Examples of Lockup Period in a sentence
If one of the Banks wishes to proceed to a transfer, following the expiry of the Lock-up Period, in favor of a third party or another shareholder, it shall be required to offer the sale shares, at the same terms and conditions, to NP which shall have the right to acquire all (and no less than all) the sale shares.
After the Lockup Period, Redemption requests will be considered on a first come, first served basis.
If one of the Banks wishes to proceed to a transfer, following the expiry of the Lock-up Period, in favor of a third party or another shareholder, it shall be required to offer the sale shares, at the same terms and conditions, to NP, which shall have the right to acquire all (and no less than all) the sale shares.
The same principles shall apply, mutatis mutandis, also to any transfer of the shares held by the Italian Investors in Newco during the Lock-up Period in favor of any person other than the Italian Investors or their affiliates, meaning as such any company or person which, directly or indirectly, is controlled, controls or is controlled by the same person controlling such first person.
All of the above parameters notwithstanding, the Manager will endeavor to manage the Fund in such a manner as to be able to accommodate Redemption requests at any time after the Lock-up Period as consistently as possible.