Notice of Right. In the event the Company proposes to undertake an issuance of New Securities, it shall give each Investor written notice of its intention, describing the type of New Securities and the price and terms upon which the Company proposes to issue the same. Each Investor shall have 15 days from the date of receipt of any such notice to agree to purchase shares of such New Securities (up to the amount referred to in Section 6.1), for the price and upon the terms specified in the notice, by giving written notice to the Company and stating therein the quantity of New Securities to be purchased.
Appears in 3 contracts
Samples: Series a Convertible Preferred Stock Purchase Agreement (Hei Inc), Stock Purchase Agreement (Hei Inc), Stock Purchase Agreement (Hei Inc)
Notice of Right. In the event the Company proposes to undertake an issuance of New Securities, it shall give each Investor written notice of its intention, describing the type of New Securities and the price and terms upon which the Company proposes to issue the same. Each Investor shall have 15 twenty (20) days from the date of receipt delivery of any such notice to agree to purchase shares up to such Investor’s Pro Rata Portion of such New Securities (up to the amount referred to in Section 6.1)Securities, for the price and upon the terms specified in the notice, by giving delivering written notice to the Company and stating therein the quantity of New Securities to be purchased.
Appears in 3 contracts
Samples: Investor Rights Agreement (Coherus BioSciences, Inc.), Securities Purchase Agreement (Whole Foods Market Inc), Investor Rights Agreement (Novacea Inc)
Notice of Right. In the event the Company proposes to undertake an issuance of New Securities, it shall give each Major Investor written notice of its intention, describing the type of New Securities and the price and terms upon which the Company proposes to issue the same. Each Major Investor shall have 15 twenty (20) days from the date of receipt delivery of any such notice to agree to purchase shares up to such Major Investor’s Pro Rata Portion of such New Securities (up to the amount referred to in Section 6.1)Securities, for the price and upon the terms specified in the notice, by giving delivering written notice to the Company and stating therein the quantity of New Securities to be purchased.
Appears in 2 contracts
Samples: Registration Rights Agreement (Complete Genomics Inc), Investor Rights Agreement (Complete Genomics Inc)
Notice of Right. In the event the Company proposes to undertake an issuance of New Securities, it shall give each Investor written notice of its intention, describing the type of New Securities and the price and terms upon which the Company proposes to issue the same. Each Investor shall have 15 20 days from the date of receipt delivery of any such notice to agree to purchase shares up to such Investor’s Pro Rata Portion of such New Securities (up to the amount referred to in Section 6.1)Securities, for the price and upon the terms specified in the notice, by giving delivering written notice to the Company and stating therein the quantity of New Securities to be purchased.
Appears in 1 contract
Notice of Right. In the event the Company proposes to undertake an issuance of New Securities, it shall give each the Investor written notice of its intention, describing in reasonable detail the type of New Securities securities and the price and terms upon which the Company proposes to issue the same. Each The Investor shall have 15 ten (10) days from the date of receipt delivery of any such notice to agree to purchase shares up to its Pro Rata Portion of such New Securities (up to the amount referred to in Section 6.1)Securities, for the price and upon the terms specified in the notice, by giving delivering written notice to the Company and stating therein the quantity of New Securities to be purchased.
Appears in 1 contract
Notice of Right. In the event the Company proposes to undertake an issuance of New Securities, it shall give each Investor written notice of its intention, describing the type of New Securities and the price and terms upon which the Company proposes to issue the same. Each Investor shall have 15 twenty (20) days from the date of receipt of any such notice to agree to purchase any shares of such New Securities (up to the amount referred to in Section 6.1such Investor's Pro Rata Portion), for the price and upon the terms specified in the notice, by giving written notice to the Company and stating therein the quantity of New Securities to be purchased.
Appears in 1 contract
