Notice of Election to Purchase and shall cause the Transfer Agent to mail a copy of such Notice of Election to Purchase to the Record Holders of Limited Partner Interests of such class (as of a Record Date selected by the General Partner), together with such information as may be required by law, rule or regulation, at least 10, but not more than 60, days prior to the Purchase Date. Such Notice of Election to Purchase shall also be filed and distributed as may be required by the Commission or any National Securities Exchange on which such Limited Partner Interests are listed. The Notice of Election to Purchase shall specify the Purchase Date and the price (determined in accordance with Section 15.1(a)) at which Limited Partner Interests will be purchased and state that the General Partner, its Affiliate or the Partnership, as the case may be, elects to purchase such Limited Partner Interests, upon surrender of Certificates representing such Limited Partner Interests, in the case of Limited Partner Interests evidenced by Certificates, or instructions agreeing to such redemption in exchange for payment, at such office or offices of the Transfer Agent as the Transfer Agent may specify, or as may be required by any National Securities Exchange on which such Limited Partner Interests are listed. Any such Notice of Election to Purchase mailed to a Record Holder of Limited Partner Interests at his address as reflected in the Register shall be conclusively presumed to have been given regardless of whether the owner receives such notice. On or prior to the Purchase Date, the General Partner, its Affiliate or the Partnership, as the case may be, shall deposit with the Transfer Agent or exchange agent cash in an amount sufficient to pay the aggregate purchase price of all of such Limited Partner Interests to be purchased in accordance with this Section 15.1. If the Notice of Election to Purchase shall have been duly given as aforesaid at least 10 days prior to the Purchase Date, and if on or prior to the Purchase Date the deposit described in the preceding sentence has been made for the benefit of the holders of Limited Partner Interests subject to purchase as provided herein, then from and after the Purchase Date, notwithstanding that any Certificate or redemption instructions shall not have been surrendered for purchase or provided, respectively, all rights of the holders of such Limited Partner Interests (including any rights pursuant to Article IV, Article V, Article VI, and Article XII) shall...
Notice of Election to Purchase. In the event the General Partner, any Affiliate of the General Partner or the Partnership elects to exercise such right to purchase LP Units pursuant to Section 18.1, the General Partner shall cause the Transfer Agent to give written notice of such election to purchase (the "Notice of Election to Purchase") to the Record Holders at least 10, but not more than 60, days prior to the Purchase Date. Such Notice of Election to Purchase shall also be published in daily newspapers of general circulation printed in the English language and published in the Borough of Manhattan, New York. The Notice of Election to Purchase shall specify the Purchase Date and the Purchase Price and state that the General Partner, its Affiliate or the Partnership, as the case may be, has elected to purchase such LP Units, upon surrender thereof in exchange for payment, and at such place as specified. Any such Notice of Election to Purchase mailed to a Record Holder of LP Units at his address as reflected in the Units Register shall be conclusively presumed to have been given whether or not the owner receives such notice.
Notice of Election to Purchase. If any Eligible Stockholder fails to elect to purchase on a timely basis, or elects in writing not to purchase, all of such Proportionate Percentage of the remaining Offered Shares pursuant to SECTION 3.3, then, within three (3) business days after the earlier to occur of (a) the expiration of the Eligible Stockholder Acceptance Period or (b) receipt by the Company of either written notices of election or non- election from each Eligible Stockholder, the Company shall given written notice to those Eligible Stockholders, if any, that have accepted such offer with respect to all of their Proportionate Percentages of such remaining Offered Shares, setting forth the number of Offered Shares remaining available for purchase pursuant to the Notice of Intention to Sell, and each such Eligible Stockholder will then have the right and option to, within five (5) business days after receiving notice from the Company, elect to purchase (i) all of such Offered Shares so remaining available (if there is only one electing Eligible Stockholder) or (ii) up to its Proportionate Percentage of such Offered Shares so remaining available (if there is more than one electing Eligible Stockholder) (PROVIDED, HOWEVER, that in determining each such electing Eligible Stockholder's Proportionate Percentage for this provision, the denominator of the Proportionate Percentage ratio described in the definition of Proportionate Percentage includes ONLY Shares held by Eligible Stockholders electing to purchase their full Proportionate Percentage of the Offered Shares under SECTION 3.3), or (iii) such Offered Shares so remaining available in such other proportions as such Eligible Stockholders may mutually agree, at the purchase price and on the terms stated in the Notice of Intention to Sell. The Company promptly shall notify the Selling Stockholder in writing of each notice of election received from Eligible Stockholders.
