Examples of Offered Rights in a sentence
The Offer Terms must relate exclusively to the Offered Rights and not to any other assets or rights.
If Jazz fails to request such a negotiation during the Request Period, or the Parties fail to execute an agreement or amendment governing the Offered Rights during the Negotiation Period, then Zymeworks shall have no further obligation, and Jazz shall have no further rights, under this Section 2.8.
The law covered in paragraphs 3, 4, 5, 6, 7 and 8 of this opinion as to the enforceability of the Offered Debt Securities, the Offered Warrants, the Offered Depository Shares, the Offered Rights, the Offered Purchase Contracts and the Offered Units is limited to the present law of the State of New York.
Should SDIR not exercise its matching right over any of the Offered Rights, Rangers may enter into an agreement with that third party on the Material Terms set out in the Notice of Offer.
Company shall have the right, exercisable by written notice to Owner within ten (10) business days following Company's actual receipt of the Notice, to advise Owner as to whether Company wishes to negotiate regarding the Offered Right(s).
If Company notifies Owner in writing that it wishes to so negotiate, Owner and Company shall negotiate in good faith regarding such Offered Right(s).
In holding that this right applied not only to the first occasion on which SDIR matched (non-exclusive) Offered Rights but also to all subsequent offers from third parties in respect of the same Offered Rights within the matching right period, he acknowledged that SDIR had thereby secured itself a “very beneficial right to match offers made by third parties”.
Sir Ross Cranston held in his March 2018 Judgment that, once it is established that a third party has made an offer in relation to one of the Offered Rights, the other terms offered by that Third Party in connection with its offer are connected commercial arrangements and must be offered separately to SDIR.
In other words, it is possible that the consideration paid for the various rights could involve (whether deliberately or not) a cross-subsidy, such that part of the consideration nominally offered for the Offered Rights was in fact paid in respect of collateral rights, thus making the Offered Rights taken alone more expensive.
We and you will sign documents, including deeds, affidavits, transfers and assignments, and any other documents necessary or appropriate for the sale or transfer of the Offered Rights.