Examples of WP Parties in a sentence
I am also aware that, among other things, by its provisions the WP Parties can, in certain circumstances, compel a sale of shares of the Company held by either of us, including any interest therein.
The WP Leaders shall meet with the WP Parties as and when appropriate, but at least once a year.
I got into relations with those workers through the recommendations of shop stewards and union officer.
The Drag-Along Notice shall set forth (i) the name of the Proposed Purchaser, (ii) the proposed amount and form of consideration to be paid per Share and (to the extent then known by the WP Parties) the material terms and conditions of the Transfer and (iii) the Drag-Along Sale Date and the date upon which the Other Shareholders shall deliver to the WP Parties the certificates representing the Shares owned by the Other Shareholders, duly endorsed, and the limited power of attorney referred to below.
If the WP Parties propose to Transfer any Transferor Securities in a transaction subject to this Section 4, then it shall notify, or cause to be notified, the Other Shareholders and the Company, in writing, of each such proposed Transfer (the “Transfer Notice”).
An Other Shareholder shall be entitled to exercise its Right of Co-Sale by delivering a written notice to the WP Parties (the “Co-Sale Notice”) within 15 days following receipt of the Transfer Notice.
All reasonable costs and expenses incurred by the WP Parties or the Company in connection with any proposed Transfer pursuant to Section 4 or Section 5 (whether or not consummated), including without limitation all attorneys fees and expenses, all accounting fees and charges and all finders, brokerage or investment banking fees, charges or commissions, shall be paid by the Company.
The Co-Sale Notice shall state the number of shares of Other Stock that such Other Shareholder offers to include in such Transfer to the Transferee, which number may not exceed its Right of Co-Sale Pro Rata Share of the Transferor Securities; provided, however, that an Other Shareholder may not exercise its Right of Co-Sale with respect to any shares of Other Stock that then constitute Restricted Stock and will constitute Restricted Stock upon the consummation of the Transfer by the WP Parties.
Prior to making any Drag-Along Sale, the WP Parties shall, if they determine to require that Other Shareholders participate in such Transfer, provide each Other Shareholder with written notice (the “Drag-Along Notice”) not less than 10 days prior to the proposed date of the Drag-Along Sale (the “Drag-Along Sale Date”).
The WP Parties shall, in their sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Transfer and the terms and conditions thereof.