Preemptive Right Notice definition

Preemptive Right Notice shall have the meaning specified in Section 5.1(a).
Sample 1Sample 2Sample 3
Preemptive Right Notice has the meaning set forth in Section 5.4(a).
Sample 1Sample 2
Preemptive Right Notice has the meaning set forth in Section 2(a).
Sample 1Sample 2

Examples of Preemptive Right Notice in a sentence

  • Within seven (7) Business Days following the receipt of the Preemptive Right Notice, the Investor may, by delivery of a written notice of acceptance to the Company (the “Acceptance Notice”), elect to purchase all, or any portion, of the Preemptive Right Shares that the Investor is entitled to purchase for the price indicated in the Preemptive Right Notice.

  • 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.

  • If the price specified in the Preemptive Right Notice is payable in whole or in part in property (including without limitation the securities of any other issuer) other than cash, then Lender shall pay cash in lieu of such property, at the fair market value of such property determined in good faith by Assignors and Lender.

  • If any Member fails to so respond in writing within the Preemptive Right Notice Period, then such Member shall forfeit the right hereunder to purchase its Preemptive Right Share of such New Securities.

  • 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 the Company does not receive a Notice of Acceptance within such 30 day period with respect to any New Issue Securities, such Preemptive Offeree shall be deemed to have waived its opportunity to purchase such New Issue Securities, and the Company shall be free to issue and sell such NewIssue Securities to any Person on the terms and conditions set forth in the Preemptive Right Notice, at any time within 90 days after the expiration of such 30 day period.

  • If any Member fails to so respond in writing within the Preemptive Right Notice Period, then such Member shall forfeit the right hereunder to purchase its Preemptive Right Share of such New Securities and the Company will allocate the rights to purchase such New Securities to any other Member that indicated it would purchase New Securities in excess of its Preemptive Right Share based on their relative Preemptive Right Shares.

  • Upon receipt of the completed application form as referred to above, ITEAA shall accede to such request.

  • As promptly as practicable, but in any event within ten business days, after the issuance of any shares of Common Stock that results in a reduction in the Ownership Percentage, the Company will notify Holding in writing (a "Preemptive Right Notice").

  • Each Preemptive Right Notice must specify (a) the date on which Viking proposes to commence such Private Offering, (b) the price, number and description of equity securities Viking proposes to issue and the other terms and conditions of such issuance, and (c) the number of equity securities the Investor is entitled to purchase in such Private Offering.


More Definitions of Preemptive Right Notice

Preemptive Right Notice is defined in Section 15.1.
Sample 1Sample 2
Preemptive Right Notice to the Preemptive Rights Members, which Preemptive Rights Notice shall contain the price at which the Interests will be offered and the other material terms of the offering and such Interests, no later than ten (10) Business Days prior to the expected consummation of such transaction or transactions. Each Preemptive Rights Member shall provide notice of its election to exercise its preemptive rights within five (5) Business Days after delivery of the Preemptive Right Notice from the Company (each Preemptive Rights Member electing to exercise its preemptive right in such instances is referred to as an “Electing Party”). The failure of a Preemptive Rights Member to respond to the Preemptive Right Notice and affirmatively exercise its preemptive right in accordance with the terms of this Agreement shall be deemed as an election of the Preemptive Rights Member not to exercise its preemptive right in connection with the proposed transaction. If a Preemptive Rights Member shall elect not to exercise its respective preemptive right or fails to timely exercise, the Electing Parties who timely exercise shall have the right to purchase the Interests (a “Subsequent Purchase”) as to which no such right was exercised (based on the ratio that the Class A Sharing Percentage of each Electing Party desiring to purchase the additional Interests bears to the sum of the Class A Sharing Percentages of all Electing Parties desiring to purchase the additional Interests) insofar as more than one such Electing Party desires to so purchase additional Interests. In the event of a situation described in the preceding sentence in which a Preemptive Rights Member does not exercise its preemptive right, the Company shall provide notice (the “Subsequent Notice”) of such fact within three (3) Business Days following expiration of the deadline for submission of notices concerning such elections from the parties possessing preemptive rights. Each Electing Party that desires to purchase the additional Interests shall respond to the Subsequent Notice by sending a response notice with respect thereto within three (3) Business Days after delivery of the Subsequent Notice. The failure of an Electing Party to respond to a Subsequent Notice and affirmatively exercise its preemptive right in accordance with the terms of this Agreement shall be deemed an election not to exercise its preemptive right in connection with the Subsequent Purchase. If the number of Interests proposed to be offered as desc...
Sample 1Sample 2
Preemptive Right Notice shall have the meaning set forth in (mm) “Preemptive Right Shares” shall have the meaning set forth in Section 6.2.
Sample 1
Preemptive Right Notice has the meaning set forth in Section 7.8(b) of the Agreement.
Sample 1
Preemptive Right Notice to Cottonmouth at least 10 Business Days in advance of the proposed sale of New Securities, stating (i) its bona fide intention to offer such New Securities, (ii) the number of such New Securities to be offered, and (iii) the price and terms, if any, upon which it proposes to offer such New Securities.
Sample 1
Preemptive Right Notice shall have the meaning set forth in Section 9.1(a).
Sample 1

Related to Preemptive Right Notice

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

  • Preemptive Rights has the meaning set forth in Section 14.1.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Purchase Option Notice As defined in Section 3.18(e).

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • ROFO Notice is defined in Section 6.2(a).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Call Rights As defined in Section 9.01(f).

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Co-Sale Notice has the meaning set forth in Section 4.3.

  • Issuance Notice means a written notice delivered to the Agent by the Company in accordance with this Agreement in the form attached hereto as Exhibit A that is executed by its Chief Executive Officer, President or Chief Financial Officer.

  • Drag-Along Notice has the meaning set forth in Section 3.03(b).

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Sale Notice has the meaning set forth in Section 9.18(b).

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Mandatory Purchase Notice means, in connection with the Mandatory Purchase of VRDP Shares, a notice substantially in the form attached to the VRDP Shares Purchase Agreement as Exhibit B, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with the VRDP Shares Purchase Agreement specifying a Mandatory Purchase Date.

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

  • Issuance Notice Date means any Trading Day during the Agency Period that an Issuance Notice is delivered pursuant to Section 3(b)(i).