Examples of First Refusal Allotment in a sentence
The Non-Selling Shareholder’s First Refusal Notice shall set forth the number of Offered Shares that such Non-Selling Shareholder wishes to purchase, which amount shall not exceed the First Refusal Allotment (as defined below) of such Non-Selling Shareholder.
A Non-Selling Shareholder shall not have a right to purchase any of the Offered Shares unless it exercises its right of first refusal within the Non-Selling Shareholder’s First Refusal Period to purchase all or any part of its First Refusal Allotment of the Offered Shares.
A Non-Selling Shareholder shall not have a right to purchase any of the Offered Shares unless it exercises its right of first refusal within the First Refusal Period to purchase up to all of its First Refusal Allotment of the Offered Shares.
A Non-Selling Shareholder shall not have a right to purchase any of the Offered Shares unless it exercises its right of first refusal within the Non-Selling Shareholder’s First Refusal Period to purchase up to all of its First Refusal Allotment of the Offered Shares.
IXC-LD shall have obtained the Waiver and Consent executed by each Non-Control Shareholder.
To the extent that any Preferred Holder does not exercise its right of first refusal to the full extent of its First Refusal Allotment, the Selling Shareholder and the exercising Preferred Holders shall, within five (5) days after the end of the First Refusal Period, make such adjustments to the First Refusal Allotment of each exercising Preferred Holder so that any remaining Offered Shares may be allocated to such exercising Preferred Holders on a pro rata basis.
A ROFR Shareholder shall not have a right to purchase any of ROFR Shareholder’ Overallotment Shares, unless it exercises its right of first refusal within the ROFR Shareholder First Refusal Period, to purchase up to all of its First Refusal Allotment of the Offered Shares.
To support this argument, VR–12 points to certain evidence in the record that, in its view, is inconsistent with TMR’s claim that the sponsorship agreement covered the entire 2011 racing season.
The Series Angel First Refusal Notice shall set forth the number of Series Angel Remaining Offered Shares that such Series Angel Preferred Shareholder wishes to purchase, which amount shall not exceed the First Refusal Allotment of such Series Angel Preferred Shareholder.
Each ROFR Participating Right Holder shall have five (5) Business Days from the date of the Second Exercise Notice (the “Second Exercise Period”) to notify the Company and the Selling Shareholder of its desire to purchase more than its First Refusal Allotment of the Offered Shares, stating the number of the additional Offered Shares it proposes to purchase (the “Additional ROFR Shares”).