Preemptive Right definition

Preemptive Right has the meaning set forth in Section 9.6(a).

Preemptive Right has the meaning set forth in Section 5.1 hereof.

Preemptive Right has the meaning assigned in Section 3.8(a).

Examples of Preemptive Right in a sentence

• Each Preemptive Right Participant shall have ten (10) days from the date of receipt of the Second Participation Notice to notify the Company of its desire to purchase more than its Participation Pro Rata Share of the New Securities, stating the number of the additional New Securities it proposes to buy.

• Upon the Company’s issuance of any Preemptive Right Shares, such Preemptive Right Shares shall be validly issued, fully paid and nonassessable, duly authorized by all necessary corporate action of the Company.

• Subject to obtaining the requisite authorization, approval or consent of any Governmental Body, the closing of any purchase by any Member pursuant to this Section 7.1 shall be consummated concurrently with the consummation of the issuance or sale described in the Preemptive Right Participation Notice.

• The Company hereby grants to each Member the right to purchase such Member’s Preemptive Right Share of all (or any part) of any New Securities that the Company may from time to time issue after the date of this Agreement (the “Preemptive Right”).

• Each Preemptive Right Participant shall be obligated to buy such number of New Securities as determined by the Company pursuant to this Section 3.2(b) (Second Participation Notice; Oversubscription).

More Definitions of Preemptive Right

Preemptive Right shall have the meaning ascribed to it in Section 4.2.

Preemptive Right means any expansion, extension, purchase, or renewal option; right of first refusal or first offer; or other preemptive right this Lease gives Tenant.

Preemptive Right shall have the meaning set forth in Section 7.2.

Preemptive Right shall have the meaning assigned to such term in Section 7.1.

Preemptive Right means a right of a stockholder to preempt or to purchase before others a new issue of shares in proportion to one's present interest in the Company.

Preemptive Right means the right guaranteed in the Agreement to the other Parties by any Party wishing to sell, assign, transfer, grant to the capital of another company, transmit or, in any way, sell or dispose of part or all of its Affected Shares or any subscription rights resulting thereof, always taking into account the particularities set forth in this Agreement;

Preemptive Right means the right that a Shareholder is granted by the other under this AG Agreement to sell, assign, transfer, contribute to the capital of other company, convey or otherwise dispose of its Affected Shares or any Subscription Rights attached therein, always subject to the specific conditions provided for in this Agreement;