Common use of Issuance of Equity Securities to Other Persons Clause in Contracts

Issuance of Equity Securities to Other Persons. The Company will have one hundred twenty (120) days thereafter to sell the Equity Securities in respect of which Investor’s rights were not exercised, at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to Investor pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty (120) days of the notice provided pursuant to Section 4.2, the Company will not thereafter issue or sell any Equity Securities, without first offering such securities to Investor in the manner provided above.

Appears in 2 contracts

Samples: Investor Rights Agreement (Akcea Therapeutics, Inc.), Investor Rights Agreement (Akcea Therapeutics, Inc.)

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Issuance of Equity Securities to Other Persons. The Company will shall have one hundred twenty ninety (12090) days thereafter to sell the Equity Securities in respect of which the Major Investor’s rights were not exercised, at a price not lower Major and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to Investor the Major Investors pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.2, the Company will shall not thereafter issue or sell any Equity Securities, without first offering such securities to Investor the Major Investors in the manner provided above.

Appears in 2 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Ruckus Wireless Inc)

Issuance of Equity Securities to Other Persons. The If the Major Investors fail to exercise in full the right of first offer, the Company will shall have one hundred twenty ninety (12090) days thereafter to sell the Equity Securities in respect of which the Major Investor’s 's rights were not exercised, at a price not lower and upon general terms and conditions not materially no more favorable to the purchasers thereof than specified in the Company’s 's notice to Investor the Major Investors pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.2, the Company will shall not thereafter issue or sell any Equity Securities, without first offering such securities to Investor the Major Investors in the manner provided above.

Appears in 1 contract

Samples: Investor Rights Agreement (Wildblue Communications Inc)

Issuance of Equity Securities to Other Persons. The Company will shall have one hundred twenty ninety (12090) days thereafter to sell the Equity Securities in respect of which the Investor’s rights were not exercised, at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to the Investor pursuant to Section 4.2 hereof4.2. If the Company has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.2, the Company will shall not thereafter issue or sell any Equity Securities, without first offering such securities to the Investor in the manner provided above.

Appears in 1 contract

Samples: Investor Rights Agreement (Hearusa Inc)

Issuance of Equity Securities to Other Persons. The Company will Corporation shall have one hundred twenty ninety (12090) days thereafter to sell the Equity Securities in respect of which the Investor’s rights were not exercised, at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the CompanyCorporation’s notice to the Investor pursuant to Section 4.2 2.2 hereof. If the Company Corporation has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.22.2, the Company will Corporation shall not thereafter issue or sell any Equity Securities, without first offering such securities to the Investor in the manner provided above.

Appears in 1 contract

Samples: Stockholder Agreement (CorMedix Inc.)

Issuance of Equity Securities to Other Persons. The If the Major Investors fail to exercise in full the rights of first offer, the Company will shall have one hundred twenty ninety (12090) days thereafter to sell the Equity Securities in respect of which the Major Investor’s 's rights were not exercised, at a price not lower and upon general terms and conditions not materially no more favorable to the purchasers thereof than specified in the Company’s 's notice to Investor the Major Investors pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.2, the Company will shall not thereafter issue or sell any Equity Securities, without first offering such securities to Investor the Major Investors in the manner provided above.

Appears in 1 contract

Samples: Investor Rights Agreement (Cardionet Inc)

Issuance of Equity Securities to Other Persons. The Company will shall have one hundred twenty ninety (12090) days thereafter to sell the Equity Securities in respect of which the Major Investor’s rights were not exercised, at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to Investor the Major Investors pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.2, the Company will shall not thereafter issue or sell any Equity Securities, without first offering such securities to Investor the Major Investors in the manner provided above.

Appears in 1 contract

Samples: Investor Rights Agreement (Tilray, Inc.)

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Issuance of Equity Securities to Other Persons. The Company will shall have one hundred twenty ninety (12090) days thereafter to sell the Equity Securities in respect of which Investorthe Holder’s rights were not exercised, at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to Investor the Holder pursuant to Section 4.2 6.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.26.2, the Company will shall not thereafter issue or sell any Equity Securities, without first offering such securities to Investor the Holder in the manner provided above.

Appears in 1 contract

Samples: Common Stock Exchange and Stockholder Agreement (CorMedix Inc.)

Issuance of Equity Securities to Other Persons. The Company will shall have one hundred twenty (120) 90 days thereafter to sell the Equity Securities in respect of which the Major Investor’s rights were not exercised, at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to Investor the Major Investors pursuant to Section 4.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty (120) 90 days of the notice provided pursuant to Section 4.2, the Company will shall not thereafter issue or sell any Equity Securities, without first offering such securities to Investor the Major Investors in the manner provided above.

Appears in 1 contract

Samples: Investor Rights Agreement (U.S. Auto Parts Network, Inc.)

Issuance of Equity Securities to Other Persons. The Company will have one hundred twenty ninety (12090) days thereafter after the expiration of such 15-day period to sell the Equity Securities (including the Equity Securities in respect of which Investor’s rights were not exercised), at a price not lower and upon general terms and conditions not materially more favorable to the purchasers thereof than specified in the Company’s notice to Investor pursuant to Section 4.2 5.2 hereof. If the Company has not sold such Equity Securities within one hundred twenty ninety (12090) days of the notice provided pursuant to Section 4.25.2, the Company will not thereafter issue or sell any Equity Securities, without first offering such securities to Investor in the manner provided above.

Appears in 1 contract

Samples: Investor Rights Agreement (Regulus Therapeutics Inc.)

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