Examples of Remaining Transfer Shares in a sentence
If the Transfer of the Remaining Transfer Shares to the Proposed Transferee is not completed within such sixty (60) day period following the expiration of the ROFR Exercise Period, Seller shall be required to comply with the provisions of this Section 7.01 as if such Transfer were a new proposed Transfer for the purpose of this Section 7.01.
Each Exercising Eligible Holder shall have a re-allotment right to purchase all or any portion of the Remaining Transfer Shares on the terms and conditions set forth in the Re-allotment Notice.
To exercise such re-allotment right with respect to the Remaining Transfer Shares, the Exercising Eligible Holder shall deliver to the Transferor and the Company an exercise notice (the “Re-allotment Exercise Notice”) indicating the additional number of Transfer Shares that it wishes to purchase within ten (10) Business Days after its receipt of the Re-allotment Notice (the “Re-allotment Exercise Period”).
For the purpose of this Section 6.2(d), an Exercising Eligible Holder’s pro rata share of the Remaining Transfer Shares shall be equal to the number of the Remaining Transfer Shares, multiplied by (i) the number of Transfer Shares to be purchased by such Exercising Eligible Holder pursuant to Section 6.2(b) above, divided by (ii) the total number of Transfer Shares to be purchased by all the Exercising Eligible Holders pursuant to Section 6.2(b) above.
To the extent that any prospective purchaser or purchasers prohibit such assignment or otherwise refuse to purchase shares or other securities from a Co-Sale Rights Holder exercising its rights of co-sale hereunder, the Selling Shareholder shall not sell any Remaining Transfer Shares to such prospective purchaser or purchasers unless and until, simultaneously with such sales, the Selling Shareholder shall purchase such shares or other securities from such Co-Sale Rights Holder.
COSMIC BLUE shall have an additional re-allotment right to purchase all but no less than all of the COSMIC BLUE Remaining Transfer Shares at the same price and on the same terms and conditions as specified in the COSMIC BLUE Additional Re-allotment Notice.
To exercise such re-allotment right with respect to the Remaining Transfer Shares, an Exercising Eligible Holder must deliver to the Transferor and the Company an exercise notice indicating the additional number of Transfer Shares that it wishes to purchase within ten (10) calendar days after its receipt of the Re-allotment Notice (the “Re-allotment Exercise Period”).
The owner or operator who does not conduct a Closure Integrity Evaluation, as required in subparagraph 62-762.802(4)(a)1., F.A.C., before the storage tank system or system component has been removed or closed in-place, regardless of the date of installation of the storage tank system or system component, shall conduct an investigation at the time of closure in accordance with Instructions for Conducting Sampling During Aboveground Storage Tank Closure.
To the extent that any ROCS Holder exercises its Shareholder Right of Co-Sale, the number of Remaining Transfer Shares that the Transferor may sell in the proposed transfer shall be correspondingly reduced by the aggregate number of the Co-Sale Shares.
If the ROFR Holders fail to elect to purchase all the Remaining Transfer Shares, then such unpurchased Remaining Transfer Shares (“Over-Allotment Transfer Shares”) shall be made available to each ROFR Holder who has elected to purchase all of its initial pro rata share of the Remaining Transfer Shares for over-allotment.