Examples of Secondary Notice in a sentence
To exercise its Secondary Refusal Right, a Major Investor must deliver an Investor Notice to the selling Stockholder and the Company within twenty (20) days after the Company’s deadline for its delivery of the Secondary Notice as provided in the preceding sentence.
Each Major Investor who desires to exercise its Right of Co-Sale (each a “Participating Investor”) must give the selling Stockholder written notice to that effect within fifteen (15) days after the deadline for delivery of the Secondary Notice described above, and upon giving such notice such Major Investor shall be deemed to have effectively exercised the Right of Co-Sale.
If the Company does not intend to exercise its Right of First Refusal with respect to all Capital Stock subject to a Proposed Stockholder Transfer, the Company must deliver a Secondary Notice to the selling Stockholder and to each Major Investor to that effect no later than fifteen (15) days after the selling Stockholder delivers the Proposed Transfer Notice to the Company.