RIGHTS TO FUTURE SECURITIES ISSUANCES. Subject to the terms and conditions of this Section 4 and applicable securities Laws, each of the Investors shall have a right (the “Preemptive Right”), but not an obligation, to purchase certain portion of New Securities that the Company may, from time to time after the Closing, propose to issue to any potential purchaser according to this Section 4 and subject to the restrictions set forth in Section 7 hereof.
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Samples: Investors’ Rights Agreement (XCHG LTD), Investors’ Rights Agreement (XCHG LTD), Investors’ Rights Agreement (XCHG LTD)
RIGHTS TO FUTURE SECURITIES ISSUANCES. Subject to the terms and conditions of this Section 4 and applicable securities Laws, each of the Investors shall have a right (the “Preemptive Right”), but not an obligation, to purchase certain portion of New Securities that the Company may, from time to time after the Closing, propose to issue to any potential purchaser according to this Section 4 4. If the Company proposes to sell any New Securities, an Investor shall be entitled to apportion the Preemptive Right hereby granted to it among itself and subject to the restrictions set forth its Affiliates in Section 7 hereofsuch proportions as it deems appropriate.
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