Preemptive Rights Period definition

Preemptive Rights Period shall have the meaning set forth in Section 5.3.
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Preemptive Rights Period has the meaning set forth in Section 3.4(a).
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Preemptive Rights Period means (i) with respect to the Sponsors, the period from the Closing Date until the earlier of the consummation of an IPO and the consummation of a Change of Control, (ii) with respect to the Preemptive Rights Other Shareholders (other than any Preemptive Rights Employee Shareholder subject to clause (iii) below), the period from the Closing Date until the earlier of the consummation of an IPO and the consummation of a Change of Control; provided, however, with respect to clause (ii), that subject to Section 5.18 and solely with respect to the Initial Co-Invest Shareholders and their respective Affiliates and Permitted Transferees, in the event that the consummation of a Change of Control precedes the consummation of an IPO and the Sponsors maintain preemptive rights with respect to the securities that they hold following such Change of Control, the Preemptive Rights Period shall continue until the earlier of (x) the consummation of an IPO or (y) the date on which the Sponsors no longer have such preemptive rights and (iii) with respect to Preemptive Rights Employee Shareholders, any period as may be agreed in writing between the Company and such Preemptive Rights Employee Shareholder and that has been approved by the Board (for the avoidance of doubt, it is understood that clause (ii) above shall apply to any Preemptive Rights Employee Shareholder who is not a party to any such written agreement).
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Examples of Preemptive Rights Period in a sentence

  • At any time within fifteen (15) Business Days after receipt of the Pre-emptive Rights Notice (the Pre-emptive Rights Period) Investor may accept the offer made to it in the Pre-emptive Rights Notice, by furnishing notice of acceptance thereof to the Company (the Pre-emptive Rights Acceptance Notice).

  • Any Dilutive Securities that are offered in a Preemptive Rights Offer but are not accepted by Preemptive Rights Stockholders during the Preemptive Rights Period may be sold by the Company at any time prior to the 90th day following the expiration of the Preemptive Rights Period on the same terms and conditions as are set forth in the applicable Company Sale Notice.

  • Immediately upon the expiration of the Preemptive Rights Period, the Company shall be free for a period of 120 days thereafter to issue any New Securities not purchased by the Preferred Holders pursuant to the Right Offer (the “Unpurchased New Securities”).

  • Failure by Investor to provide a Pre-emptive Rights Acceptance Notice within the Pre-emptive Rights Period shall be deemed to constitute an election by Investor not to exercise its Pre-emptive Rights.

  • This would have had the advantage of on-the-spot support from the Concern field offices to the networks (assuming Concern personnel had the time and capacity to provide such support).

  • The closing at which any New Securities purchased pursuant to a Right Offer shall be transferred to a Preemptive Rights Holder shall be held within 30 days of the expiration of the Preemptive Rights Period.

  • On the 1st business day after the expiration of the Preemptive Rights Period, the Agent shall give notice (the "Reoffer Notice") to Accepting Shareholders of the amount of Reoffered Securities available for purchase.

  • The exercise of the preemptive rights in relation to the shares held under B3 custody shall observe the terms and operational procedures stipulated by B3.Subject to the procedures established by Itaú Unibanco S.A. (“Itaú”), the financial institution in charge of the Company’s shares bookkeeping and B3, the preemptive rights may be exercised from the commencement of the Preemptive Rights Period by shareholders, or by assignees of preemptive rights.

  • Any Member who does not deliver an Exercise Notice within the Preemptive Rights Period shall be deemed to have waived its Preemptive Right with respect to such New Membership Interests.

  • Each Major Investor shall have ninety (90) days (the “Preemptive Rights Period”) from the giving of such notice to agree to purchase its pro rata share of the Equity Securities for the price and upon the terms and conditions specified in the notice by giving written notice to the Company and stating therein the quantity of Equity Securities to be purchased; provided that the Preemptive Rights Period shall be reduced to thirty (30) days commencing on and after March 31, 2018.


More Definitions of Preemptive Rights Period

Preemptive Rights Period has the meaning specified in Section 9.9(a).
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Preemptive Rights Period has the meaning set forth in Section 3.5(a).
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Preemptive Rights Period means the period commencing on the date of the delivery to each holder of Series C and Series E Preferred Stock of an offer to purchase the Preferred Shares and ending on the twentieth (20th) day thereafter.
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Related to Preemptive Rights Period

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

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

  • Rights Period has the meaning ascribed thereto in subsection 2.12(2);

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

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

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

  • 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.

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

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

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

  • 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.

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

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

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

  • 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.

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Exchange Right has the meaning set forth in Section 2.1 hereof.

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

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Lock-Up Shares has the meaning set forth in Section 4.1.

  • Purchase Option Period As defined in Section 9.03(a) hereof.