Participation Rights Notice definition

Participation Rights Notice shall have the meaning set forth in Section 6.1(b).
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Examples of Participation Rights Notice in a sentence

  • Each Member shall have ten (10) days from the receipt of such Participation Rights Notice to agree in writing to purchase such Member’s pro rata share of such New Securities for the price and upon the general terms specified in the Participation Rights Notice by giving written notice to the Company and stating therein the quantity of New Securities to be purchased.

  • In the event that the Members fail to exercise in full the participation right within such ten (10)-day period, then the Company shall have ninety (90) days thereafter to sell the New Securities with respect to which the Members’ participation rights hereunder were not exercised, at a price and upon general terms not materially more favorable to the purchasers thereof than specified in the Company’s Participation Rights Notice to the Members.

  • Each Eligible Person’s “Pro Rata Allotment” of such securities shall be based on the ratio which the number of shares of Common Stock owned (calculated in accordance with Section 1.3) by such Eligible Person bears to all of the shares of Common Stock owned by all of the Company’s stockholders (calculated in accordance with Section 1.3) as of the date of such Participation Rights Notice.

Related to Participation Rights Notice

  • Participation Notice has the meaning set forth in Section 4.2;

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • ROFO Notice is defined in Section 6.2(a).

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

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

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Class Notice means the COURT APPROVED NOTICE OF CLASS ACTION SETTLEMENT AND HEARING DATE FOR FINAL COURT APPROVAL, to be mailed to Class Members in English in the form, without material variation, attached as Exhibit A and incorporated by reference into this Agreement.

  • Sale Notice has the meaning set forth in Section 9.18(b).

  • Offeree means an individual to whom the Committee has offered the right to acquire Shares under the Plan (other than upon exercise of an Option).

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Call 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 payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Co-Sale Notice has the meaning set forth in Section 4.3.

  • ROFR Notice has the meaning set forth in Section 3.02(d).