Company Right of First Refusal definition

Company Right of First Refusal means the right, but not an obligation, of the Company, or its permitted transferees or assigns, to purchase some or all of the Transfer Stock with respect to a proposed Transfer, as applicable, at the same price and on the same terms and conditions as those offered to the Prospective Transferee, as set forth in the Transfer Notice.
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Company Right of First Refusal has the meaning set forth in Section 6.3(a)(i).
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Company Right of First Refusal shall have the meaning ascribed to it in Section 4.10(2)(b).
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Examples of Company Right of First Refusal in a sentence

  • The Company may exercise its Company Right of First Refusal by delivering a notice to this effect to the selling Holder no later than fifteen (15) days after its receipt of the Transfer Notice.

  • Upon request of County, Company shall furnish to County or the purchaser of the Offer Premises an affidavit in recordable form stating the extent to which Company' Right of First Refusal has terminated in accordance with this Section and setting forth such other matters as Company shall deem necessary or appropriate.

  • Each Holder hereby unconditionally and irrevocably grants to each other Holder the Secondary Refusal Right to purchase all or any portion of the Transfer Stock not purchased by the Company pursuant to the Company Right of First Refusal.

  • Upon expiration of the Subsequent Company Refusal Period, the Company will provide notice to all Investors as to whether or not the Subsequent Company Right of First Refusal has been exercised by the Company, and to the extent that it has not, as to whether or not the Right of First Refusal has been exercised by one or more of the Investors.

  • Subject to compliance with applicable law, each Holder hereby unconditionally and irrevocably grants to the Company the Company Right of First Refusal and each Holder hereby unconditionally and irrevocably agrees to vote in favour of any resolution required to give effect to the Company Right of First Refusal.

  • If the Company does not exercise the Company Right of First Refusal with respect to all Transfer Stock, the Company shall deliver a Secondary Notice to each Holder to that effect no later than fifteen (15) days after the Company’s receipt of the Transfer Notice.

  • Payment of the purchase price for Offered Stock purchased by the Company exercising its Company Right of First Refusal or by a Shareholder exercising its respective Series C/D Refusal Right or Shareholder Refusal Right will be made within ten (10) days after the date of the applicable Expiration Notice.

  • The purchase price for the Offered Stock to be purchased by the Company exercising its Company Right of First Refusal or by a Shareholder exercising its respective Series C/D Refusal Right or Shareholder Refusal Right will be the Offered Price, and will be payable as set forth in Section 3.4 hereof.

  • The Company Right of First Refusal shall be exercisable by written notice given within the Company Offer Period by the Company to the Selling Shareholder (the "Company Acceptance Notice") setting forth the number of Offered Shares to be purchased by the Company.

  • If a Holder would like to sell or transfer any Preferred Stock or Registrable Securities held by such Holder to a Proposed Competitor Transferee, the Holder must provide the Company or its assignee(s) with a ROFR Notice (as defined below) requesting approval to sell or transfer such securities and offering the Company or its assignee(s) a Company Right of First Refusal on the same terms and conditions set forth in this Section 2.12(b).


More Definitions of Company Right of First Refusal

Company Right of First Refusal has the meaning ascribed to it in Section 12.1;
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Company Right of First Refusal has the meaning set forth in Section 2.1 of Exhibit E.
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Company Right of First Refusal has the meaning set forth in Section 3.1.
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Related to Company Right of First Refusal

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Right of First Offer has the meaning set forth in Section 8.7.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit G attached to this Agreement.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Right of Co-Sale means the right, but not an obligation, of an Investor to participate in a Proposed Key Holder Transfer on the terms and conditions specified in the Proposed Transfer Notice.

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Exclusive Right to Sell listing means that if you, the owner of the property, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker.

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • right of use means any right we have to use, in our own name and on our own account or the account of another counterparty, financial instruments received by us by way of collateral under a security collateral arrangement between you and us;

  • Investors Agreement has the meaning set forth in Section 6.01(e).

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Original Holder shall have the meaning given in the Recitals.

  • Registration Rights means the rights of the Holders to cause the Company to Register Registrable Securities pursuant to this Agreement.

  • Stockholders Agreement means the Stockholders Agreement, dated as of the date hereof, by and among the Company and the other parties thereto.

  • Call Rights As defined in Section 9.01(f).

  • Management Stockholders Agreement means that certain Management Stockholder’s Agreement between the Optionee and the Company.

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.