Common use of Preemptive Pro Rata Share Clause in Contracts

Preemptive Pro Rata Share. A Rights Holder’s “Preemptive Pro Rata Share” for purposes of the Preemptive Rights under this Section 7 is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights. Shareholders Agreement

Preemptive Pro Rata Share. A Rights Holder’s “Preemptive Pro Rata Share” for purposes of the Preemptive Rights under this Section 7 is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights. Shareholders AgreementAgreement 21

Preemptive Pro Rata Share. A Rights Holder’s “Preemptive Pro Rata Share” for purposes of the Preemptive Rights under this Section 7 is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights. Shareholders AgreementEach Holder may apportion, at its sole discretion, its pro rata shares among its Affiliates in any proportion.

Preemptive Pro Rata Share. A Rights HolderAn Investor’s “Preemptive Pro Rata Share” for purposes of the Preemptive Rights under this Section 7 is the ratio of (a) the number of Ordinary Shares (including issued or issuable upon conversion of Preferred Shares on an as-converted basis) or exercise of the Warrant, if applicable, that has become exercisable pursuant to the terms thereof held by such Rights HolderMajor Investor (such Ordinary Shares, the “Major Investor Shares”) to (b) the total number of Ordinary Shares (including Preferred Shares on an asa Fully-converted basis) then outstanding Diluted Basis immediately prior to the issuance of New Securities giving rise to the Preemptive Rights. Shareholders Agreement.