Right to Purchase definition

Right to Purchase means the right, however designated, pursuant to the terms of a security or agreement, entitling a person to subscribe to, purchase, or acquire securities of a corporation, whether by the exchange or conversion of other securities, or by the exercise of options, warrants, or other rights, or otherwise, but excluding pre-emptive rights.
Right to Purchase means a right to purchase Restricted Stock granted to an Offeree pursuant to Section 6 hereof.
Right to Purchase means an option to purchase Shares granted to a Participant who elects to participate in an Offering under the provisions of Section 10. A Right to Purchase granted for an Offering shall terminate following the close of business on the Right to Purchase Date for that Offering to the extent that such Right to Purchase is not exercised on such Right to Purchase Date.

Examples of Right to Purchase in a sentence

  • Step 7 – Activate the Right to Purchase the Property In most rent-to-own lease agreements, an xxxxxxx money deposit or “consideration” is required.

  • Right to Purchase), when a Party and a prospective transferee execute a binding agreement for a proposed Transfer of Interest, the transferring Party shall provide to the other Parties a Transfer Notice.

  • Any dispute with regard to the facts underlying an allegation of breach of this Ground Lease that could constitute a default or otherwise result in extinguishing the Lessee’s Right to Purchase the Land as Improved shall be subject to a dispute resolution process that includes negotiation between the Parties’ representatives, then escalation to the Parties’ respective Executive if the dispute has not been resolved within ten (10) business days.

  • Lessor may extinguish the Right to Purchase the Land as Improved without establishing default by Lessee and without termination of this Ground Lease.

  • Termination 25 15.1 Termination for Default 25 15.2 Discontinuation of Use of BRCB System and Proprietary Marks 25 15.3 De-Identification of the Premises 25 15.4 Return of Operations Manual and Other Proprietary Information 26 15.5 Survival of Covenants Against Competition and Solicitation 26 15.6 Transfer of Telephone Numbers and Other Listings 26 15.7 Right to Purchase Assets 27 15.8 Assignment of Leasehold Interest to BRCB 27 15.9 Cross-Termination 28 Section 16.


More Definitions of Right to Purchase

Right to Purchase means an option to purchase Common Shares granted to a Participant who elects to participate in an Offering under the provisions of the Plan.
Right to Purchase has the meaning given to it in Section 7.2(a)(ii). “RFI” has the meaning set out in Recital F.
Right to Purchase has the meaning set forth in Section 3.04(B).
Right to Purchase. If Clorox issues any new Stock (including reissuances of treasury shares), other than pursuant to an employee or director compensation plan, including, but not limited to, The Clorox Company 1987 Long-Term Compensation Plan, The Clorox Company 1996 Stock Incentive Plan, The Clorox Company Executive Incentive Compensation Plan, The Clorox Company Independent Directors’ Stock-Based Compensation Plan and The Clorox Company 1993 Directors’ Stock Option Plan, during the period from the Effective Date through December 15, 2005 or, if this Agreement is terminated pursuant to Section 3.b., the date six (6) months after the last purchase from Henkel made hereunder, whichever is earlier, and Xxxxxx'x ownership interest in Clorox shall, as a result, be less than 29.4% of the aggregate outstanding Stock on and as of December 15, 2005 or on and as of the date six months after the last purchase from Henkel made hereunder, whichever is applicable, Henkel shall have the right, on notice to Clorox given no later than January 15, 2006 or thirty (30) days after the end of the six month period referred to above in this sentence, whichever is applicable, to re-purchase from Clorox of a number of shares of Stock sold hereunder equal to the lesser of (x) such number of shares of Stock as will increase Xxxxxx'x ownership interest in Clorox to 29.4% of the then outstanding Stock (after giving effect to such issuance)and (y) the number of shares of Stock that Henkel had sold to Clorox under this Agreement (or, in either case, such lesser number as Henkel may elect in its notice to Clorox). Re-purchases shall occur sequentially, beginning with the most recent sales. The re-purchase price shall be equal to the price at which Henkel sold the applicable shares to Clorox. Within two (2) weeks of receipt of notice under this Section 2.g., the parties shall hold a closing of the repurchase transaction. The parties shall comply with the Securities Act of 1933 (the “Securities Act”) in connection with any repurchase hereunder, provided that Clorox shall not be required to register the sale to Henkel of the shares that Henkel repurchases.
Right to Purchase means the right granted to an Employee to purchase Common Stock pursuant to an Offering made under this Plan.
Right to Purchase means a right granted hereunder which will entitle an Eligible Employee to purchase shares of Common Stock.
Right to Purchase. If Licensee sells commercially or has a right to sell, except for prohibitions stated herein, any IC or IC chipset in any package that it may package or have packaged as a TCC, then Licensee agrees to sell to Tessera such IC or IC chipset for a price (equitably adjusted to reflect differences in * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.