Preferential Rights definition

Preferential Rights means any right or agreement that enables any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with (a) the sale, assignment or other transfer of any Asset or any interest therein or portion thereof, or (b) the execution or delivery of this Agreement or the consummation or performance of the terms and conditions contemplated by this Agreement.
Preferential Rights has the meaning specified in Section 3.4.
Preferential Rights means a right held by any third party under the terms of the Contract, Documents or under applicable law rule or regulation to pre-empt the transaction contemplated by this Agreement or affect its terms in any way.

Examples of Preferential Rights in a sentence

  • Options or Preferential Rights in Respect of SharesThere are no provisions of Guernsey law which confer pre-emption rights on existing Shareholders on the allotment of equity securities for cash.

  • The Covered Bonds are obligations issued or converted in accordance with the Covered Bond Act and rank pari passu with all other obligations of the Bank that have been provided with the same priority as Covered Bonds pursuant to the Swedish Preferential Rights of Creditors Act (1970:979) (förmånsrättslagen (1970:979)).

  • Under the brand name Etiqa, the Group offers customised services across all types and classes of life and general insurance, as well as family and general Takaful plans through a multi-channel distribution network including bancassurance, brokers and direct distribution.

  • Therefore, no steps may be taken that would constitute or result in a public offering of the New Shares, the Preferential Rights or the Scrips outside Belgium.

  • All six (6) Preferential Rights must pertain to Shares of the same class and must therefore have the same coupon number; it is not possible to combine positions in Preferential Rights relating to Ordinary Shares and Preferential Rights relating to Preferential Shares in order to have the requested number of Preferential Rights.


More Definitions of Preferential Rights

Preferential Rights has the meaning set forth in Section 5.6(a).
Preferential Rights has the meaning set forth in Section 4(j).
Preferential Rights has the meaning set forth in SECTION 4(h).
Preferential Rights shall have the meaning assigned to such term in Section 6.3.
Preferential Rights means those rights described in Sections 8.1 and 8.2 of the Joint Development Agreement.
Preferential Rights means all rights of renewal, rights of first refusal, rights of first offer, rights to expansion space or any other rights or agreements similar or dissimilar to the foregoing concerning the future or the potential leasing of the Offer Space or any portion thereof or any other space in the Building of which the Offer Space or any portion thereof shall be a part.