Common use of Sale of Securities by Company Clause in Contracts

Sale of Securities by Company. Within 60 days of the expiration of the period described in Section 3.1(b), any Offered Securities which the Investors have not elected to purchase may be sold by the Company to any person or persons at a price not less than, and upon terms no more favorable to the offeree than, those specified in the Notice. If the Company does not complete the sale of all such Offered Securities within said 60-day period, the rights of the Investors with respect to any such unsold Offered Securities shall be deemed to be revived.

Appears in 7 contracts

Samples: Investor Rights Agreement (Fluidigm Corp), Series E Preferred Stock Purchase Agreement (Fluidigm Corp), Investor Rights Agreement (Fluidigm Corp)

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Sale of Securities by Company. Within 60 days of the expiration of the period described in Section 3.1(b), any Offered Securities which the Investors Senior Preferred Holders have not elected to purchase may be sold by the Company to any person or persons at a price not less than, and upon terms no more favorable to the offeree than, those specified in the Notice. If the Company does not complete the sale of all such Offered Securities within said 60-60 day period, the rights of the Investors Senior Preferred Holders with respect to any such unsold Offered Securities shall be deemed to be revived.

Appears in 1 contract

Samples: Investor Rights Agreement (Peregrine Semiconductor Corp)

Sale of Securities by Company. Within 60 days of the expiration of the period described in Section 3.1(b), any Offered Securities which the Investors have Investor has not elected to purchase may be sold by the Company to any person or persons at a price not less than, and upon terms no more favorable to the offeree than, those specified in the Notice. If the Company does not complete the sale of all such Offered Securities within said 60-60 day period, the rights of the Investors Investor with respect to any such unsold Offered Securities shall be deemed to be revived.

Appears in 1 contract

Samples: Securities Purchase Agreement (Notify Technology Corp)

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Sale of Securities by Company. Within 60 days of the expiration of ----------------------------- the period described in Section 3.1(b), any Offered Securities which the Investors have not elected to purchase may be sold by the Company to any person or persons at a price not less than, and upon terms no more favorable to the offeree than, those specified in the Notice. If the Company does not complete the sale of all such Offered Securities within said 60-60 day period, the rights of the Investors with respect to any such unsold Offered Securities shall be deemed to be revived.

Appears in 1 contract

Samples: Securities Purchase Agreement (Notify Technology Corp)

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