Rejection of Offer. In the event the Company shall fail to deliver a Notice of Acceptance to Buyer prior to expiration of the Acceptance Period, the Buyer may proceed to sell the Units to the proposed purchaser in accordance with the terms of the Notice of Offer; provided, however, that in the event that such transaction is not closed within thirty (30) days following expiration of the Acceptance Period, such transaction shall again become subject to the terms and provisions of this Section 9.
Appears in 2 contracts
Sources: Exchange Agreement and Mutual Release (Gabriel Technologies Corp), Plan of Exchange (Gabriel Technologies Corp)