Grant of Subscription Rights. During the Term, subject to the terms and conditions of this Agreement (Including the schedule set forth in Exhibit A ), Customer hereby subscribes for, and CMC hereby grants to Customer, a non- transferable, non-exclusive, limited license for the Named Users to access and use the CMC Software via the Customer-supplied Internet connection or proprietary telecommunications line(s) with respect to the ASR. The initial ASR and initial Named Users are set forth in Exhibit A . Customer may Increase the ASR in increments, and the number of Named Users shall adjust, in the manner set forth In Exhibit A.
Grant of Subscription Rights. The Company hereby grants to each Stockholder the right to purchase an amount of Company Equity Securities to be issued in any future Eligible Issuance up to such Stockholder’s Proportionate Percentage of such Eligible Issuance.
Grant of Subscription Rights. Subject to the terms and conditions of this Agreement, and Customer’s and its Authorized Users’ continuing compliance therewith, Searchlight hereby grants Customer a personal, non-exclusive, non- transferable (except in connection with a permitted assignment), non-sublicensable, revocable right during the Term (as defined below) for Customer’s internal business purposes (a) to access and use the Searchlight Solution, in accordance with the Documentation; (b) to use and reproduce a reasonable number of copies of the Documentation solely to support
Grant of Subscription Rights. 1. On September 11, 2000, A shall grant B subscription rights of new shares with specifics as follows (hereinafter referred to as "the Subscription Rights").
(1) Distinction between par value shares and non-par value shares, as well as the type of the shares to be issued: Common non-par value shares issued by A (hereinafter referred to as the "Shares")
(2) Number of shares to be issued (hereinafter referred to as "number of shares granted"): ___ shares
(3) Issue price per share: 276,000 yen per share
(4) Exercise period: The exercise period shall be from September 11, 2000 to August 23, 2010, provided, however, that the Subscription Rights shall be exercisable only when A's stock certificates have been registered with the Japan Securities Dealers Association or listed on any of the stock exchanges, and, further provided, that for the period between September 11, 2000 and September 11, 2001, the Subscription Rights shall be exercisable only when the provisions under Article 2, Paragraph 2, Item 3 are applicable.
2. In any of the following cases, the specifics of the Subscription Rights shall be adjusted, restricted or invalidated, subject to the provisions in the attachment.
(1) When A's stocks become subject to stock split (including capitalization of profits available for dividend payments or capital reserve; the same applies hereinafter) or reverse stock split.
Grant of Subscription Rights. During the applicable Term, Customer hereby subscribes for, and Anthology hereby grants to Customer, a non-transferable, non-exclusive, limited licence for the Users to access and use the Anthology SaaS via the Customer-supplied Internet connection or proprietary telecommunications line(s) with respect to the Users. In the event Customer has or is licensing a Perpetual License, the Anthology Software being accessed as part of the Anthology SaaS refers to the Perpetual License.
Grant of Subscription Rights. In case the Company shall fix a record date for the issuance of rights, options or warrants to all holders of Common Stock entitling them to subscribe for or purchase (for a period expiring within forty-five (45) calendar days after such record date) Common Stock (or shares having the same rights, privileges and preference as the shares of Common Stock ["equivalent common stock"]) or securities convertible into Common Stock or equivalent common stock at a price per share of Common Stock or per share of equivalent common stock (or having a conversion price per share, if a security convertible into Common Stock or equivalent common stock) less than the current stock market price as determined pursuant to Section 11(d) hereof) per share of Common Stock on such record date, the Purchase Price to be in effect after such record date shall be determined by multiplying the Purchase Price in effect immediately prior to such record date by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding on such record date, plus the number of shares of Common Stock which the aggregate offering price of the total number of shares of Common Stock and/or equivalent common stock so to be offered (and/or the aggregate initial conversion price of the convertible securities so to be offered) would purchase at such current market price, and the denominator of which shall be the number of shares of Common Stock outstanding on such record date, plus the number of additional shares of Common Stock and/or equivalent common stock to be offered for subscription or purchase (or into which the convertible securities so to be offered are initially convertible). In case such subscription price may be paid by delivery of consideration part or all of which may be in a form other than cash, the value of such consideration shall be as determined in good faith by the Board of Directors of the Company, whose determination shall be described in a statement filed with the Rights Agent and shall be binding on the Rights Agent and the holders of the Rights. Shares of Common Stock owned by or held for the account of the Company shall not be deemed outstanding for the purpose of any such computation. Such adjustment shall be made successively whenever such a record date is fixed, and in the event that such rights or warrants are not so issued, the Purchase Price shall be adjusted to be the Purchase Price which would then be in effect if such record date had not been f...
