Examples of Equity Purchase Rights in a sentence
If, at the time of the determination of any Equity Purchase Share Amount, any other Person has preemptive or other equity purchase rights similar to the Equity Purchase Rights, such Equity Purchase Share Amount shall be recalculated to take into account the amount of Voting Stock to be sold to such Persons, rounding up such Equity Purchase Share Amount to the nearest whole Equity Purchase Share.
If, at the time of the determination of any Equity Securities Amount, any other Person has preemptive or other equity purchase rights similar to the Equity Purchase Rights, such Equity Securities Amount shall be recalculated to take into account the amount of Voting Stock to be sold to such Persons, rounding up such Equity Securities Amount to the nearest whole Equity Security.
Payment for the additional Shares purchased or subscribed for by Class A Holders which exercise their Equity Purchase Rights shall be made as provided in Section 5.6 hereof or as otherwise may be agreed by the Company and the exercising Class A Holder or Holders.
Under the terms of the Amended Plan, Reorganized Solutia is not required to make distributions of fractional shares of New Common Stock, Warrants, Equity Purchase Rights or Claim Purchase Rights.
For the avoidance of doubt, except as otherwise set forth in this Section 4.8 and subject to the exercise of Equity Purchase Rights pursuant to Section 12.1, dilution in respect of (i) Class A Units shall be borne among the Class A Members on a pro-rata basis based on the relative number of Class A Units held by such Class A Member and (ii) Class B Units shall be borne among the Class B Members on a pro-rata basis based on the relative number of Class B Units held by such Class B Member.
The Company does not own, beneficially or of record, directly or indirectly, any subsidiary or any shares of capital stock or any securities or other Equity Purchase Rights of any other Person, company or entity, including any interest in any partnership, joint venture or other enterprise.
For clarity, the Work Plans attached hereto as of the Effective Date were previously agreed upon by the Parties and governed by the Meloxicam Letter.
The Warrants, Equity Purchase Rights and Claim Transfer Rights are described in detail in Section VII.C hereof.
Pursuant to the Amended Plan, eligible Holders of Equity Interests will receive their Pro Rata share of: (a) 1% of New Common Stock; (b) Warrants; (c) Equity Purchase Rights; and/or (d) Claim Transfer Rights.
The Party having the Equity Purchase Rights shall have the right to acquire the Qualifying Equity Interests from the Selling Member on the same final terms and conditions as such Selling Member negotiated with the proposed transferee if, within thirty (30) days of the Selling Member’s notice, such Party delivers to the Equity ROFR Initiator a counter-notification that it accepts such terms and conditions without reservations or conditions.