Preemption Right definition
Preemption Right is the right that the Investors recorded in DECEVAL’s account entry registry have as owners of the Trust Securities, on any new Tranche’s Issuance Date, to preferentially subscribe the securities thereunder prorate to the number of Securities owned on such date with respect to the total number of securities outstanding on said date. This right can be exercised from the offer notice’s release. The Investors General Assembly may decide the Securities’ placement not to be subjected to Preemption Rights, in accordance with the terms provided herein.
Preemption Right is the Offerees’ right to acquire Offered Shares pursuant to Article
Preemption Right has the meaning ascribed to this term under Condition 3.2 (Transfer and Company's pre-emptive right).
More Definitions of Preemption Right
Preemption Right has the meaning set forth in Section 4.8(c).
Preemption Right means TPAO’s and Stratic’s right to acquire 26.75% of the working interest under the Exploration Licenses from the Assignor on the same terms and conditions disclosed in the Written Notification.
Preemption Right means the priority right of the Customer to reserve in advance the Preemption Equipment and Sites for the purposes of a new Advertising Campaign (under a new Contract) that would start after the expiry of the existing Contract.
Preemption Right means the right that those Investors appearing in DECEVAL’s records as owners of the Trust Securities on the Issuance Date of a new Tranche, shall have to preemptively subscribe the Securities of the new Tranche, in the same proportion of the number of Securities they own on such date with respect to the total number of Securities outstanding thereon. This right must be exercised in the terms established in the relevant offering notice. The Investors General Assembly may decide on the Securities’ placement without being subject to Preemption Rights, in accordance with the terms provided for in this Prospectus. "First Round" shall be, as applicable, the First Round Without Payment in Kind or the First Round with Payment in Kind. "Second Round" shall be, as applicable, the Second Round Without Payment in Kind or the Second Round with Payment in Kind. • Two: Clause 1. Definitions The following definitions are included in the Trust Agreement: