Trigger Offer definition
Examples of Trigger Offer in a sentence
The Sale Procedure shall apply in respect of such Vendor Notice and such Vendor Notice shall constitute a Trigger Offer.
In the event that all of the Transfer Approvals have not been obtained prior to the Transfer Deadline Date, the Triggering Member shall, if applicable, have the right to complete the sale of its Offered Interest pursuant to terms of the relevant Trigger Offer to a Third Party on the basis described in Section 14.3(b).
The sale to the Proposed Purchaser of the Shares (or part thereof) held by the Target Shareholder under the Trigger Offer and the Shares held by those other Shareholders that have accepted the Tag-Along Offer must be completed by the relevant parties concurrently and in accordance with the terms of the Trigger Offer and the Tag-Along Offer.
The Proposed Purchaser must deliver the Tag-Along Offer to all other Parties, and it must be accompanied by a copy of the Trigger Offer.
If at the expiration of such thirty (30) day period Landlord shall have failed to exercise the such option, Tenant may sell the Expansion Parcel to such third party purchaser upon the terms set forth in the Trigger Offer.
At such closing, Tenant shall convey the Expansion Parcel to Landlord in accordance with, and Landlord shall pay to Tenant the purchase price and other consideration set forth in, the Trigger Offer.
Any acceptance of such Trigger Offer by Tenant shall be conditioned upon Landlord's failure to exercise its right under this Paragraph 36(d).