Common use of Pre-Emptive Right Clause in Contracts

Pre-Emptive Right. (a) The Company hereby grants to each Initial Shareholder and the Xxxxxxx Shareholder (each, a “Pre-emptive Shareholder”) the right to purchase its pro rata portion of any new Common Shares (other than any Excluded Securities) (the “New Securities”) that the Company may from time to time propose to issue or sell to any Person.

Appears in 4 contracts

Samples: Voting and Shareholders’ Agreement (Enstar Group LTD), Shareholders’ Agreement (Enstar Group LTD), Shareholders’ Agreement (Enstar Group LTD)

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Pre-Emptive Right. (a) The Company hereby grants to each Initial Shareholder and the Xxxxxxx Shareholder (each, a “Pre-emptive Shareholder”) the right to purchase its pro rata portion of any new Common Shares (other than any Excluded Securities) (the “New Securities”) that the Company may from time to time propose to issue or sell to any Person.

Appears in 4 contracts

Samples: Shareholders’ Agreement (Enstar Group LTD), Shareholders’ Agreement (Enstar Group LTD), Shareholders’ Agreement (Enstar Group LTD)

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Pre-Emptive Right. (a) The Company hereby grants to each Initial Shareholder and the Xxxxxxx Shareholder (each, a “Pre-emptive Shareholder”) the right to purchase its pro rata portion of any new Common Shares Stock (other than any Excluded Securities) (the “New Securities”) that the Company may from time to time propose to issue or sell to any Personparty.

Appears in 2 contracts

Samples: Shareholders Agreement (Highbridge Principal Strategies, LLC), Shareholders Agreement (Apollo Investment Corp)

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