Specified Price definition
Examples of Specified Price in a sentence
The delivery of the Offer Notice by the Transferring Member to the Non-Transferring Members shall constitute an offer by the Transferring Member to negotiate in good faith to sell to the Non-Transferring Members the Specified Interest at the Specified Price upon the Specified Terms.
The Specified Price shall be $27.00; PROVIDED, HOWEVER, that in the event the outstanding Parent Shares (as defined in the Merger Agreement shall be changed into a different number of shares by reason of any stock dividend, subdivision, reclassification, split-up, combination or the like, the Specified Price shall be appropriately adjusted.
Common Stock that the Stockholder desires to Transfer, or maximum and minimum number of, such shares and (B) the price per share at which the Stockholder would be willing to Transfer such shares (the "Specified Price").
The Offering Member (or any Affiliate of any the Offering Member designated by it) shall have the right, for a period of 45 calendar days after receipt of a Transfer Request, to inform the Selling Member in writing of its offer to purchase the subject Membership Interest, specifying the price (the "Specified Price") and other terms (the "Specified Terms") of such offer (such notice, the "ROFO Offer").
The Offer Notice shall constitute an irrevocable offer to the Company or its designee, for the period of time described below, to purchase all (but not less than all) of such Voting Shares at (i) the Offer Price (as defined in Section 3.02(c) below), in the case of a Permitted Tender Offer, (ii) the price set by the Transferring Party in the Offer Notice (the "Specified Price"), in the case of a Private Placement, or (iii) the Current Market Value as of the date of the Offer Notice, in all other cases.