Common use of Rescission Right Clause in Contracts

Rescission Right. If to the knowledge of the Company, the conditions set forth in Section 6 shall not have been satisfied as of the applicable Settlement Date, the Company will offer to any person who has agreed to purchase ADSs from the Company as the result of an offer to purchase solicited by the Manager the right to refuse to purchase and pay for such ADSs.

Appears in 7 contracts

Samples: Market Offering Agreement (Trinity Biotech PLC), Market Offering Agreement (Immuron LTD), Market Offering Agreement (Immuron LTD)

AutoNDA by SimpleDocs

Rescission Right. If to the knowledge of the Company, the conditions set forth in Section 6 shall not have been satisfied as of the applicable Settlement Date, the Company will offer to any person Person who has agreed to purchase ADSs from the Company as the result of an offer to purchase solicited by the Manager the right to refuse to purchase and pay for such ADSs.

Appears in 4 contracts

Samples: Market Offering Agreement (Can-Fite BioPharma Ltd.), The Market Offering Agreement (Steakholder Foods Ltd.), Market Offering Agreement (BioLineRx Ltd.)

AutoNDA by SimpleDocs

Rescission Right. If to the knowledge of the Company, the conditions set forth in Section 6 shall not have been satisfied as of the applicable Settlement Date, the Company will offer to any person who has agreed to purchase ADSs from the Company as the result of an offer to purchase solicited by the Lead Manager the right to refuse to purchase and pay for such ADSs.

Appears in 1 contract

Samples: The Market Offering Agreement (ReneSola LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!