First Offering definition

First Offering means the first Offering under this Plan, starting on the date set by the Committee in its sole discretion.

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First Offering means the first underwritten public offering of Voting Securities for cash by Efficient for its own account following the date hereof.

First Offering means the first Offering under this Plan, starting on the date of the Company’s Initial Public Offering.

Examples of First Offering in a sentence

• For purposes of this paragraph 2, the First Offering will be deemed to commence on the date the rights relating thereto are distributed.

• The Company further agrees that it shall provide the Standby Purchasers with five trading days' advance notice of the record date for the distribution of rights in the First Offering.

• Further, this Right of First Offering shall not apply to transfers (but shall survive such transfers) of all or a portion of the Buildings or Project to (i) ▇▇▇▇ ▇.

• For the purposes of clarity, in the event of disposition of shares or Indirect holdings resulting from a previous burden, security, pledge or levy of execution, usufruct, fideicommissum or any other encumbrance, Successive Preference right, Tag Along and the Right of First Offering will be applicable on the terms of this agreement.

• Further, this Right of First Offering shall not apply to transfers (but shall survive such transfers) of all or a portion of the Building or Project to (i) ▇▇▇▇ ▇.

• The Interested Third Party which effectively acquires the Shares object of the First Offering will automatically assume all the rights and obligations of the Original Shareholder according to this Agreement, under the terms of Clause 7.5 above.

• This Right of First Offering shall automatically terminate (i) upon the expiration or sooner termination of the Lease, or (ii) in the event of a foreclosure or other involuntary transfer of Landlord's interest in the Building.

• In no event shall the Second Offering be commenced sooner than 20 trading days after the consummation of the First Offering.

• The Company agrees that it shall enter into a registration rights agreement with respect to the registration for resale under the Securities Act of 1933, as amended, of all of the Common Shares to be acquired by Gotham in the First Offering and/or the Second Offering, which registration rights agreement shall be upon such reasonable terms and conditions as the parties hereto shall reasonably agree.

• This Right of First Offering shall automatically terminate (i) upon the expiration or sooner termination of the Lease, or (ii) in the event of a foreclosure or other involuntary transfer of Landlord's interest in the Buildings.