Common use of Continuing Right Clause in Contracts

Continuing Right. If the sale to a Permitted Purchaser is not completed within the three month period referred to in Section 7.07(3)(b), the Offeror may not sell the Offered Shares without first offering them again in accordance with this Section 7.07.

Appears in 2 contracts

Sources: Shareholder Agreement (Loral Space & Communications Inc.), Asset Transfer Agreement (Loral Space & Communications Inc.)

Continuing Right. If the sale to a Permitted Purchaser is not completed within the three month period referred to in Section 7.07(3)(b), the Offeror may not sell the Offered Shares without first offering them again in accordance with this Section 7.07.. (5)

Appears in 1 contract

Sources: Asset Transfer Agreement