Common use of Preference Right Clause in Contracts

Preference Right. The Original Shareholders shall have preference rights on the Transfer of Shares issued by the Company owned by ▇▇▇▇▇▇ ("Direct Transfer") after the Lockout Period and on the disposal of Indirect Holdings (in this case of independent existence, but always the exercise of successive rights of Bradseg, Core and/or Integritas as appropriate and in accordance with the procedure laid down in the Integritas Agreement, such a right of preference being defined in this Agreement as "Successive Preemptive Right" ) ("Indirect Transfer"). 7.2.1. The Original Shareholders shall have Successive Preference Rights on the Indirect Shares Offered, this right to be exercised by means of delivery by Bradseg, Core or Core Partners of the number of shares issued by ▇▇▇▇▇▇ representing indirect holdings disposed of by Bradseg, Core or Core Partners of ▇▇▇▇▇▇'▇ capital, as the case may be, for the same price per share and other conditions offered to Core, Bradseg, Core Partners and/or Integritas by the proposer, observing the provisions of item 7.3 below.

Appears in 2 contracts

Sources: Shareholder Agreement, Shareholder Agreement

Preference Right. The Original Shareholders shall have preference rights on the Transfer of Shares issued by the Company owned by ▇▇▇▇▇▇ ("Direct Transfer") after the Lockout Period and on the disposal of Indirect Holdings (in this case of independent existence, but always the exercise of successive rights of Bradseg, Core and/or Integritas as appropriate and in accordance with the procedure laid down in the Integritas Agreement, such a right of preference being defined in this Agreement as "Successive Preemptive Right" ) ("Indirect Transfer"). 7.2.1. The Original Shareholders shall have Successive Preference Rights on the Indirect Shares Offered, this right to be exercised by means of delivery by Bradseg, Core or Core Partners of the number of shares issued by ▇▇▇▇▇▇ Fleury representing indirect holdings disposed of by Bradseg, Core or Core Partners of ▇▇▇▇▇▇'▇ capital, as the case may be, for the same price per share and other conditions offered to Core, Bradseg, Core Partners and/or Integritas by the proposer, observing the provisions of item 7.3 below.

Appears in 1 contract

Sources: Shareholders Agreement