Sale Rights definition

Sale Rights shall have the meaning set forth in Paragraph 2(b) hereof.
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Sale Rights has the meaning specified therefor in Section 2.08.
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Sale Rights. As set forth in the Investor's Rights Agreement, each of the Holders shall have certain rights of co-sale with respect to any transfer of Common Stock by any of the Major Shareholders (as defined in the Investor's Rights Agreement).
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Examples of Sale Rights in a sentence

  • Upon an Event of Default, the Forced Sale Rights may be exercised by the Trustee providing written notice of exercise at any time during the term of this Agreement to the Affiliate and the Issuer.

  • Upon receipt of the written notice of exercise of the Forced Sale Rights, the Affiliate shall deliver to the Trustee all required signatures and documentation requested.

  • Neither the Developer, the Investors, nor any related person may have a call option or other contractual right or agreement to purchase, at any time, the Equipment, any property included in the Equipment, or a Partnership Interest at a future date (other than a contractual right or agreement for a present sale)..06 Sale Rights.

  • Essentials of a Contract of Sale; Sale Distinguished from Agreement to Sell, Bailment, Contract for Work and Labour and Hire-Purchase; Conditions and Warranties; Transfer of Title by Non-Owners; Doctrine of Caveat Emptor; Performance of the Contract of Sale; Rights of Unpaid Seller.

  • JX062 at DLE_0002407 (“Year 16 – Force Sale Rights / Execution of the Qualified Contract provision An ideal, but highly unlikely, outcome would be to stayin the deal until year 16 hoping that the SLP forces a Compliance Termination Sale.

  • In addition to the Sale Rights pursuant to Section 11.01, and subject to the terms of this Article XI, Blueapple may request that the Corporation purchase (the “Piggyback Sale Right”) part or all of Blueapple’s Common Units by delivering written notice as contemplated by the Registration Rights Agreement in connection with any Piggyback Registration conducted pursuant to the Registration Rights Agreement.

  • The Sale Notice shall set forth (A) the Negotiable Right(s) that are the subject of such offer ("Sale Rights"), (B) the name and address of the offeror ("Offeror"), and (C) all of the material terms and conditions of such offer, including the financial terms of the offer (collectively, the "Terms").

  • For the avoidance of doubt, the General Partner shall update Schedule I, to the extent necessary, following the exercise of the Preemptive Sale Rights by one or more of the Right Holders.

  • With respect to the exercise of Sale Rights, the consideration shall, in the sole and absolute discretion of the General Partner, be paid in the form of (a) cash, cashier’s or certified check, or by wire transfer of immediately available funds to the Exercising Partner’s designated account in the amount of the Cash Amount, or (b) by the issuance by the General Partner of the Common Stock Amount, or (c) any combination of cash and Common Stock equal to the Cash Amount.

  • The Partnership shall deliver a Preemptive Response Notice (as defined in the Parent LP Agreement) to the Parent within the time periods required under the Parent LP Agreement with respect to any securities to be purchased by the Right Holders who provide timely written notice of their Preemptive Sale Rights to the Partnership within such five-day period.


More Definitions of Sale Rights

Sale Rights provisions in this Addendum are not typically included in venture capital financings; they are more common in later-stage private equity deals. They have been drafted in response to the Delaware Chancery Court’s ruling in In re Trados Inc. S’holder Litigation, Case No.
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Sale Rights means the rights of the Minority Shareholders to sell their respective shares of Common Stock pursuant to Section 8.2 of the HFFB Securities Purchase Agreement.
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Sale Rights shall have the meaning set forth in Section 3(b) hereof.
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Sale Rights shall have the meaning set forth in Paragraph 2(b) of this Exhibit C.
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Related to Sale Rights

  • Preemptive Rights is defined in Section 4.8(b).

  • Call Rights As defined in Section 9.01(f).

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Tag-Along Rights has the meaning set forth in Section 5.2.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Tag-Along Shares has the meaning ascribed to such term in Section 4.4(a).

  • 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;

  • Drag-Along Sellers shall have the meaning set forth in Section 4.2.1.

  • 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 G attached to this Agreement.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Preemptive Right has the meaning set forth in Section 9.6(a).

  • Tag-Along Right shall have the meaning set forth in Section 4.2.

  • Tag-Along Seller has the meaning set forth in Section 8.5(b).

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

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Right of First Offer has the meaning set forth in Section 8.7.

  • Exchange Rights shall have the meaning set forth in Paragraph 2 hereof.

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

  • Rights Holders Special Meeting" means a meeting of the holder of Rights called by the Board of Directors for the purpose of approving a supplement or amendment to this Agreement pursuant to Subsection 5.4(c);

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

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Exclusive Right to Sell listing means that if you, the owner of the property, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker.

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.