Examples of Preemptive Period in a sentence
In the event that any Pre-emptive Right Holder delivers a Pre-emptive Acceptance Notice during the Pre-emptive Period, then the closing of such issuance of Pre-emptive Securities shall take place within fifteen (15) Business Days after the later to occur of (A) the expiry of the Pre-emptive Period, and (B) the receipt of all regulatory approvals required for such issuance.
If, at the expiration date of the Pre-emptive Period, any Pre-emptive Right Holder has not exercised its Pre-emptive Right by giving an Pre-emptive Acceptance Notice to the Company, such holder shall be deemed to have waived all of its rights under this Section 5.16 with respect to, and only with respect to, the proposed issuance specified in such Issuance Notice.
For a period of 120 days after the expiry of the Pre-emptive Period (inclusive), the Company may sell any Pre-emptive Securities with respect to which the Pre-emptive Rights of Pre-emptive Right Holders under this Section 5.16 were not exercised, at the same price per share and upon terms and conditions not less favorable to the Company than those specified in the Issuance Notice.
For a period of 120 days after the expiry of the Pre-emptive Period (inclusive), the Company may sell any Pre- emptive Securities with respect to which the Pre-emptive Rights of Pre-emptive Right Holders under this Section 5.16 were not exercised, at the same price per share and upon terms and conditions not less favorable to the Company than those specified in the Issuance Notice.
For a period of 120 days after the expiry of the Pre-emptive Period (inclusive), the Company may sell any Pre-emptive Securities with respect to which the Pre- emptive Rights of Pre-emptive Right Holders under this Section 5.16 were not exercised, at the same price per share and upon terms and conditions not less favorable to the Company than those specified in the Issuance Notice.
Each Eligible Shareholder may accept the Preemptive Offer by delivering to the Company a written notice (the “Purchase Notice”) within the Preemptive Period.
If after the Preemptive Period expires, the Company proposes to offer New Securities to any Person on terms that differ from those set forth in the Preemptive Offer, the Company shall make a new Preemptive Offer setting forth such modified terms.
The Initial Subscribing Shareholders or the Company, as applicable, shall offer to sell such New Securities to each Other Eligible Shareholder within the Preemptive Period.
In the event that any Pre-emptive Right Holder delivers a Pre-emptive Acceptance Notice during the Pre-emptive Period, then the closing of the issuance of Pre-emptive Securities to such Pre-emptive Right Holder pursuant to the Pre-emptive Acceptance Notice shall take place within five (5) Business Days after the later to occur of (A) the expiry of the Pre-emptive Period and (B) the receipt of all regulatory approvals required for such issuance.
For a period of 120 days after the expiry of the Pre-emptive Period (inclusive), the Company may sell any Pre-emptive Securities with respect to which the Pre- emptive Rights of Pre-emptive Right Holders under this S ection 5.16 were not exercised, at the same price per share and upon terms and conditions not less favorable to the Company than those specified in the Issuance Notice.