Proposed Transferee definition

Proposed Transferee has the meaning set forth in Section 2.4(a).

Proposed Transferee has the meaning set forth in Section 3.04(a).

Proposed Transferee has the meaning set forth in Section 10.5(a).

Examples of Proposed Transferee in a sentence

• If a Co-Sale Notice is received by the Transferring Stockholder during the sixty (60)-day period referred to above and the Proposed Transferee has agreed to purchase all of the Stock proposed to be transferred pursuant to such Co-Sale Notice, the Stockholder who delivered such Co-Sale Notice shall timely deliver to the Proposed Transferee, against payment of the total purchase price for the securities to be purchased, the appropriate instruments of transfer.

• Other than in the case of any Permitted Transfer, and subject to prior compliance with Section 12.1, each Transferring Stockholder shall, prior to consummating any transfer of Stock to a Proposed Transferee, offer each Stockholder the opportunity (the “Right of Co-Sale”) to sell their Stock pursuant to this Section 12.2.

• If the Co-Sale Notice is received by the Transferring Stockholder during the sixty (60)-day period referred to above and the Proposed Transferee does not purchase all of the Stock set forth therein on the same terms and conditions as specified in the Notice of Transfer, then the Transferring Stockholder shall not be permitted to sell any Stock to the Proposed Transferee in the proposed transfer.

• Seller shall also deliver to the Company, a definitive written agreement pursuant to which such Transfer is proposed to be consummated in a form subject to the reasonable approval of the Company, to which each Proposed Transferee would agree to be bound by all terms of this Agreement with respect to the Transferred Interests (the “Proposed Purchase Agreement”).

• If the Shares described in the Notice are not transferred to the Proposed Transferee within such period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise transferred.

More Definitions of Proposed Transferee

Proposed Transferee is defined in Section 5.2(a)(i).

Proposed Transferee shall have the meaning set forth in Section 5.4.

Proposed Transferee has the meaning specified in Section 15.3(a).

Proposed Transferee means the person to which a new motor vehicle dealership would have been transferred, or was proposed to be transferred, if the manufacturer did not exercise a right of first refusal to acquire the dealership from a new motor vehicle dealer.

Proposed Transferee means any person presenting any shares of capital stock of the Corporation for Transfer into such Person’s name or that otherwise is or purports to be a Transferee with respect to any shares of capital stock of the Corporation.

Proposed Transferee has the meaning assigned to such term in Section 3.5(a).

Proposed Transferee means a proposed purchaser, transferee, lessee, assignee or person acquiring ownership or control of the Company.