No Preemptive Right Sample Clauses
The No Preemptive Right clause establishes that existing shareholders do not have the automatic right to purchase new shares before they are offered to outside investors. In practice, this means that if the company issues additional stock, current shareholders cannot demand to buy a proportional share to maintain their ownership percentage. This clause is commonly used to give the company flexibility in raising capital without being obligated to offer new shares to existing investors first, thereby streamlining the fundraising process and potentially attracting new investors.
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No Preemptive Right. No Person shall have any preemptive, preferential or other similar right with respect to the issuance of any Partnership Security, whether unissued, held in the treasury or hereafter created.
No Preemptive Right. The issuance of this Warrant or the shares under the Warrant is not subject to any preemptive rights of any person that have not previously been waived.
No Preemptive Right. No Person shall have any preemptive, preferential or other similar right with respect to (a) additional Capital Contributions; (b) the issuance of any class or series of Partnership Interests, whether unissued, held in the treasury or hereafter created; (c) issuance of obligations, evidence of indebtedness or other securities of the Partnership convertible into or exchangeable for, or carrying or accompanied by any rights to receive, purchase or subscribe to, any such Partnership Interests; (d) issuance of any right of subscription to or right to receive, or any warrant or option for the purchase of, any such Partnership Interests; or (e) issuance or sale of any other securities that may be issued or sold by the Partnership.
No Preemptive Right. The issuance of this Warrant and the Exercise Shares is not subject to any preemptive rights of any person.
No Preemptive Right. Except as may be provided in a separate agreement executed by the Company, no Person shall have any preemptive, preferential or other similar right with respect to the issuance of any Company Interest, whether unissued, held in the treasury or hereafter created.
No Preemptive Right. Except as provided in Section 5.7(b) with respect to the Series A Preferred Share or as may be provided in a separate agreement executed by the Company, no Person shall have any preemptive, preferential or other similar right with respect to the issuance of any Company Security, whether unissued, held in the treasury or hereafter created.