Common use of Multiple Series, Class or Type of Stock Clause in Contracts

Multiple Series, Class or Type of Stock. If the Offered Stock consists of more than one series, class or type of Stock, the Seller has the right to Transfer hereunder each such series, class or type; PROVIDED, HOWEVER, THAT if, as to the Right of Co-Sale, a Preferred Holder does not hold any of such series, class or type, and the proposed Transferee is not willing, at the Closing, to purchase some other series, class or type of Stock from such Preferred Holder, or is unwilling to purchase any Stock from such Preferred Holder at the Closing, then such Preferred Holder will have the put right (the "PUT RIGHT") set forth in Section 7.2 hereof.

Appears in 2 contracts

Samples: Investors' Rights Agreement (Liquor Com Inc), Investors' Rights Agreement (Liquor Com Inc)

AutoNDA by SimpleDocs

Multiple Series, Class or Type of Stock. If the Offered Stock consists of more than one series, series or class or type of Stock, the Seller Purchaser has the right to Transfer hereunder purchase or transfer hereunder, as the case may be, each such series, class or type; PROVIDEDprovided, HOWEVERhowever, THAT that if, as to the Right of Co-Sale, a Preferred Holder the Purchaser does not hold any of such series, class class, or type, and the proposed Transferee transferee is not willing, at the Closing, to purchase some other series, class or type of Stock from such Preferred Holderthe Purchaser, or is unwilling to purchase any Stock from such Preferred Holder at the ClosingPurchaser, then such Preferred Holder the Purchaser will have the put right (the "PUT RIGHTPut Right") set forth in Section 7.2 6(b) hereof.

Appears in 2 contracts

Samples: Right of First Refusal and Co Sale Agreement (Imanage Inc), Right of First Refusal and Co Sale Agreement (Imanage Inc)

Multiple Series, Class or Type of Stock. If the Offered Stock consists --------------------------------------- of more than one series, series or class or type of Stock, the Seller Purchaser has the right to Transfer hereunder purchase or transfer hereunder, as the case may be, each such series, class or type; PROVIDEDprovided, HOWEVERhowever, THAT that if, as to the Right of Co-Sale, a Preferred Holder the Purchaser does not hold any of such series, class class, or type, and the proposed Transferee transferee is not willing, at the Closing, to purchase some other series, class or type of Stock from such Preferred Holderthe Purchaser, or is unwilling to purchase any Stock from such Preferred Holder the Purchaser at the Closing, then such Preferred Holder the Purchaser will have the put right (the "PUT RIGHTPut Right") set forth in Section 7.2 6(b) hereof.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Comps Com Inc)

Multiple Series, Class or Type of Stock. If the Offered Stock consists --------------------------------------- of more than one series, series or class or type of Stock, the Seller Purchaser has the right to Transfer hereunder purchase or transfer hereunder, as the case may be, each such series, class or type; PROVIDEDprovided, HOWEVERhowever, THAT that if, as to the Right of Co-Sale, a Preferred Holder the Purchaser does not hold any of such series, class class, or type, and the proposed Transferee transferee is not willing, at the Closing, to purchase some other series, class or type of Stock from such Preferred Holderthe Purchaser, or is unwilling to purchase any Stock from such Preferred Holder the Purchaser at the Closing, then such Preferred Holder the Purchaser will have the put right (the .the "PUT RIGHTPut Right") set forth in Section 7.2 6(b) hereof.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Comps Com Inc)

AutoNDA by SimpleDocs

Multiple Series, Class or Type of Stock. If the Offered Stock consists of more than one series, class or type of Stock, the Seller has the right to Transfer hereunder each such series, class or type; PROVIDED, HOWEVER, THAT provided that if, as to the Right of Co-Sale, a Preferred Holder Selling Investor does not hold any of such series, class or type, and the proposed Proposed Transferee is not willing, at the Closing, to purchase some other series, class or type of Stock from such Preferred HolderSelling Investor, or is unwilling to purchase any Stock from such Preferred Holder Selling Investor at the Closing, then such Preferred Holder Selling Investor will have the put right (the "PUT RIGHT"“Put Right”) set forth in Section 7.2 6.1 hereof.

Appears in 1 contract

Samples: Right of First Refusal and Co Sale Agreement (New Media Trader, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!