Examples of Preferred Shares Investors in a sentence
Only if any of Main Access’s Pro Rata Shares and/or Shares under the Over-allotment Rights remains available after Main Access exercises its (a) and/or (b) options above, Preferred Shares Investors can exercise its Over-allotment Rights to purchase such Main Access’s Pro Rata Shares and/or Shares in Section 2.2(ii).
The Preferred Shares Investors who or which have agreed to purchase their Equity Percentage of the Offered Securities shall have the right to purchase the portion not purchased by such other Preferred Shares Investors (the "Excess Securities"), in amounts based on the relative stock ownership in the Corporation of each purchasing Preferred Shares Investor, by giving written notice within ten (10) days after receipt of the Excess Securities Notice from the Corporation.
Except with the written consent of the Majority Investors, the Company covenants that it will cause all future holders of more than one percent (1%) of the Company’s Ordinary Shares and all future holders of Equity Securities convertible, exchangeable or exercisable for more than one percent (1%) of the Company’s Ordinary Shares (other than, in any case, the Preferred Shares Investors) to enter into this Agreement and become subject to the terms and conditions hereof as a Principal.
The undersigned acknowledge that (i) before entering into this Agreement they have had the opportunity to consult with an attorney and tax advisor of their choice and are not relying on any counsel or advisor of the Preferred Shares Investors, (ii) no promises or representations have been made to any of them by any Person to induce them to enter into this Agreement other than the express terms set forth herein, and (iii) each of them has read this Agreement and understands all of its terms.
All Shares held or acquired by any Affiliates shall be aggregated together for the purpose of determining the availability of any rights of the Preferred Shares Investors under this Agreement.
The Preferred Shares Investors’ rights as set forth in this Agreement shall terminate when the Preferred Shares Investors no longer holds any Preferred Shares.
The Excess Securities Notice shall be given once by the Corporation with respect to all Preferred Shares Investors promptly after it learns of the intention of one or more Preferred Shares Investors not to purchase all of its or their Equity Percentage of the Offered Securities, but in no event later than ten (10) days after the expiration of the 30-Day Period.
Absence of Management Rights - In assessing the risks and rewards of an investment in Preferred Shares, Investors should appreciate they are relying solely on the good faith, judgment and ability of the directors, officers and employees of the Corporation and the Managers to make appropriate decisions with respect to the management of the Corporation, and that they will be bound by the decisions of the Corporation’s and the Managers’ directors, officers and employees.