Common use of First Refusal Rights Clause in Contracts

First Refusal Rights. Subject to the terms and conditions of this Article 6, the Issuer hereby grants to the Purchaser a right of first refusal to purchase its Pro Rata Share (as defined below) of any issue of New Securities (as defined below) that the Issuer (or any subsidiary whose capital stock will not be wholly owned, directly or indirectly, by the Issuer upon completion of any such issuance) may from time to time after the date of this agreement propose to issue.

First Refusal Rights. Subject to the terms and conditions of this Article 6, the Issuer Company hereby grants to the Purchaser a right of first refusal to purchase its Pro Rata Share (as defined below) of any issue of New Securities (as defined below) that the Issuer Company (or any subsidiary whose capital stock will not be wholly owned, directly or indirectly, by the Issuer Company upon completion of any such issuance) may from time to time after the date of this agreement Agreement propose to issue.

First Refusal Rights. Subject to the terms and conditions of this Article 6, the Issuer hereby grants to the Purchaser a right of first refusal to purchase its Pro Rata Share (as defined below) of any issue of New Securities (as defined below) that the Issuer (or any subsidiary whose capital stock will not be wholly owned, directly or indirectly, by the Issuer upon completion of any such issuance) may from time to time after the date of this agreement Agreement propose to issue.

First Refusal Rights. Subject to the terms and conditions -------------------- of this Article 6, the Issuer hereby grants to the Purchaser a right of first refusal to purchase its Pro Rata Share (as defined below) of any issue of New Securities (as defined below) that the Issuer (or any subsidiary whose capital stock will not be wholly owned, directly or indirectly, by the Issuer upon completion of any such issuance) may from time to time after the date of this agreement Agreement propose to issue.