Examples of Company Purchase Right in a sentence
In addition, immediately after the Effective Date, each such stock certificate shall evidence a number of Holding Purchase Rights equal to the number of one-half Company Purchase Rights evidenced thereby immediately prior to the Effective Date of the Merger (that is, each one-half Company Purchase Right will be converted into one Holding Purchase Right).
Company shall use its best efforts to provide written notice of the Company Merger to holders of a Company Purchase Right at least ten (10) days prior to the Effective Time.
The shares of Company Common Stock issuable upon such exercise of each Company Purchase Right shall be issued and outstanding immediately prior to the Effective Time and shall therefore be subject to the terms of this Agreement.
Echelon shall pay the commission in the currency in which payment was received from the customer.
Each Stockholder may exercise its Company Purchase Right by giving written notice to the Company within such ten (10) day period and stating therein the quantity of such Shares to be purchased.
In the event that any Stockholder fails to exercise in full its Company Purchase Right within said ten (10) day period, the Company shall give written notice to each Stockholder who fully exercised its Company Purchase Right of the aggregate number of additional Shares which may be purchased by such Stockholders pursuant to Section 2.5(a).
From and after the Effective Time, this Agreement shall be the sole required evidence of such assumption, regardless of whether a new instrument is issued by Parent in exchange for the instrument representing any Company Purchase Right.
If a Founder receives a bona fide offer to purchase any of the Common Shares held by such Founder, the Company and its assignees shall have a right of first refusal to purchase from Founder all, but not less than all, of the Common Shares that such Founder proposes to transfer, assign or otherwise dispose of on the same terms and conditions as those contained in the Offer Notice (defined below) (the "Company Purchase Right").
If the Company should decide not to exercise such Company Purchase Right with regard to any such Common Shares purchasable thereunder, each Investor shall then have the right of first refusal to purchase his, her or its pro rata share of such Common Shares on the same terms and conditions as those contained in the Offer Notice (the "Investor Purchase Right").
The plan area density in the immediate vicinity of Park Avenue is approxi- mately 0.4 and the frontal area density for a southerly inflow is approximately 2.0. The majority of buildings defining the street canyon were approximately 50 m high, but buildings ranged from 10 m to 120 m (full-scale).