First Refusal Allotment definition

First Refusal Allotment of a Preferred Holder has the meaning set forth in Section 4.2(a).
First Refusal Allotment. Section 4.1(c)(i)
First Refusal Allotment shall have the meaning ascribed to it in Section 4.3(a).

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”).


More Definitions of First Refusal Allotment

First Refusal Allotment has the meaning set forth in Section 3(c)(i).
First Refusal Allotment has the meaning ascribed thereto in Section 7.2(a).
First Refusal Allotment has the meaning set forth in Section 6.3(a) hereof.
First Refusal Allotment has the meaning ascribed to it in Section 4.2(a) of this Agreement.

Related to First Refusal Allotment

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

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • 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.

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Renewal Option has the meaning set forth in §12.1.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • 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.

  • Right of First Refusal Agreement means the Second Amended and Restated Right of First Refusal and Co-Sale Agreement of even date herewith by and among the Company, the Investors and certain other parties named therein.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • First Offer Period has the meaning set forth in Section 13.5.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering;

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Allotment means the distribution of job credits based upon need as determined by the community colleges.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

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

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Option Period means the period during which an Option may be exercised.

  • Second Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.