Examples of Preemptive Offeree in a sentence
Upon the closing of any such purchase of New Issue Securities, which shall include full payment to the Company of the purchase price therefor, which shall not be less than the par value of such New Issue Securities, the Preemptive Offeree shall subscribe for, and the Company shall allot and issue to such Preemptive Offeree, the number of New Issue Securities specified in the Preemptive Offeree’s Notice of Acceptance, upon the terms and conditions specified in the Preemptive Right Notice.
Within 30 days after receipt of the Preemptive Right Notice, the Preemptive Offeree shall give notice to the Company of its intent to accept (a “Notice of Acceptance”) the Company’s offer to purchase its Proportionate Percentage or lesser amount of New Issue Securities, which communication shall be delivered to the Company in writing.
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.
If this approval is attained, customer audits should exclude the quality management system of the supplier.
The purchase by a Preemptive Offeree of any Offered Securities is subject in all cases to the execution and delivery by the Company and the Preemptive Offeree of a purchase agreement relating to such Offered Securities in customary form and in form and substance similar in all material respects to the extent applicable to that executed and delivered between the Company and the Other Buyers or the other Preemptive Offerees.
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.
Each Preemptive Offeree shall, within ten (10) Business Days from receipt of the Issuance Notice, send irrevocable written notice (an “Election Notice”) to the Company indicating whether it has elected to purchase New Securities and, if so, the number of New Securities it intends to purchase.
Promptly after such purchase, the Bear Group shall or shall cause the applicable purchaser to offer (an "Offer to Resell") to each Preemptive Offeree the number of such Offered Securities that such Preemptive Offerees would otherwise be entitled to purchase pursuant to Section 2(e)(i), at the same price paid by such purchaser and on the same terms and conditions.
If the formal dispute is related to living conditions or the physical condition of the premises, the HSC must conduct an inspection within seven business days of receiving a completed request form for Dispute Resolution Process.
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.