Common use of Preemptive Offer Notice Clause in Contracts

Preemptive Offer Notice. (a) Not less than twenty (20) days before a proposed issuance of securities other than in connection with an issuance permitted under Section 4.1(c) (a “Proposed Issuance”), the Company shall deliver to each Preferred Shareholder a written notice (a “Preemptive Offer Notice”) which shall set forth (i) the number, type and terms of such Issuance Securities, (ii) the consideration to be received by the Company in connection with the Proposed Issuance and (iii) a summary of any other material terms and conditions of the Proposed Issuance, including the name of the Proposed Recipient and the proposed issuance date.

Preemptive Offer Notice. (a) Not less than twenty fifteen (2015) days Business Days before a proposed issuance of securities Equity Securities other than in connection with an issuance permitted under Section 4.1(c) (a “Proposed Issuance”), the Company shall deliver to each Preferred Shareholder Preemptive Right Holder a written notice (a “Preemptive Offer Notice”) which shall set forth (i) the number, number and type and terms of such Issuance Securities, (ii) the consideration to be received by the Company in connection with the Proposed Issuance and (iii) a summary of any other material terms and conditions of the Proposed Issuance, including the name of the Proposed Recipient and the proposed issuance date.

Preemptive Offer Notice. (a) Not less than twenty (20) 20 days before a proposed issuance of securities other than in connection with an issuance permitted under Section 4.1(c) (a “Proposed Issuance”), the Company shall deliver to each Preferred Shareholder Preemptive Rightholder a written notice (a “Preemptive Offer Notice”) ), which shall set forth (i) the number, type and terms of such Issuance Securities, (ii) the consideration to be received by the Company in connection with the Proposed Issuance and (iii) a summary of any other material terms and conditions of the Proposed Issuance, including the name of the Proposed Recipient and the proposed issuance date. Such Preemptive Offer Notice shall be accompanied by any written offer, if any, from the Proposed Recipient to purchase such Issuance Securities.

Preemptive Offer Notice. (a) Not less than twenty (20) 20 days before a proposed issuance of securities other than in connection with an issuance permitted under Section 4.1(c1.1(c) (a “Proposed Issuance”), the Company shall deliver to each Preferred Shareholder Preemptive Rightholder a written notice (a “Preemptive Offer Notice”) ), which shall set forth (i) the number, type and terms of such Issuance Securities, (ii) the consideration to be received by the Company in connection with the Proposed Issuance and (iii) a summary of any other material terms and conditions of the Proposed Issuance, including the name of the Proposed Recipient and the proposed issuance date.