Examples of Offered Rights in a sentence
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).
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.
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 either (A) Company fails to give Owner notice of its desire to negotiate within the aforementioned ten (10) business day period or (B) Company and Owner fail to reach an agreement regarding the Offered Right(s) within thirty (30) days following the commencement of their negotiations with respect thereto, Owner shall have the right, subject to Section 10.3.2 below, to offer the Offered Right(s) to other parties.
It is also our opinion that Section 23B.06.240 of the Washington Business Corporation Act permits Washington corporations to enter into shareholder rights plans, such as the Rights Agreement, and to issue rights thereunder, such as the Offered Rights.
BNDESPAR has the Preemptive Right in the acquisition of the Offered Shares and Offered Rights, however, it is not subject to the Preemptive Right rules established above for the disposal of the Affected Shares and Subscription Rights it holds, which shall comply with the provision of item 8.20 below.
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.
In the case of the Subscription Right, the buyer of the Offered Rights shall undertake to adhere to this Agreement at the time of conversion of the bonds or securities into voting shares or of their subscription.
If Licensor does not enter into an agreement for the Offered Rights within such period, or if such agreement is not consummated within sixty (60) days of the execution thereof, the rights of Licensee provided hereunder shall be deemed to be revived and such Offered Rights shall not be offered and no transaction regarding the same consummated unless first reoffered to Licensee accordance herewith.
Company shall have the right, exercisable by written notice to Owner within twenty-one (21) 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).