to the selling Stockholder, by the later of (i) the date specified in the Proposed Transfer Notice as the intended date of the Proposed Stockholder Transfer and (ii) sixty (60) days after delivery of the Proposed Transfer Notice.
To exercise its Right of First Refusal under this Section 2, the Board of Directors of the Company must approve such exercise and the Company must deliver a Company Notice to the selling Stockholder within fifteen (15) days after delivery of the Proposed Transfer Notice.
Each Exercising Investor shall, subject to the provisions of this Section 2.1(d), have an additional option to purchase all or any part of the balance of any such remaining unsubscribed shares of Capital Stock on the terms and conditions set forth in the Proposed Transfer Notice.
Each Stockholder proposing to make a Proposed Stockholder Transfer must deliver a Proposed Transfer Notice to the Company and each Major Investor not later than thirty (30) days prior to the consummation of such Proposed Stockholder Transfer.
If the Proposed Transfer Notice specifies the City as the Proposed Substitute, the Project Contractor's consent to the transfer will be deemed to have been given.