Right of Purchase definition

Right of Purchase has the meaning set forth in Section 7.2
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Right of Purchase means a Right of First Refusal, Right of First Negotiation, [others]. “Section 338 Election” shall have the meaning ascribed to such term in Section 9.09.
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Right of Purchase which shall mean an obligation to offer the Equity Securities of a Transfer Company to another Person as a result of the fact that the holder of such Equity Securities sells, proposes or expects to propose to sell, the Equity Securities to a Person;
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Examples of Right of Purchase in a sentence

  • In the event the City informs PWRF that is does not desire to exercise its Right or Purchase of fails to exercise its Right of Purchase within the Offer Period, then PWRF shall be permitted to sell the Land and Improvements to a third party on terms substantially similar to those contained in the Offer.


More Definitions of Right of Purchase

Right of Purchase. The shareholders, on a prorata basis and in proportion to their corresponding interest percentages in the company's capital stock, will be entitled to the preemptive right of purchase, in case one of the shareholders wishes to sell its shares to third parties that are not shareholders.
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Right of Purchase is defined in Section 44.1.1.
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Right of Purchase or "option" means the right thus defined in ss. 375 of the Hungarian Civil Code;
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Right of Purchase shall have the meaning given it in Section 18.1.
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Related to Right of Purchase

  • Notice of Purchase means, as the context requires, a Preliminary Notice of Purchase or a Final Notice of Purchase, in each case, substantially in the form attached as Exhibit A to the VRDP Shares Purchase Agreement.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • 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.

  • Final Notice of Purchase means, in connection with an Optional Tender or a Mandatory Tender, a Notice of Purchase delivered by the Tender and Paying Agent to the Liquidity Provider (or directly to the Liquidity Provider by Beneficial Owners or their Agent Members, in the case of an Optional Tender, or Holders, in the case of a Mandatory Tender, if there is no Tender and Paying Agent or for any reason the Tender and Paying Agent does not perform its obligations) on the Purchase Date indicating the number of VRDP Shares to be purchased on such date pursuant to the Purchase Obligation, or, in connection with a Mandatory Purchase, the Mandatory Purchase Notice delivered by the Fund or the Tender and Paying Agent on behalf of the Fund.

  • Proof of Purchase means an original tax invoice clearly confirming a Purchase. The Proof of Purchase must clearly specify:

  • Margin of purchase preference means the maximum extent to which the price quoted by a local supplier may be above the L1 for the purpose of purchase preference.

  • Preemptive Right has the meaning set forth in Section 5.1 hereof.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Sale Shares means [Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto;

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • right of access means the right to be admitted to invest in the territory of the other Contracting Party, subject to the limits resulting from international agreements binding on both Contracting Parties.

  • Right of Co-Sale means the right, but not an obligation, of an Investor to participate in a Proposed Key Holder Transfer on the terms and conditions specified in the Proposed Transfer Notice.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Right of Reference means a “Right of Reference,” as that term is defined in 21 C.F.R. § 314.3(b) and any comparable right existing under the laws or regulations of any foreign country.