Preemptive Rights Offeree definition

Preemptive Rights Offeree shall have the meaning set forth in Section 3.
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Preemptive Rights Offeree means each of the Investor Members and any transferee of any of the Investor Members, in each case, so long as such Person, together with its Affiliates, (i) continues to hold at least five percent (5%) of the outstanding Common Units and
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Preemptive Rights Offeree has the meaning set forth in Section 2.7(a).
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Examples of Preemptive Rights Offeree in a sentence

  • Following receipt of such notice, each Preemptive Rights Offeree shall have ten (10) days during which it may elect to purchase a pro rata portion of the New Securities determined by dividing the number of shares of Common Stock held by such Preemptive Rights Offeree by the aggregate number of shares of Common Stock of the Company outstanding immediately prior to the proposed issuance of New Securities, calculated on a fully diluted, as converted basis.

  • A Preemptive Rights Offeree who fails to give such Notice of Election shall have no further pre-emptive rights to which the New Securities Notice is related.

  • The New Securities Notice shall describe the proposed issuance of New Securities (including the amount and price of such New Securities), identify the proposed purchaser(s), and contain an offer (the "Preemptive Rights Offer") to sell to each Preemptive Rights Offeree, at the same price and for the same consideration to be paid by the proposed purchaser(s), all or part of such Preemptive Rights Offeree's pro rata portion of the New Securities.

  • The New Securities Notice shall describe the proposed issuance of New Securities (including the amount and price of such New Securities), identify the proposed purchaser(s), and contain an offer (the “Preemptive Rights Offer”) to sell to each Preemptive Rights Offeree, at the same price and for the same consideration to be paid by the proposed purchaser(s), all or part of such Preemptive Rights Offeree’s pro rata portion of the New Securities.

  • In the event that the Company proposes to issue or sell any New Securities (as defined below), it shall, no later than fifteen (15) days prior to the consummation of such transaction, give notice in writing (the "New Securities Notice") to the GEI Investors, the Designated Shareholders and the Investcorp Investors (each a "Preemptive Rights Offeree") of such proposed issuance of New Securities.

  • Table of Contents Introduction 3 Gathering Insights 5 Categorising Social Impacts of Circularity 6 Exploring Social Impact Themes 8Continuing the Discussion 15Contributions 19Resources 20Introduction In the last several years, the concept of the circular economy – which aims to create loops of resource use instead of linear chains of production and consumption - has moved to the forefront of many government policies and corporate strategies.

  • In the event that, following delivery of an Issuance Notice under this Section 9.01, any Preemptive Rights Offeree elects to purchase less than all of its respective Initial Pro Rata Offered Units Amount during the initial twenty (20) Business Day period following delivery of such Issuance Notice (the “Exercise Period”), then the Refused Units shall be allocated and issued in accordance with Section 9.01(d).

  • A Preemptive Rights Offeree who fails to give such Notice of Preemptive Election shall have no further pre-emptive rights to which the New Securities Notice is related and the Company may offer and sell such New Securities as it desires.

  • Not fewer than 10 business days prior to the consummation of any Issuance, a notice (the "Preemptive Rights Offer Notice") shall be furnished by the Company to each Stockholder who, collectively with its Affiliates, owns an aggregate of at least 1% of the outstanding Common Stock (each such Stockholder, a "Preemptive Rights Offeree").

  • The New Securities Notice shall describe the proposed issuance of New Securities (including the amount and price of such New Securities), identify the proposed purchaser(s), and contain an offer (the "Preemptive Rights Offer") to sell to each Preemptive Rights Offeree, at the same price and for the same consideration to be paid by the proposed purchaser(s), all or part of such Preemptive Rights Offeree's pro rata portion (as determined by the next sentence) of the New Securities.


More Definitions of Preemptive Rights Offeree

Preemptive Rights Offeree means each of the Fernweh Members, the Aztec Members, the Management Members and any Permitted Transferee of any of the foregoing so long as such Person (i) continues to hold outstanding Units and (ii) is an “accredited investor” (as defined in Rule 501(a) under the Securities Act).
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Preemptive Rights Offeree is replaced with “Participating Preemptive Rights Offeree”) by accepting the offer within fifteen (15) Business Days after receiving the offer to purchase such Refused Units from the Company.
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Preemptive Rights Offeree is defined in Section 5.2.
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Related to Preemptive Rights Offeree

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

  • Preemptive Rights is defined in Section 4.8(b).

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

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

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

  • New Securities means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.

  • Rights Offering has the meaning set forth in Section 4.1(b);

  • 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.

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

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

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

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  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Shareholder-Initiated Transfer Redemption means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract out of a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollments such as transfers of assets within a Contract out of a Fund as a result of annuity payouts, loans, systematic withdrawal programs, insurance company approved asset allocation programs and automatic rebalancing programs; (ii) as a result of any deduction of charges or fees under a Contract; (iii) within a Contract out of a Fund as a result of scheduled withdrawals or surrenders from a Contract; or (iv) as a result of payment of a death benefit from a Contract.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Subscription Rights means the right to participate in the Rights Offering.