Additional New Securities Sample Clauses
The "Additional New Securities" clause defines the terms under which a company may issue new shares or other equity instruments beyond those already authorized or outstanding. Typically, this clause outlines the process for offering these new securities to existing shareholders, often giving them a right of first refusal or preemptive rights to maintain their ownership percentage. By establishing clear procedures for the issuance of additional securities, the clause helps prevent dilution of existing shareholders' interests and ensures transparency in the company's capital-raising activities.
Additional New Securities. Whether the Shareholder is willing to subscribe for New Securities in excess of its Pro-rata Entitlement, and, if so, the number of additional New Securities that it is willing to subscribe for.