ROFR Exercise Notice definition

ROFR Exercise Notice has the meaning set forth in Section 3.5(b).

ROFR Exercise Notice is defined in Section 10.07(b).

ROFR Exercise Notice shall have the meaning set forth in Section 6.4(a).

Examples of ROFR Exercise Notice in a sentence

• To exercise its secondary Right of First Refusal, Amira Mauritius must deliver a ROFR Exercise Notice to the selling Shareholder or Shareholders and the Corporation within ten (10) days after the Corporation’s deadline for its delivery of the notice described in the immediately preceding sentence.

• If the Buyer does not give the ROFR Exercise Notice in accordance with the provisions of Section 10(d), the right of the Buyer to purchase the Offered Interest will terminate and the Seller Entities may sell all, but not less than all, of the Offered Interest to the Third Party Offeror in accordance with the terms of the Third Party Offer at any time within 50 Business Days after the expiry of the 30 Business Day period specified in Section 10(d).

• The Company ROFR Exercise Notice shall be binding upon delivery and irrevocable by the Company.

• Any Member ROFR Exercise Notice shall be binding upon delivery and irrevocable by the Applicable ROFR Rightholder.

• If the consideration proposed to be paid for the India Shares in the Proposed Transfer is in property, services or other non-cash consideration, the fair market value of the consideration shall be as determined in good faith by the majority of the Corporation’s board of directors who are not also Shareholders or agents or affiliates of Shareholders and as set forth in the ROFR Exercise Notice.

More Definitions of ROFR Exercise Notice

ROFR Exercise Notice has the meaning set forth in Section 2.7.1 (Third Party Interest).

ROFR Exercise Notice has the meaning attributed thereto in Section 6.2;

ROFR Exercise Notice to the ROFR Seller prior to the expiration of the ROFR Option Period, specifying the Company’s acceptance of the ROFR Purchase Terms (including, for the avoidance of doubt, the ROFR Purchase Price).

ROFR Exercise Notice has the meaning given to such term in Section 3.03; (pp) “ROFR Exercise Period” has the meaning given to such term in Section 3.03; (qq) “ROFR Notice” has the meaning given to such term in Section 3.03;

ROFR Exercise Notice has the meaning set forth in Section 10.03(d)(ii). “Section 1.752-7 Liability” has the meaning set forth in Section 5.01.

ROFR Exercise Notice has the meaning given in Clause ‎9.3 (Right of First Refusal).

ROFR Exercise Notice shall have the meaning ascribed to it in Section 12.2.