Examples of Preemptive Offeree in a sentence
If a Preemptive Offeree elects to purchase Substitute Securities pursuant to this Section 7.2, the number of securities to be issued to such Preemptive Offeree, the purchase price therefor and the other material terms of the proposed Issuance shall be adjusted accordingly to preserve the economics of the securities.
Each Preemptive Offeree desiring to accept ------- the offer contained in the Preemption Notice shall send a written commitment to the Company specifying the amount of Subject Securities (not in any event to exceed the Preemptive Portion of the total amount of Subject Securities to be included in the Issuance) which such Preemptive Offeree desires to be issued within 20 days after the effectiveness of the Preemption Notice (each a "Participating Buyer").
Offeree's intention to accept a Preemptive Offer, in whole or in part, shall be evidenced by a writing signed by such party and delivered to the Company prior to the end of the 20 Business Day period of such Preemptive Offer (each, a "Notice of Acceptance"), setting forth the portion of the Offered Securities that the Preemptive Offeree elects to purchase.
The amount of the Preemptive Securities which may be purchased by each Preemptive Offeree hereunder shall be determined by multiplying (i) the total amount of Preemptive Securities being offered by (ii) the fraction obtained by dividing (x) the Percentage Interest of such Preemptive Offeree by (y) the aggregate amount of all Percentage Interests of all Preemptive Offerees.
Each Preemptive Offeree desiring to accept the offer contained in the Preemption Notice shall send a written commitment to the Company specifying the amount of Subject Securities (not in any event to exceed the Preemptive Portion of the total amount of Subject Securities to be included in the Issuance) which such Preemptive Offeree desires to be issued within 20 days after the effectiveness of the Preemption Notice (each a "Participating Buyer").
A Preemptive Offer by its terms shall remain open and irrevocable for a period of twenty (20) days from the date of delivery to each Preemptive Offeree.
A Preemptive Offer by its terms shall remain open and irrevocable for a period of thirty (30) days from the date of delivery to each Preemptive Offeree.
Each Preemptive Offeree may accept up to its Pro Rata Amount (based on the aggregate number of Shares of the Corporation outstanding at the time of the Offer and held by all Stockholders) of the Offer by delivering to the Corporation a notice (the “Purchase Notice”) within the First Offer Period.
Each Preemptive Offeree desiring to accept ------- the offer contained in the Preemption Notice shall send a written commitment to the Company within twenty days after the effectiveness of the Preemption Notice specifying the amount of Subject Securities (not in any event to exceed the Preemptive Portion of the total amount of Subject Securities to be included in the Issuance) which such Preemptive Offeree desires to be issued (each a "Participating ------------- Buyer").
Any notice by a Preemptive Offeree exercising its right to purchase Preemptive Securities pursuant to this Section 9.12 shall constitute an irrevocable commitment to purchase from the Partnership up to the amount of Preemptive Securities specified in such notice.