Examples of Company Offer Notice in a sentence
If the Standby Purchaser or such Affiliate accepts the Qualifying Offer contained in the Company Offer Notice, the Standby Purchaser shall notify the Company of such acceptance within ten (10) Business Days of receipt of such Company Offer Notice, and the closing of the sale of the Offered Shares to the Company or such designee shall occur on the later to occur of (x) thirty (30) days of such election and (y) ten (10) Business Days after any required regulatory approvals for such sale are received.
A holder of Notes may accept the offer to prepay made pursuant to this Section 8.4 by causing a notice of such acceptance to be delivered to the Company not later than the twentieth day following delivery of the Company Offer Notice.
If the Transferring Shareholder shall accept the offer contained in the Company Offer Notice, the closing of such purchase and sale of Target Shares by the Company (and/or its assignees) shall take place as soon as reasonably practicable, and in no event later than ten (10) business days, after the Transferring Shareholder gives written notice to the Company that it accepts such offer.
The Company shall, for a period of forty-five (45) business days from receipt of the Disposition Notice (the "Company Exercise Period"), have the right to make an offer to purchase all of the Target Shares at the purchase price set forth in the Disposition Notice by giving the Transferring Shareholder a written binding offer to purchase the Target Shares (the "Company Offer Notice"), which offer, by its terms, shall remain open for thirty (30) days.
If the Company gives the Transferring Shareholder a Company Offer Notice before expiration of the Company Exercise Period, then, for a period of thirty (30) days following the date on which the Company Offer Notice is given, the Transferring Shareholder may not transfer the Target Shares except to the Company or to a Permitted Transferee pursuant to the terms of this Agreement.
The right of the Company to purchase any part of the Stock under this Section 3 may be assigned in whole or in part to one or more employees, officers or directors of the Company, or to the Shareholders, following acceptance of the offer contained in the Company Offer Notice by the Transferring Shareholders; provided that if assigned to the Shareholders, such right shall be assigned on a pro rata basis in accordance with the number of Registrable Securities held by each such Shareholder.
If, at the end of the thirtieth (30th) day following the effective date of such Company Offer Notice, the Transferring Shareholder shall not have transferred the Target Shares pursuant to the prior sentence, the Company's first offer rights shall continue to be applicable to any subsequent disposition of the Target Shares by the Transferring Shareholder.
At any time within 15 days after receipt by the Company of the Company Offer Notice (the “Company Option Period”), the Company may elect to purchase any or all of the Conversion Shares and shall give written notice of such election (the “Company Acceptance Notice”) to the Converting Shareholder and HIG within the Company Option Period, which notice shall indicate the maximum number of shares of Common Stock that the Company desires to purchase.
A Company Offer Notice shall be deemed an offer by the Company to Parent, which may be accepted within five (5) business days of the receipt of such Company Offer Notice, on the same terms and conditions and at the same price at which the Company is proposing to transfer such shares or other securities to such transferee.
The Transaction Member’s Company Offer Notice shall constitute an irrevocable offer to sell all (but not part only) of the Membership Units which are the subject of the Transaction Offer (the “Offered Units”) to the Company, on the basis described below, and on the same terms and conditions of, the Transaction Offer.