Pre-Emptive Right definition

Pre-Emptive Right means the right of Altria to purchase the Pre-emptive Right Securities from the Company in accordance with Article 3.

Pre-Emptive Right means the right of CBG to purchase the Pre-Emptive Right Securities from the Company in accordance with Article 3.

Pre-Emptive Right has the meaning set out in Section 2.1;

Examples of Pre-Emptive Right in a sentence

• CBG shall not have any rights whatsoever as a holder of any of the Pre-Emptive Right Securities (including any right to receive dividends or other distributions therefrom or thereon) until CBG shall have acquired the Pre-Emptive Right Securities.

• If the Company does not receive an Exercise Notice in respect of a Triggering Event Notice within the applicable period set out above, CBG and GCILP shall be deemed to have not exercised the Pre-Emptive Right in respect of the Triggering Event to which such Triggering Event Notice relates and the Pre-Emptive Right shall be deemed to have expired in respect of such Triggering Event.

• Nothing herein contained or done pursuant hereto shall obligate CBG to purchase or pay for, or shall obligate the Company to issue, the Pre-Emptive Right Securities except upon the exercise by CBG of the Pre-Emptive Right in accordance with the provisions of this Article 3 and compliance with all other conditions precedent to such issue and purchase contained in this Article 3.

• For the avoidance of doubt, the Pro Rata Percentage is to be reduced only by voluntary sales of Securities by GF Canco (or other members of the GF Group) or as a result of GF Canco failing to exercise its Pre-Emptive Right when available to be exercised in respect of any Equity Financing.

• Each Triggering Event Notice shall include the number of Pre-Emptive Right Securities which CBG and/or GCILP shall be entitled to purchase as a result of the applicable Triggering Event, a calculation demonstrating how such number was determined, the Triggering Event Price and the anticipated Triggering Event Closing Date and the terms and conditions of the Pre-Emptive Right Securities, if other than Common Shares.

More Definitions of Pre-Emptive Right

Pre-Emptive Right has the meaning ascribed thereto in Section 3.1.

Pre-Emptive Right has the meaning specified in Section 2.7(1) of this Amendment.

Pre-Emptive Right has the meaning set forth in Section 6.12(a) of this Agreement;

Pre-Emptive Right has the meaning ascribed to such term in Section 5.1(1). "Pre-Emptive Right Subscription Notice" has the meaning ascribed to such term in Section 5.1(3).

Pre-Emptive Right has the meaning set out in Section 4.3(a).

Pre-Emptive Right has the meaning specified therefor in Section 3.1 of this Agreement.

Pre-Emptive Right shall have the meaning specified in Article 8.1.1;