Preemptive Rights Offeree definition

Preemptive Rights Offeree shall have the meaning set forth in Section 3.
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Preemptive Rights Offeree has the meaning set forth in Section 2.7(a).
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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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Examples of Preemptive Rights Offeree in a sentence

  • The Corporation shall deliver a notice (the “ Preemptive Rights Notice”) to each Preemptive Rights Offeree stating (i) its bona fide intention to offer such Securities, (ii) the number of such Securities to be offered, and (iii) the price and terms, if any, upon which it proposes to offer such 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.

  • 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.

  • 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.

  • Such election shall be made by delivering written notice to the Company of such election (the "Notice of Preemptive Election") specifying either (a) the number of Ordinary Shares that it elects to purchase in an amount up to, but not exceeding, its pro rata portion or (b) that such Preemptive Rights Offeree wishes to purchase its pro rata share of such New Securities as calculated above.

  • 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.

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

  • In the event that the Company proposes to issue or sell any New Securities (as defined below) to Apollo LP or any of its Affiliates (other than GNC LLC), it shall, no later than ten (10) days prior to the consummation of such transaction, give notice in writing (the "New Securities Notice") to each Institutional Co-Investor (each, a "Preemptive Rights Offeree") of such proposed issuance of New Securities.

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

  • Prior to the earlier of the Company IPO or the Parent IPO, in the event that the Company proposes to issue or sell any New Securities, it shall, no later than 30 days prior to the consummation of such transaction, give notice in writing (the "New Securities Notice") to each of the Qualified EDS Shareholders (each, a "Preemptive Rights Offeree") of such proposed issuance of New Securities.


More Definitions of Preemptive Rights Offeree

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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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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Related to Preemptive Rights Offeree

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

  • Preemptive Rights has the meaning given such term in Section 6.04(a).

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

  • 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 Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • 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.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • 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 forth in Section 5.2(a).

  • 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 subscription rights to purchase Rights Offering Shares.