Prospective Purchase definition

Prospective Purchase means any person to whom a holder shall desire to sell shares of Common Stock and who shall be identified by such Securityholder to the Company and the Holders of Securities under the terms of Section 1 hereof.
View Source

Examples of Prospective Purchase in a sentence

  • Following the acquisition of the Property by Prospective Purchaser or its Affiliate, if it occurs, this Agreement shall be deemed incorporated into the Lease by reference and shall terminate at such time, if any, as Prospective Purchase or such Affiliate ceases to be the Landlord thereunder.

  • Party A may decline to approve the consummation of any Prospective Purchase Contract that is Term Contract Increment on any basis that would allow Party A to decline to approve such type of Prospective Purchase Contract (e.g., a Party B LC Purchase Contract) under any provision of Part 7(a) (other than the requirements of Part 7(a)(ix)(D)), and/or the requirements of this Part 7(j).

  • Party A shall have no obligation to approve the consummation of any Prospective Purchase Contract which fails to meet the applicable Review Requirements or which otherwise fails to comply with the terms of this Agreement.

  • Party B may not revoke or amend a Prospective Purchase Contract Request prior to the end of the Review Period without Party A’s consent (which shall not be unreasonably withheld, conditioned or delayed); provided that if prior to the end of the Review Period, Party A notifies Party B that Party A approves consummation of the relevant Prospective Purchase Contract, then Party B may not revoke or amend the applicable Prospective Purchase Contract Request without Party A’s consent.

  • From time to time, Party B may propose to Party A a Prospective Purchase Contract that is a Term Contract Increment.

  • Separate Trade Blotters will be prepared for Prospective Purchase Contracts and Party B Crude Purchase Contracts.

  • The Notice of Offer shall include a copy or summary of the Bona Fide Offer and shall set forth the terms and conditions of the proposed Transfer in reasonable detail, including, without limitation, the name and address of the prospective purchaser ("Prospective Purchase"), the proposed purchase price (or the basis of determining the purchase price) ("Purchase Price"), the terms and conditions of payment and the amount of the Offered Shares.

  • Prospective Purchaser and Prospective Purchaser Representative agree that neither Owner nor TKG shall have any liability for any reason to Prospective Purchase, Prospective Purchaser Representative, or any Related Parties resulting from the use of the Offering Materials by any person in connection with the sale of, or other investments by Prospective Purchaser in the Property, whether or not consummated for any reason.

  • If Party A determines within the Review Period that it will not approve the consummation of a Prospective Purchase Contract, then Party A shall promptly provide to Party B, but in no event later than one (1) Business Day after the expiration of such Review Period, a reasonably detailed explanation of such refusal.

  • Party A’s review of any Prospective Purchase Contract that is a Term Contract Increment shall not be subject to the otherwise applicable time constraints set forth in Part 7(a)(i).

Related to Prospective Purchase

  • Prospective Purchaser has the meaning set forth in Section 2.3(b)(i) hereof.

  • prospective sale means a sale which is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Prospective Buyer means any person or entity negotiating or offering to become an owner or lessee of residential real property by means of a transfer for value to which this Act applies.

  • Prospective donor means an individual who is dead or near death and has been determined by a procurement organization to have a part that could be medically suitable for transplantation, therapy, research, or education. The term does not include an individual who has made a refusal.

  • Prospective Transferee means any person to whom a Key Holder proposes to make a Proposed Key Holder Transfer.