Right of Participation has the meaning ascribed to it in Section 4.1(a) of this Agreement.

Right of Participation has the meaning set forth in Section 4.

Right of Participation has the meaning ascribed to it in the Shareholders Agreement and the Restated Articles.

Examples of Right of Participation in a sentence

If any Participation Rights Holder fails or declines to fully exercise its Right of Participation in accordance with Section 4.1(d)(i) above, the Company shall promptly give notice (the “Second Participation Notice”) to other Participation Rights Holders who exercised in full their Right of Participation (the “Oversubscription Participants”) in accordance with Section 4.1(d)(i) above.
If any Participation Rights Holder fails to send such written notice within the prescribed time period or declines to exercise fully its Right of Participation, then the right of such Participation Rights Holder to purchase all of any part of its Pro Rata Share of such New Securities shall be forfeited.
Each Participation Rights Holder shall be entitled to apportion its Right of Participation hereby granted to it among itself and its Affiliates in such proportions as it deems appropriate.

More Definitions of Right of Participation

Right of Participation means the pre-emptive right of each Shareholder under Section 3 (Right of Participation) to purchase such Shareholder’s Participation Pro Rata Share of all (or any part) of any New Securities that the Company may from time to time issue after the date hereof.

Right of Participation shall have the meaning ascribed to it in Section 3.1.

Right of Participation has the meaning set forth in Section 5.1.

Right of Participation. Section 3.1

Right of Participation. The holders of the Series K notes have a limited right of participation in this offering as described below: Subsequent Placements From the Effective Date and for so long as the Notes are outstanding, the Company will not, directly or indirectly, effect any Subsequent Placement unless the Company shall have first complied with this Section 4.6(b).

Right of Participation. For as long as any of the Replacement Debentures remain outstanding, the investors (through the Placement Agent) shall have a right of participation in any new fund raising (debt or equity of any kind) undertaken by ABMC.

Right of Participation. The lnvestors shall have the right to participate in any future offering by the Company for a period of twelve (12) months for an amount equal to the Principal Amount detailed in this Term Sheet except for the current pending financing.