Rescission Rights definition

Rescission Rights means the rights of prospective investors who have submitted an executed Purchase Application and transferred subscription funds to the Escrow Account to rescind their offers to purchase Securities during the Rescission Period.

Examples of Rescission Rights in a sentence

  • County State Notice of Rescission Rights (Option to Cancel) If the Buyer signs here, the notice of rescission rights on page of is applicable to this contract.

  • County State Notice of Rescission Rights If the Buyer signs here, the notice of rescission rights on the reverse side is applicable to this contract.

  • In the event the Company fails to exercise its Rescission Rights as to the installment of the Purchase Note due on September 30, 2016, the Company will have the option to purchase 13,333,333 Common Units owned by the Purchaser for $0.30 per Common Unit.

  • In the event the Company fails to exercise its Rescission Rights as to the installment of the Purchase Note due on December 31, 2016, the Company will have the option to purchase 13,333,333 Common Units owned by the Purchaser for $0.30 per Common Unit.

  • DEPOSITS 452.1 General Information 452.2 Allocation of Deposits 452.3 Rescission Rights 463.

  • Requiring Consumers to File Court Actions to Timely Exercise TILA Rescission Rights Would Improperly Dilute the Deterrent Purpose of TILA’s Rescission Remedy.Limiting TILA rescission rights to accommodate lender concerns about the financial burdens of consumer rescission is also inappropriate for another fundamental reason.

  • In the event the Company exercises its Rescission Rights as to any installment of the Purchase Note, the Purchaser shall surrender for cancellation certificates for the appropriate number of Common Units, and execute such documents that the Company may reasonably request to effectuate the cancellation of the appropriate number of Common Uxxxx.

  • Such Rescission Rights shall terminate twenty four (24) months following the Closing Date.

  • County State Notice of Rescission Rights (Option to Cancel) If the Buyer signs here, the notice of rescission rights on the reverse side is applicable to this contract.

  • In the event such TADF Rescission Rights are instigated by the TADF, the Company Shares shall be returned to and transferred back into the name of the Sellers and the Exchange Shares shall be returned to and transferred back into TADF’s treasury.

Related to Rescission Rights

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Conversion Rights has the meaning set forth in Section 5.1.

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Redemption Right has the meaning provided in Section 8.5(a) hereof.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).

  • Tag-Along Rights has the meaning set forth in Section 5.2.

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

  • Penalty Notice means a notice given to a Person pursuant to section 5 of this By-law;

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Tag-Along Right shall have the meaning set forth in Section 4.2.

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

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit F attached to this Agreement.

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Right of First Refusal Agreement means that certain Amended and Restated Right of First Refusal and Co-Sale Agreement, by and between the Company, the Investors and the Stockholders (in each case, as defined therein), dated as of the date hereof, and as may be amended from time to time.

  • Tag-Along Shares has the meaning ascribed to such term in Section 4.4(a).

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

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

  • Tag-Along Offer has the meaning set forth in Section 8.5(b).

  • First Offer Period has the meaning set forth in Section 13.5.

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