Common use of Partial Acceptance Clause in Contracts

Partial Acceptance. In the event that Investor elects not to purchase all of the Offered Shares, the Company shall sell to Investor the number of Accepted Shares, if any, set forth in the Notice of Purchase.

Appears in 1 contract

Samples: Investor Rights Agreement (Bancorp, Inc.)

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Partial Acceptance. In the event that one or more holders of Investor elects Securities do not elect to purchase all of the Offered SharesShares offered in the Proposal, the Company shall sell to Investor each holder that has so elected to purchase the number of Accepted Shares, if any, set forth in the such holder’s Notice of Purchase. Holders of Investor Securities may purchase any remaining shares offered in the Proposal not purchased by the other holders of Investor Securities pro rata based on their respective Proportionate Percentages, or as they may otherwise agree.

Appears in 1 contract

Samples: Stockholders Agreement (Kenexa Corp)

Partial Acceptance. In the event that one or more holders of Investor elects ------------------ Securities do not elect to purchase all of the Offered SharesShares offered in the Proposal, the Company shall sell to Investor each holder that has so elected to purchase the number of Accepted Shares, if any, set forth in the such holder's Notice of Purchase. Holders of Investor Securities may purchase any remaining shares offered in the Proposal not purchased by the other holders of Investor Securities pro rata based on their respective Proportionate Percentages, or as they may otherwise agree.

Appears in 1 contract

Samples: Stockholders Agreement (Talentpoint Inc)

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Partial Acceptance. In the event that Investor elects one or more Investors do not elect to purchase all of the Offered Shares, the Company shall sell to each Investor that has so elected to purchase the number of Accepted Shares, if any, set forth in the such Investor's Notice of Purchase. Investors may, in their Notice of Purchase, offer to purchase and purchase any remaining Offered Shares not purchased by the other Investors pro rata based on their respective Proportionate Percentages, or as they may otherwise agree with the Company.

Appears in 1 contract

Samples: Investor Rights Agreement (Bancorp, Inc.)

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