Common use of Exercise of Pre-emptive Rights Clause in Contracts

Exercise of Pre-emptive Rights. (a) In the event that the Corporation or any Subsidiary proposes to undertake an issuance of New Securities (in a single transaction or a series of related transactions), it shall give to each Principal Shareholder (as such term is defined below) written notice of its intention to issue New Securities (the “Pre-Emptive Right Notice”), describing the amount and the type of New Securities and the price and the proposed closing date, upon which the Corporation proposes to issue the New Securities. For the purposes of this Section 4.1, the term “

Appears in 4 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Morgan Stanley), Shareholders Agreement (Francisco Partners GP II Management, LLC)

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Exercise of Pre-emptive Rights. (a) In the event that the Corporation or any Subsidiary proposes to undertake an issuance of New Securities (in a single transaction or a series of related transactions), it shall give to each Principal Shareholder (as such term is defined below) written notice of its intention to issue New Securities (the “Pre"PRE-Emptive Right Notice”EMPTIVE RIGHT NOTICE"), describing the amount and the type of New Securities and the price and the proposed closing date, upon which the Corporation proposes to issue the New Securities. For the purposes of this Section 4.1, the term "

Appears in 2 contracts

Samples: Shareholders Agreement (EdgeStone Capital Equity Fund II - US GP, L.P.), Shareholders Agreement (Power Technology Investment CORP)

Exercise of Pre-emptive Rights. (a) In the event that the Corporation or any Subsidiary proposes to undertake an issuance of New Securities (in a single transaction or a series of related transactions), it shall give to each Principal Shareholder (as such term is defined below) written notice of its intention to issue New Securities (the "Pre-Emptive Right Notice"), describing the amount and the type of New Securities and the price and the proposed closing date, upon which the Corporation proposes to issue the New Securities. For the purposes of this Section 4.1, the term "

Appears in 1 contract

Samples: Shareholders Agreement (Zarlink Semiconductor Inc)

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Exercise of Pre-emptive Rights. (a) In the event that the Corporation or any Subsidiary proposes to undertake an issuance of New Securities (in a single transaction or a series of related transactions), it shall give to each Principal Shareholder (as such term is defined below) written notice of its intention to issue New Securities (the “Pre"PRE-Emptive Right Notice”EMPTIVE RIGHT NOTICE"), describing the amount and the type of New Securities and the price and the proposed closing date, upon which the Corporation proposes to issue the New Securities. For the purposes of this Section 4.1, the term "

Appears in 1 contract

Samples: Shareholders Agreement (EdgeStone Capital Equity Fund II - US GP, L.P.)

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