Amount of Subscriber's Right. of First Refusal. The amount of securities which a Subscriber is entitled to purchase in such a Future Offering shall be a number obtained by multiplying the aggregate amount of securities being offered in the Future Offering by a fraction, the numerator of which is the purchase price of the Preferred Stock purchased by the Subscriber pursuant to this Agreement and the denominator of which is the aggregate dollar amount of Preferred Stock placed in this Offering.
Appears in 3 contracts
Samples: Agreement (Franklin Telecommunications Corp), Registration Rights Agreement (Viragen Inc), Subscription Agreement (Ancor Communications Inc /Mn/)
Amount of Subscriber's Right. of First Refusal. The amount of securities which a Subscriber is entitled to purchase in such a Future Offering shall be a number obtained by multiplying the aggregate amount of securities being offered in the Future Offering by a fraction, the numerator of which is the purchase price of the Preferred Stock purchased by the Subscriber pursuant to this Subscription Agreement and the denominator of which is the aggregate dollar amount of Preferred Stock placed in this Offering.
Appears in 1 contract
Samples: Subscription Agreement (Ancor Communications Inc /Mn/)
Amount of Subscriber's Right. of First Refusal. The amount of securities which a Subscriber is entitled to purchase in such a Future Offering shall be a number obtained by multiplying the aggregate amount of securities being offered in the Future Offering by a fraction, the numerator of which is the purchase price of the Preferred Stock Convertible Notes purchased by the Subscriber pursuant to this Agreement and the denominator of which is the aggregate dollar amount of Preferred Stock Convertible Notes placed in this Offering.
Appears in 1 contract
Samples: Regulation D Subscription Agreement (Ea Industries Inc /Nj/)
