Refused Securities definition

Refused Securities has the meaning ascribed to such term in Section 4.1(c)
Refused Securities has the meaning set forth in Section 4.15.
Refused Securities means those Offered Securities as to which a Notice of Acceptance has not been given by the Qualified Purchasers pursuant to Section 3.1.

Examples of Refused Securities in a sentence

  • Upon the closing, which shall include full payment to the Company, of the sale to such other Person or Persons of all or less than all the Refused Securities, the Offerees shall purchase from the Company, and the Company shall sell to the Offerees, the number of Offered Securities specified in the Notices of Acceptance, as reduced pursuant to Section 12(c)(ii) if the Offerees have so elected, upon the terms and conditions specified in the Offer.

  • The Corporation agrees, as a condition precedent to accepting payment for and making delivery of any Refused Securities to any executive officer, employee, consultant or independent contractor of or to the Corporation, or to any other person, to have each and every such person execute and deliver this Agreement, as may be modified or amended from time to time pursuant to Section 11 hereof, to the extent such purchaser has not already executed this Agreement.

  • Upon the closing of the issuance, sale or exchange of all or less than all of the Refused Securities, such Buyer shall acquire from the Company, and the Company shall issue to such Buyer, the number or amount of Offered Securities specified in its Notice of Acceptance, as reduced pursuant to Section 4(o)(iv) above if such Buyer has so elected, upon the terms and conditions specified in the Offer.

  • Upon the closing, which shall include full payment to the Company, of the sale to such other person or persons of all or less than all the Refused Securities, the Participating Stockholders shall purchase from the Company, and the Company shall sell to the Participating Stockholders, the number of Offered Securities specified in the Notices of Acceptance, as reduced pursuant to Section 6(c)(ii) if the Participating Stockholders have so elected, upon the terms and conditions specified in the Offer.

  • Upon the closing, which shall include full payment to the Company, of the sale to such other Person or Persons of all or less than all the Refused Securities, the Purchasers shall purchase from the Company, and the Company shall sell to the Purchasers, the number of Offered Securities specified in the Notices of Acceptance, as reduced pursuant to Section 6.03(b) if the Purchasers have so elected, upon the terms and conditions specified in the Offer.


More Definitions of Refused Securities

Refused Securities has the meaning set forth in Section 4.3(c).
Refused Securities shall have the meaning ascribed to such term in Section 6.11(b).
Refused Securities has that meaning set forth in Section 2.3 of this Agreement.
Refused Securities shall have the meaning assigned to that term in Section 6.03.
Refused Securities shall have the meaning set forth in Section 5.1(c).
Refused Securities has the meaning set forth in Section 5.1(e).
Refused Securities has the meaning specified in Section 17.1(d) of this Agreement.