Examples of Preemptive Rights Election Period in a sentence
Each Preemptive Rights Member shall have the right, during the Preemptive Rights Election Period, to elect to purchase any or all of its Proportionate Percentage of the New Securities at the purchase price and on the terms set stated in the Preemptive Offer Notice.
If, at the termination of the Preemptive Rights Election Period, the Stockholder has not exercised its rights under this Section 6.4 to purchase New Securities, the Stockholder shall be deemed to have waived any and all of its rights under this Section 6.4 solely with respect to such issuance and sale of New Securities and the Company may offer and sell such New Securities to any Person or Persons.
The failure of any Preemptive Rights Member to respond to the Preemptive Offer Notice during the Preemptive Rights Election Period shall be deemed a waiver of such Preemptive Rights Member’s Preemptive Rights with respect to the applicable Preemptive Offer Notice.
Notice by any Preemptive Rights Member of its acceptance, in whole or in part, of the offer set forth in a Preemptive Offer Notice (a “Notice of Preemptive Rights Acceptance”) shall be irrevocable upon delivery to the Company prior to the end of the Preemptive Rights Election Period, setting forth the number of New Securities such Preemptive Rights Member elects to purchase.
If, at the termination of the Preemptive Rights Election Period, Subscriber has not exercised its rights under this Section 9 to purchase New Securities, Subscriber shall be deemed to have waived any and all of its rights under this Section 9 with respect to such offering of New Securities.
We targeted townships in one of the poorest States in Myanmar, Kayah (Karenni) State.
If, at the termination of the Preemptive Rights Election Period, any Preemptive Right Holder has not exercised its rights under this Section 9.1 to purchase New Securities, such Preemptive Right Holder shall be deemed to have waived any and all of its rights under this Section 9.1 with respect to such offering of New Securities.
Each exercising Preemptive Right Holder shall have five (5) calendar days after the expiration of the Preemptive Rights Election Period to consummate the acquisition of such New Securities from the Members that bridged such offering.