Qualified Offer definition
Examples of Qualified Offer in a sentence
The purchase price for the Offered Shares shall be the price contained in the Qualified Offer.
The selling Shareholder shall be bound to the terms of the Qualified Offer as stated in the Notice, and shall keep the Company informed of any material changes in the proposed transfer.
The selling Shareholder shall also provide the Company with any other information regarding the Qualified Offer and the proposed transfer if such information is reasonably requested by the Company.
A Shareholder who receives a Qualified Offer, and who wishes to sell such Shares, must promptly send a written notice to the Company (the "Notice"), and shall offer (or be deemed to have offered), to sell such Shares (the "Offered Shares") to the Company.
The price shall be paid on substantially the same terms as the terms contained in the Qualified Offer.