Rights of pre-emption Sample Clauses

Rights of pre-emption. The Sellers hereby unconditionally and irrevocably waive all rights of pre-emption and any other rights or restrictions over any of the Shares conferred either by the articles of association of the Company or in any other way.
AutoNDA by SimpleDocs
Rights of pre-emption. The following provisions apply in respect of any sale referred to in clause 14.3:
Rights of pre-emption. If a Lender proposes to transfer any of its rights and benefits under this Agreement (other than a transfer to an Affiliate under clause 24.3) it shall first give to the other Lender(s) notice (a TRANSFER NOTICE) of the proposed transfer, together with details of the amount to be transferred, the purchase price and any other material terms of the transfer. The continuing Lender(s) shall have the right to purchase the rights and benefits outlined in the Transfer Notice, on the same terms as specified therein. If there are more than one continuing Lenders then the continuing Lenders shall have the right to purchase an amount equal to the proportion that their Advances bear to the total of all Advances not held by the transferring Lender. If the continuing Lender(s) shall not have exercised their rights within 15 business days of the issue of the Transfer Notice, they shall be deemed to have elected not to purchase, provided that, if there are more than one continuing Lenders and some of the continuing Lenders have elected not to purchase then the other continuing Lenders shall have a further 5 business days to elect to purchase that proportion.
Rights of pre-emption. The Sellers hereby waive irrevocably: (i) any and all rights of pre-emption over the Shares conferred either by the Byelaws or by any other document or in any other way; and (ii) any and all rights conferred by the Employee Shareholders' Agreement on the UK Steering Group (as defined therein) to specify the transferee of any of the Shares and any obligation imposed by that agreement on an Employee Seller to notify the UK Steering Group of his/her intention to sell the Shares in accordance with the terms of this Agreement and shall procure that on or prior to Completion any and all such rights and obligations are waived irrevocably by any other person entitled thereto.
Rights of pre-emption. Exercise any rights of pre-emption in relation to the Leased Properties, unless within a reasonable amount of time after the exercise of such rights, the applicable Credit Party grants Security in favour of the Agent in respect of the Leased Properties subject only to Permitted Liens substantially in the same form and substance as the Security granted by the UK Credit Parties over similar assets under the Security Documents entered into by such UK Credit Parties and referred to in Section 4.2.
Rights of pre-emption. Six Continents shall procure that any and all rights of pre-emption over the Retail Shares conferred either by the Articles of Association or other equivalent document of the relevant company or in any other way are waived irrevocably by the persons entitled thereto.
Rights of pre-emption. The Vendors hereby waive irrevocably any and all rights of pre-emption over the Shares conferred either by the Articles of Association or other equivalent document of the Company or in any other way.
AutoNDA by SimpleDocs
Rights of pre-emption. 1. The provisions of this part V apply to any person or trust, including the Employees' Trust ("Covenantor") who or which acquires Shares in the Company pursuant to the Scheme, whether or not he is an Employee, but shall be subject to the provisions of Part VI (to the extent that the latter apply to a Covenantor).
Rights of pre-emption. 6.1 Subject always to Clause 6.7, any Shareholder who wishes to sell any of its Shares (a "VENDOR") shall give notice in writing to the Company and each of the other Shareholders of such wish (a "TRANSFER NOTICE") identifying:
Rights of pre-emption. 11.1 In the absence of any agreement in writing to the contrary, any original shares for the time being unissued and any new shares from time to time created in the Company shall before issue be offered to the Shareholders in proportion, as nearly as the circumstances admit, to the number of the existing shares held by them. The offer (which may not be ceded or renounced either in whole or in part without the consent of all Shareholders) shall be made by notice from the Board specifying the number of shares offered, the terms and conditions under which they are offered and limiting the time (which shall not be less than 15 days) when the offer, if not accepted, will be deemed to be declined.
Time is Money Join Law Insider Premium to draft better contracts faster.