Refusal Right definition

Refusal Right means the right of the Investor to decline to purchase Common Shares in connection with an Equity Drawdown Notice on one or more occasions if the Exchange refuses to accept or approve any subscription to or issuance of any Common Shares pursuant to this Agreement for any reason whatsoever, including in respect of the Purchase Price;

Refusal Right is defined in clause 8.l;

Refusal Right shall refer to the right of first refusal being granted to Tenant during the Lease Term pursuant to the provisions of Paragraph 2 below.

Examples of Refusal Right in a sentence

• However, the Market Stand-Off shall continue to remain in full force and effect following the lapse of the First Refusal Right.

• In addition, Purchased Shares which are released from the Repurchase Right shall not be transferred, assigned, encumbered or otherwise disposed of in contravention of the First Refusal Right or the Market Stand-Off.

• To exercise its Secondary Refusal Right, an Investor must deliver an Investor Notice to the selling Key Holder and the Company within ten (10) days after the Company’s deadline for its delivery of the Secondary Notice as provided in the preceding sentence.

• The Corporation may assign the Repurchase Right and/or the First Refusal Right to any person or entity selected by the Board, including (without limitation) one or more stockholders of the Corporation.

• Each person (other than the Corporation) to whom the Purchased Shares are transferred by means of a Permitted Transfer must, as a condition precedent to the validity of such transfer, acknowledge in writing to the Corporation that such person is bound by the provisions of this Agreement and that the transferred shares are subject to (i) the Repurchase Right, (ii) the First Refusal Right and (iii) the Market Stand-Off, to the same extent such shares would be so subject if retained by Optionee.

More Definitions of Refusal Right

Refusal Right means any right of first refusal, right of first offer or similar right

Refusal Right means the right of first refusal to purchase all or a part of the Premises being granted to Tenant pursuant to the provisions of Paragraph 2 below.

Refusal Right means any right of first refusal, right of first offer or similar right or privilege, whether conferred upon the holder thereof by contract, organic document of a business entity, law, equity or otherwise.

Refusal Right means any right of first refusal, right of first offer or similar rightor privilege, whether conferred upon the holder thereof by contract, organic document of a business entity, law, equity or otherwise.

Refusal Right means the right, but not an obligation, of each Secondary Transferee to purchase some or all of the Transfer Shares not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Notice; Second Tranche Closing has the meaning ascribed thereto in the Investment Agreement;

Refusal Right. As used below, the term "IPO" refers to a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933, as amended, covering the offer and sale of common stock for the account of SecurityVillage. A "Qualifying IPO" refers to an IPO or private placement with an aggregate price paid for shares of common stock offered and sold for the account of SecurityVillage of not less than $35 million at a price per share that reflects a valuation of the combined SecurityVillage and SAI entity of at least $400 million prior to SecurityVillage's receipt of the purchase price for the shares offered and accepted in the IPO or private placement.

Refusal Right shall refer to the right of first refusal being granted to Tenant pursuant to the provisions of this Exhibit G.