Preemptive Share definition

Preemptive Share means, immediately prior to any issue of shares of New Securities, and as to each Series C Holder, the percentage which expresses the ratio between (i) the total number of shares of Common Stock issuable upon conversion of the Series C Stock owned by such Series C Holder, plus the total number of shares of Common Stock then owned by such Series C Holder that was received upon conversion of Series C Stock, and (ii) the total number of shares of Common Stock and Non-voting Common Stock then outstanding, plus the total number of shares of Common Stock and Non-voting Common Stock issuable upon conversion of the then outstanding Preferred Stock.

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Preemptive Share has the meaning set forth in Section 9.9(b).

Preemptive Share means (x) with respect to the Purchaser, the Purchaser Preemptive Share and (y) with respect to the General Partner, the General Partner Preemptive Share.

Examples of Preemptive Share in a sentence

If, at the time of the determination of any Preemptive Share Amount under this paragraph (c), any other Person has preemptive or other equity purchase rights similar to the Preemptive Rights, such Preemptive Share Amount shall be recalculated to take into account the number of Ordinary Shares such Persons have committed to purchase, rounding up such Preemptive Share Amount to the nearest whole Ordinary Share.
Each Note shall be held by the respective Noteholder or a custodian appointed by such Noteholder.
The Company hereby grants to Investor the right to purchase any or all of Investor’s Preemptive Share Percentage (as defined below) of all New Securities (as defined below) that the Company may, from time to time, propose to issue and sell at the cash price and on the terms on which the Company proposes to sell such New Securities.
Each Preferred Group shall have the right and option, for such period of ten (10) days after delivery to Preferred Shareholders of such Notice of Intention To Sell, to purchase all or any part of the New Securities so offered up to its Preemptive Share at the purchase price and on the terms stated therein.
If, at the time of the determination of any Preemptive Share Amount, any other Person has preemptive or other equity purchase rights similar to the Preemptive Rights, such Preemptive Share Amount shall be recalculated to take into account the amount of Equity Common Shares such Persons have committed to purchase, rounding up such Preemptive Share Amount to the nearest whole Equity Common Share.

More Definitions of Preemptive Share

Preemptive Share of Preemptive Securities shall be determined as follows: the total number of Preemptive Securities, multiplied by a fraction, (i) the numerator of which is the number of Common Membership Interests then held, directly or indirectly, by such Preemptive Holder, and (ii) the denominator of which is the number of Common Membership Interests then held by all Preemptive Holders (including such Preemptive Holder).

Preemptive Share means, immediately prior to any issue of shares of New Securities, and as to each Series A Holder, the percentage which expresses the ratio between (i) the total number of shares of New Securities issuable upon conversion of the Series A Stock owned by such Series A Holder plus the total number of shares of Common Stock then owned by

Preemptive Share means, immediately prior to any issue of shares of New Securities, and as to each Series KBL Holder, the percentage which expresses the ratio between (i) the total number of shares of New Securities issuable upon conversion of the Series KBL Stock owned by such Series KBL Holder plus the total number of shares of Common Stock then owned by such Series KBL Holder, and (ii) the total number of shares of Common Stock then outstanding (Common Stock not being deemed for such purposes to include warrants, options or other convertible instruments, which have not then been exercised or converted, as applicable), plus the total number of shares of Common Stock issuable upon conversion of the then outstanding Series KBL Stock.

Preemptive Share means, with respect to any Stockholder, a fraction, the numerator of which is the number of shares of Common Stock held by such Stockholder plus the number of shares of Common Stock issuable to such Stockholder on conversion, exchange or exercise of Common Equivalent Shares held by such Stockholder, and the denominator of which is the number of shares of Common Stock held by all other Stockholders and Other Preemptive Rights Holders plus the number of shares of Common Stock issuable to all such other Stockholders and Other Preemptive Rights Holders on conversion, exchange or exercise of Common Equivalent Shares held by them.

Preemptive Share shall equal (i) the number of shares of New Issue Securities multiplied by (ii) a fraction (A) the numerator of which is equal to the number of Fully Diluted Common Shares that would be owned by such Stockholder assuming the conversion, exercise or exchange of all Equity Interests of the Company owned by such Stockholder and (B) the denominator of which is equal to the Fully Diluted Common Shares.

Preemptive Share of Preemptive Securities shall be the product of (i) such Member’s Percentage Interest in the Company and (ii) the number of such Preemptive Securities.

Preemptive Share means, for each Class B Holder, the number of New Securities that results from multiplying (x) the total number of New Securities proposed to be issued by (y) a fraction, the numerator of which is the number of Class B Membership Interests held by such Class B Holder and the denominator of which is the number of Class B Membership Interests held by all Class B Holders. The Independent Managers of the Board of Managers shall (i) have the authority to interpret and effect this definition of Preemptive Share and the provisions of Section 12.5 and (ii) make such equitable adjustments to this definition as necessary to reflect any additional class of Members to whom preemptive rights are granted.