Right of Participation definition

Right of Participation has the meaning set forth in Section 4.
Right of Participation has the meaning ascribed to it in Section 4.1(a) of this Agreement.
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 Participating Rights Holder fails or declines to exercise its Right of Participation in accordance with subsection (a) above, the Company shall promptly give notice (the “Second Participation Notice”) to other Participating Rights Holders who exercised their Right of Participation (the “Right Participants”) in accordance with subsection (a) above.

  • Schedule A shall be updated from time to time as any Shareholder of the Company validly exercises its Right of Participation in connection with the issuance of the Purchased Shares under this Agreement and as any Purchaser validly exercises its right to oversubscription in connection with such issuance, if applicable.

  • A Participation Rights Holder’s “Pro Rata Share” for purposes of the Right of Participation is the ratio of (a) the number of Ordinary Shares (calculated on a fully-diluted and as-converted basis) held by such Participation Rights Holder, to (b) the total number of Ordinary Shares (calculated on a fully-diluted and as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Right of Participation.

  • The Right of Participation shall terminate upon the closing of a Qualified IPO.

  • The Right of Participation for each Participation Rights Holder shall terminate upon a Qualified Public Offering.


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 has the meaning set forth in Section 3.1.
Right of Participation has the meaning set forth in Section 5.1.
Right of Participation has the meaning set forth in Section 5.1 of this Agreement.
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. Section 3.1
Right of Participation shall have the meaning set forth in Section 6.5.2.