Preemptive Rights Offer Notice definition

Preemptive Rights Offer Notice has the meaning set forth in Section 3.

Preemptive Rights Offer Notice shall have the meaning set forth in Section 6.1.

Preemptive Rights Offer Notice has the meaning set forth in Section 2.1(b).

Examples of Preemptive Rights Offer Notice in a sentence

• If the Company does not receive, within three (3) business days from the date of the Pre-Notice, a written notice from such Preemptive Rights Holder stating that he, she or it does not wish to receive material non-public information relating to the Company, then the Company shall send a Preemptive Rights Offer Notice to such Preemptive Rights Holder and such Preemptive Rights Holder shall not have the rights set forth in this paragraph.

• Notwithstanding anything to contrary herein, before the Company sends a Preemptive Rights Offer Notice to a Preemptive Rights Holder, the Company shall send written notification to such Preemptive Rights Holder that the Company intends to send a Preemptive Rights Offer Notice to such Preemptive Rights Holder (such notice, the “Pre-Notice”).

• The Preemptive Rights Offer Notice shall be delivered at least fifteen (15) days prior to the relevant issuance or sale.

• Notwithstanding any of the foregoing, following any Preemptive Rights Offer Notice, the Company may immediately issue, prior to the expiration of the time periods above, the Company Offered Securities whenever it determines that it would be to the advantage of the Company for it to issue such Company Offered Securities (an “Accelerated Issuance”).

• The Preemptive Rights Offer Notice shall describe the terms of the proposed transaction, identify the proposed purchaser(s), and contain an offer (the “Preemptive Rights Offer”) to sell Company Offered Securities to such Holder, at the same price, on the same terms and for the same consideration to be paid by the proposed purchaser(s) as set forth in this Section 3.

More Definitions of Preemptive Rights Offer Notice

Preemptive Rights Offer Notice to each Member, stating the amount of additional capital to be raised, the use therefor, the then enterprise value of the Company, the number of New Units offered and the purchase price per New Unit. By written notice to the Company within thirty (30) Business Days after the Preemptive Rights Offer Notice is given (“Acceptance Period”), each Member may elect to purchase, at the price and on the terms specified in the Preemptive Rights Offer Notice, up to that portion of New Units which equals such Member’s Percentage Interest in the Company. At the expiration of the Acceptance Period, the Company shall promptly notify, in writing, each Member that elects to purchase all the New Units available to such Member (“Fully Exercising Member”) of any other Member’s failure to do likewise. During the ten (10) day period commencing after the Company has given such notice, each Fully Exercising Member may, by giving written notice to the Company, elect to purchase, in addition to the number of New Units specified above, up to all of the New Units not subscribed for by any other Members. The closing of any purchase pursuant to this Section 4.02 shall occur within sixty (60) days of the date the Preemptive Rights Offer Notice is given. The provisions of this Section 4.02(a) may be waived by the vote or written consent of the Members representing a majority of the Series A Units and the Members representing a majority of the Series B Units.

Preemptive Rights Offer Notice has the meaning set forth in Section 14(b) hereof.

Preemptive Rights Offer Notice shall have the meaning set forth in Section 4.1 hereof. -----------

Preemptive Rights Offer Notice to the other Members (each such Member, an “Eligible Purchaser”). The Preemptive Rights Offer Notice shall specify the percentage of Equity Interests the Segment Subsidiary proposes to issue (the “New Interests”), the price per unit and all other material terms and conditions of such proposed issuance known as of the date of the Preemptive Rights Offer Notice.

Preemptive Rights Offer Notice has the meaning set forth in Section 10.4(b).

Preemptive Rights Offer Notice is defined in Section 5.2.

Preemptive Rights Offer Notice has the meaning given it in Section 8.2(b). “Pro Rata Offered Units” has the meaning given it in Section 8.1(b).