Notice of Election to Purchase. As soon as practicable after receipt of the Agent’s Notice, but in no event more than 10 Business Days after the Second Lien Agent’s receipt of the Agent’s Notice, the Second Lien Creditors (if they elect to do so) shall send to the First Lien Agent the Purchase Notice. The First Lien Creditors shall not complete any Enforcement Action (other than the exercise of control over, or to sweep funds held in, any Obligor’s deposit or securities accounts), as long as the purchase and sale of the First Lien Obligations provided for in this Section 5 shall have closed within 10 Business Days of the First Lien Agent’s receipt of the Purchase Notice and the First Lien Creditors shall have received payment in full of the First Lien Obligations as provided for in Section 5.3 within such 10 Business Day period.
Notice of Election to Purchase. The Class A Lenders shall not (or shall instruct the Trustee not to) take or complete any Enforcement Action (other than any Enforcement Action necessary to prevent material diminution in the value of the Collateral), as long as the purchase and sale of the Class A Obligations provided for herein shall have closed within fifteen (15) Business Days following the declaration that the Obligations are immediately due and payable pursuant to Section 9.2(a) and the Class A Lenders shall have received payment in full of the Class A Obligations as provided for herein within such fifteen (15) Business Day period.
Notice of Election to Purchase. 14 -ii- 4
Notice of Election to Purchase. 7 3.5 Selling Stockholder's Rights Upon Failure to Exercise Right to Purchase All Offered Shares..............................................................................7 3.6 Payment for Selling Stockholder's Offered Shares................................................8 3.7
Notice of Election to Purchase. FAILURE OF COMPANY TO EXERCISE ITS OPTION TO PURCHASE. If the Company or such designee fails to elect to purchase all of the Offered Shares in accordance with the provisions of Sections 3.1 and 3.2, then, prior to the expiration of the Acceptance Period, the Company shall give written notice to each Eligible Stockholder (the "Notice") setting forth the number of Offered Shares remaining available for purchase pursuant to the Notice of Intention to Sell, and each Eligible Stockholder will then have the right and option to, within ten (10) business days after receiving the Notice from the Company, elect to purchase (i) all of such Offered Shares so remaining available (if there is only one Eligible Stockholder electing to purchase such Shares) or (ii) up to its pro rata share of such Offered Shares so remaining available (if there is more than one Eligible Stockholder electing to purchase such Shares), or (iii) such Offered Shares so remaining available in such other proportions as the Eligible Stockholders may mutually agree, at the purchase price and on the terms stated in the Notice of Intention to Sell, such election to be made by giving written notice to the Company within ten (10) business days after the receipt of the Notice.
Notice of Election to Purchase. Optionee must notify Optionor in writing within thirty (30) days of receipt of the unsolicited offer notice from Optionor whether or not Optionee elects to purchase Optionor’s Property on the terms and conditions as contained in the unsolicited offer, with the exception that in no event will Optionee have less than sixty (60) days from the Offer notice to close on the purchase of the Property. If Optionee is willing to purchase Optionor’s Property on the terms and conditions as contained in the unsolicited offer (subject to the 60-day closing exception), then Optionee shall transmit along with its notice of election to purchase good and sufficient xxxxxxx money payable to Optionor in at least the same amount as described in the sale contract, but not to exceed One Thousand Dollars ($1,000).
Notice of Election to Purchase. The Senior Lender shall not complete any Disposition in connection with any Enforcement Action, as long as the Senior Lender shall have received a Purchase Notice, the purchase and sale of the Senior Obligations provided for in this Section 6 shall have closed within 30 days of the Senior Lender's receipt of such Purchase Notice and the Senior Lender shall have received payment in full of the Senior Obligations (other than Excess Senior Obligations) as provided for in Section 6(c) within such 30 day period.
