Examples of Preemptive Interests in a sentence
Any purchase of Preemptive Interests by any Preemptive Purchaser pursuant to the this Section 2.3 shall be consummated on the closing date specified in the Issuance Notice (or, if other Persons are purchasing Unrestricted Additional Securities, the date on which such Unrestricted Additional Securities are first issued and sold to such other Persons).
GDI shall give the Preferred Holders written notice of GDI's intention to issue such Preemptive Interests (the "Issuance Notice"), describing the material terms of the Preemptive Interests, the price at which such Preemptive Interests will be issued or sold and the material terms upon which GDI proposes to issue or sell such Preemptive Interests, including the anticipated date of such issuance or sale.
If GDI proposes to issue any Preemptive Interests after such 90-day period or at a price or upon terms that are materially less favorable to GDI than those specified in the Issuance Notice, it must again comply with this Section 2.3.
Such Response Notice shall constitute the irrevocable agreement of such Preferred Holder (a "Preemptive Purchaser") to purchase all (but not less than all) of such Preemptive Purchaser's Pro Rata Share of the Preemptive Interests at the price and upon the terms stated in the Issuance Notice.
After the date hereof, in the event that GDI proposes to issue any Securities other than Permitted Securities (collectively, "Preemptive Interests"), GDI shall comply with the provisions of this Section 2.3.
Such Response Notice shall constitute the irrevocable agreement of such Purchaser (a "Preemptive Purchaser") to purchase all (but not less than all) of such Preemptive Purchaser's Pro Rata Share of the Preemptive Interests at the price and upon the terms stated in the Issuance Notice.
If any Insider Purchaser has elected to purchase its Preemptive Interest, the sale of such Preemptive Interest shall be consummated on the date of the sale of the remaining Offered Interest to the Purchaser(s), or within 90 days following such date if all of the Offered Interests are Preemptive Interests.
If the Company proposes to issue any Preemptive Interests after such 90-day period or at a price or upon terms that are materially less favorable to the Company than those specified in the Issuance Notice, it must again comply with this Section 5.10.
Any purchase of Preemptive Interests by any Preemptive Purchaser pursuant to the this Section 5.10 shall be consummated on the closing date specified in the Issuance Notice (or, if other Persons are purchasing Unrestricted Additional Securities, the date on which such Unrestricted Additional Securities are first issued and sold to such other Persons).
If the Company proposes to issue any Preemptive Interests after such 90-day period or at a price or upon terms that are materially less favorable to the Company than those specified in the Issuance Notice, it must again comply with this Section 2.3.