Acquisition of Securities. The Manager will not and will procure that no Approved Person (who has entered into a subcontract with the Manager as described in clause 3.4.4) or any Connected Person of the Manager will acquire, purchase or subscribe for any Security unless the Security has first been offered to the Company on no less favourable terms and the board has resolved not to take up or accept the opportunity to invest on the same terms.
Appears in 4 contracts
Samples: Management Agreement, Management Agreement, Management Agreement