Proposed Transferee definition
Examples of Proposed Transferee in a sentence
If any Transfer Shares subject to a Proposed Transfer are not purchased pursuant to Section 20.1 above and thereafter are to be sold to a Proposed Transferee (subject to Section 19), each respective Major Member may elect to exercise its Right of Co-Sale and participate on a pro rata basis in the Proposed Transfer as set forth in Section 20.2(b) below and otherwise on the same terms and conditions specified in the Transfer Notice.
Such Transfer Notice shall contain the material terms and conditions (including price and form of consideration) of the Proposed Transfer and the identity of the Proposed Transferee.
If any Transfer Shares subject to a Proposed Transfer are not purchased pursuant to Section 16.1 above and thereafter are to be sold to a Proposed Transferee (subject to Section 15), each respective Major Member may elect to exercise its Right of Co-Sale and participate on a pro rata basis in the Proposed Transfer as set forth in Section 16.2(b) below and otherwise on the same terms and conditions specified in the Transfer Notice.
Such Transfer Notice shall contain the material terms and conditions (including price and form of consideration) of the Proposed Transfer and the identity of the Proposed Transferee.