Right of Purchase definition

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.
Sample 1Sample 2
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;
Sample 1Sample 2
Right of Purchase has the meaning set forth in Section 7.2
Sample 1

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.
Sample 1
Right of Purchase is defined in Section 44.1.1.
Sample 1
Right of Purchase or "option" means the right thus defined in ss. 375 of the Hungarian Civil Code;
Sample 1
Right of Purchase shall have the meaning given it in Section 18.1.
Sample 1

Related to Right of Purchase

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

  • Right of First Offer shall have the meaning set forth in Section 13.1 hereof.

  • 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.

  • 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.

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

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