Transfer Proposal definition
Examples of Transfer Proposal in a sentence
The Transferor shall also be entitled not to proceed with the contemplated Transfer by giving the other Parties notice of its decision within the ten (10)-day period specified above, if the cash consideration for the Offered Securities so determined by the expert procedure is less than 90% of the cash consideration set forth determined by the Transferor in the Transfer Proposal Notice.
The rights of NationsBanc pursuant to such CEA Transfer Proposal shall terminate if unexercised within five business days following delivery of such CEA Notice of Intention.
If applicable, the Transfer Proposal Notice shall also contain the information needed by any Offeree to exercise its Proportional Co-Sale Right and its Tag Along Right.
The Computer File shall be printed and attached to each Transfer Proposal and each Transfer Acceptance.
If the URA Transaction Team denies PLB’s Transfer Proposal, the URA Transaction Team provides Written Notice along with the reason for denial to DocuSign Envelope ID: 0118FEDC-4329-45B3-8340-3793824C5833 PLB Authorized Staff.
If the terms of the offer are not so rejected by any Offeree, they shall be deemed accepted all Offerees that accepted the Transfer Proposal.
Failure to meet either of the foregoing conditions shall again subject the Shares covered by such Transfer Proposal to the Purchaser's right of consent, the Shareholder(s) shall be required to give the Purchaser a new written notice with respect to such Transfer Proposal, and the Purchaser shall again have the right to consent or withhold consent with respect to such Transfer Proposal within 10 days of receipt of such new notice.
If such cash value so determined by the expert procedure is greater than 110% of the consideration mentioned in the Transfer Proposal Notice, any Offeree that accepted the Transfer Proposal shall be entitled to decide not to pursue the purchase of the Offered Securities by giving the Transferor notice thereof in writing within ten (10) days from the date of determination of the valuation of the consideration as set forth above.
The Purchaser hereby agrees to notify the Shareholder giving such notice within 10 days of receipt of such notice as to whether it intends to consent to such Transfer Proposal.
Seller will keep Buyer fully informed with respect to the status of any such Transfer Proposal and any modification or proposed modification thereto.