ROFR Price definition

ROFR Price has the meaning set forth in Section 7.3.

ROFR Price means the Margin Call Price or Non-Margin Call Closing Price, as applicable.

ROFR Price has the meaning given such term in Section 5.02(b).

Examples of ROFR Price in a sentence

• In the event the ROFR Purchaser fails to exercise the ROFR or refuses to exercise ROFR, then the Eligible Employees shall have the right to transfer the ROFR Shares only to the Proposed Transferee and provided that such Proposed Transferee is not a competitor, at the ROFR Price or price higher than the ROFR Price and on the ROFR Terms or terms better than the ROFR Terms.

• The aggregate ROFR Price for ROFR Shares shall be remitted by the ROFR Purchaser or by such person nominated by the Promoter(s) to the Eligible Employees and the Eligible Employee shall transfer the ROFR Shares to the ROFR Purchaser or to such person nominated by the Promoter(s) for the said consideration.

• Within 60 (sixty) days from the date of Acceptance Notice, the Eligible Employees shall sell and the ROFR Purchaser or any other person nominated by the Promoter(s), shall purchase upto all of the ROFR Shares, at the ROFR Price and the ROFR Terms, free from all encumbrances.

• In the event the ROFR Price and ROFR Terms are acceptable to the ROFR Purchaser, then the ROFR Purchaser shall within a period of 30 (thirty) days from the date of ROFR Notice, send an acceptance of ROFR Price and ROFR Terms to the Eligible Employees in writing (“ Acceptance Notice”).

• The Transferring Stockholder Notice shall constitute the Transferring Stockholder’s offer to Transfer the ROFR Securities to the ROFR Rightholders in consideration for the Aggregate ROFR Price (as defined below), which offer shall be irrevocable until the end of the applicable notice period in this Section 1.3(d) and 1.3(e).

More Definitions of ROFR Price

ROFR Price means (a) with respect to any cash consideration to be paid for Transfer Shares in a Proposed MJ Disposition to a non-Affiliated third party in sales not conducted on the open market, the price per Transfer Share at which such non-Affiliated third party has agreed to

ROFR Price shall have the meaning specified in Section 2.3(b).

ROFR Price is defined in Section 11.1(b).

ROFR Price means, in respect of any Delivery Date, the amount specified in Column <*> of Table 1 of Section 2.1 for that Delivery Date;

ROFR Price has the meaning set forth in Section 4.2(a)(i)(D).

ROFR Price means, as of the close of trading on a given date of determination, the price for sales of Common Stock on the applicable national securities exchange or national inter-dealer quotation system on which such securities are listed, in any case, as reported in such source as Company’s Board of Directors shall select; provided, that if there is no regular public trading market for shares of Common Stock, the ROFR Price shall be determined by Company’s Board of Directors in good faith.

ROFR Price has the meaning assigned to such term in Section 15.2(a).