Tag. If Reserves receives at any time an offer, whether or not solicited, for the purchase or exchange of any of its Sponsor Common Units or Sponsor Subordinated Units which it proposes to accept, then Reserves shall have the right to require ▇▇▇▇▇ (and any Transferee Entity) to participate in the transaction on the same terms and conditions as Reserves proposes to accept, and sell an identical pro rata percentage of the Sponsor Common Units and Sponsor Subordinated Units held by ▇▇▇▇▇ (or such Transferee Entity, as the case may be) as Reserves proposes to transfer.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Foresight Energy LP)