Purchaser’s Rights Sample Clauses

Purchaser’s Rights if Trading in Common Stock is Suspended or Delisted. If at any time while the Purchaser (or any assignee thereof) owns any Securities, less than $400,000 of the Common Stock trades on the OTC Bulletin Board in any one week or there are fewer than six (6) market makers actively making a market in the Common Stock (or, if after the Closing Date the Common Stock is listed on any of the exchange, markets or trading facilities contemplated in Section 3.9, if the Common Stock is delisted or suspended from trading on such exchange, market or trading facility, other than as a result of the suspension of trading in securities on such market or exchange generally, or temporary suspensions pending the release of material information) for more than three (3) Trading Days, then, notwithstanding anything to the contrary contained in any Transaction Document, at the Purchaser's option exercisable by five (5) Business Days prior written notice to the Company, the Company shall repay the entire principal amount of then outstanding Debentures (and all accrued and unpaid interest thereon) and redeem all then outstanding Underlying Shares then held by the Purchaser, at an aggregate purchase price equal to the sum of (I) the aggregate outstanding principal amount of Debentures then held by the Purchaser divided by the Conversion Price on (a) the day prior to the date of such suspension or delisting, (b) the day of such notice or (c) the date of payment in full of the repurchase price calculated under this Section, whichever is less, and multiplied by the Average Price preceding (x) the day prior to the date of such suspension or delisting, (y) the day of such notice and (z) the date of payment in full of the repurchase price calculated under this Section, whichever is greater, (II) the aggregate of all accrued but unpaid interest and other non-principal amounts (including liquidated damages, if any) then payable in respect of all Debentures to be repaid, (III) the number of Underlying Shares then held by the Purchaser multiplied by the Average Price immediately preceding (x) the day prior to the date of such suspension or delisting, (y) the date of the notice or (z) the date of payment in full by the Company of the repurchase price calculated under this Section, whichever is greater, and (IV) interest on the amounts set forth in I - III above accruing from the 5th day after such notice until the repurchase price under this Section is paid in full at the rate of 15% per annum. ...

Purchaser’s Rights. The Purchaser is granted a perpetual, free of charge and non-exclusive right to utilise the various parts of the scope of delivery/product (expanded right of disposal), included in the contractor's ownership rights that are a part of the scope of delivery. The Expanded right of disposal comprises a right to use, copy, modify of develop the various parts of the scope of delivery, either on its own or with the assistance of a third party. The Purchaser is entitled to confer its expanded right of disposal on another public body, unless otherwise specifically agreed.

Purchaser’s Rights. Notwithstanding anything to the contrary contained herein, the exercise by the Purchaser of its rights hereunder shall not release the Seller from any of its duties or responsibilities with respect to the Purchased Items. The Purchaser shall not have any obligation or liability with respect to any Purchased Items, nor shall any of them be obligated to perform any of the obligations of the Seller hereunder.

Purchaser’s Rights. Purchaser shall have the right, but not the obligation, to take, at the Company's sole expense, any actions that the Company is required under this Agreement to take but which the Company fails to take, after fifteen (15) days' notice to the Company. The Company shall reimburse and indemnify Purchaser for all reasonable costs and reasonable expenses incurred in the reasonable exercise of its rights under this Section 5.1((d)).

Purchaser’s Rights. If you purchase these securities you will have certain rights, some of which are described below. For information about your rights you should consult a lawyer.

Purchaser’s Rights. 7.1. The Purchasers shall have the Shareholders' rights as stipulated in the Shareholders' Agreement. 7.2. The Purchasers shall be free to transfer the Shares in whole or in part after six months from the IPO date. 7.3. In consideration of the investment made by the Purchasers in the Company by acquiring the Sale Shares from the Vendor and in consideration of the payment of HK$1 by each Purchaser to the Vendor (receipt of which is hereby acknowledged), the Vendor hereby grants to each of the Purchasers an option (the "PUT OPTION") to require the Vendor to purchase from the Purchasers, upon the Purchasers' exercising the Put Option, all their Shares (as reduced or increased by any reorganization of the Company which takes place prior to the sale of the Shares pursuant to the exercise of the Put Option) in the Company at a price (denominated in US$) equal to the Purchase Price per Share, as adjusted in accordance with Clause 7, together with an annual rate of return thereon of 10% if the Company is not successful in implementing the Qualified IPO by 31 December 2004. Such Put Option will be exercisable by written notice in respect of all Shares (but not any part thereof) served by the Purchasers upon the Vendor during the period from 1 January 2005 to 30 June 2005 (both days inclusive) and within 14 days upon receipt of the said written notice, the Vendor will make payment for the Shares to the Purchasers in such manner as the Purchasers may direct. The Purchasers shall waive such Put Option immediately before the Qualified IPO. Without prejudice to the generality of the foregoing and provided that the Qualified IPO is successfully implemented on or before 30 June 2005, the Purchasers are entitled, at any time prior to such Qualified IPO, to invest in such number of old Shares of the Company from the Vendor equivalent to the number of the Sale Shares at the same entry valuation as that of the "Sale Shares" referred to in Clause 1.1, with each Share valued at HK$100. The Purchasers shall refund the amount (representing the amount of the re-invested Shares or any part thereof) it has received from the Vendor as a result of the exercise of the Put Option and (as the case may be) pay up any balance of the amount of the re-invested Shares in cash to the Vendor if the Purchasers re-invest in the Shares of the Company. 7.4. The Purchasers will be provided with, and have access to all information and material, financial or otherwise, provided to a member of the Boar...

Purchaser’s Rights. Purchaser shall have an exclusive option to acquire, at its sole election and on the terms and conditions set forth herein, all, but not less than all, of the Seller Shares, which option may be exercised at any time during the Call Option Period. In connection therewith, each Seller hereby grants to Purchaser an exclusive right, exercisable at any time during the Call Option Period, to acquire all, but not less than all, of the Seller Shares held by such Seller on the terms set forth in this Section 1.1 (the “Call Option”).

Purchaser’s Rights. By its acceptance of this purchase in respect of the Units, the Fund hereby grants to the Subscriber the rights of action for rescission and/or damages as described in the Confidential Offering Memorandum under the heading “Purchasers’ Rights of Action for Damages and Rescission” as applicable to purchasers of Units resident in the Subscriber’s province or territory of residence.

Purchaser’s Rights. You have two business days to cancel your agreement to purchase these securities. If there is a misrepresentation in this Offering Memorandum, you have the right to ▇▇▇ either for damages or to cancel this agreement. See item 11.