Refusal Right definition

Refusal Right is defined in clause 8.l;
Refusal Right means the right of the Investor to decline to purchase Common Shares in connection with an Equity Drawdown Notice on one or more occasions if the Exchange refuses to accept or approve any subscription to or issuance of any Common Shares pursuant to this Agreement for any reason whatsoever, including in respect of the Purchase Price;
Refusal Right means any right of first refusal, right of first offer or similar rightor privilege, whether conferred upon the holder thereof by contract, organic document of a business entity, law, equity or otherwise.

Examples of Refusal Right in a sentence

  • The home also has attractive common areas throughout the home that are used by residents and visitors alike.

  • The County Board may exercise its Phase II Refusal Right by giving a notice of intent to exercise its Phase II Refusal Right (the “Phase II Refusal Right Notice of Intent”) within ninety (90) days after County Board has received the Borrower’s Notice of Bona Fide Offer.

  • If, after the determination of the fair market value price of the Property, pursuant to Section 5.04(d), the County Board determines to exercise its applicable Phase I or Phase III Refusal Right, the County Board shall provide the Borrower with a final intent to exercise its applicable Phase I or Phase III Refusal Right (the “Final RR Notice of Intent”) within fifteen (15) days of such determination.

  • The County Board may exercise its Phase I Refusal Right and/or its Phase III Refusal Right by first giving a notice of preliminary intent to exercise its applicable Phase I or Phase III Refusal Right, subject to the fair market value price of the Property, (the “Preliminary RR Notice of Intent”) within ninety (90) days after County Board has received the Borrower’s Notice of Bona Fide Offer.

  • To exercise its Secondary Refusal Right, an Investor must deliver an Investor Notice to the selling Key Holder and the Company within ten (10) days after the Company’s deadline for its delivery of the Secondary Notice as provided in the preceding sentence.


More Definitions of Refusal Right

Refusal Right means any right of first refusal, right of first offer or similar right
Refusal Right. As used below, the term "IPO" refers to a firm commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933, as amended, covering the offer and sale of common stock for the account of SecurityVillage. A "Qualifying IPO" refers to an IPO or private placement with an aggregate price paid for shares of common stock offered and sold for the account of SecurityVillage of not less than $35 million at a price per share that reflects a valuation of the combined SecurityVillage and SAI entity of at least $400 million prior to SecurityVillage's receipt of the purchase price for the shares offered and accepted in the IPO or private placement.
Refusal Right shall refer to the right of first refusal being granted to Tenant pursuant to the provisions of this Exhibit G.
Refusal Right means any right of first refusal, right of first offer or similar right or privilege, whether conferred upon the holder thereof by contract, organic document of a business entity, law, equity or otherwise.
Refusal Right shall refer to the right of first refusal being granted to Tenant during the Lease Term pursuant to the provisions of Paragraph 2 below.
Refusal Right means the right of first refusal to purchase all or a part of the Premises being granted to Tenant pursuant to the provisions of Paragraph 2 below.
Refusal Right means the right, but not an obligation, of each Secondary Transferee to purchase some or all of the Transfer Shares not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Notice; Second Tranche Closing has the meaning ascribed thereto in the Investment Agreement;