Common use of Pro Rata Share Clause in Contracts

Pro Rata Share. Holder’s “Pro Rata Share” for purposes of the Preemptive Rights is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 2 contracts

Sources: Shareholder Agreement (Adagene Inc.), Shareholder Agreement (Adagene Inc.)

Pro Rata Share. HolderEach Investor’s “Pro Rata Share” for purposes of the Preemptive Rights is is, on an as-converted basis, the ratio of (a) the total number of Ordinary Shares Share Equivalents (including Preferred Shares calculated on an a fully-diluted and as-converted basis) held by such Rights HolderInvestor in the aggregate, to (b) the total number of Ordinary Shares Share Equivalents (including Preferred Shares calculated on an a fully-diluted and as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 2 contracts

Sources: Shareholder Agreement (Dada Nexus LTD), Shareholder Agreement (Dada Nexus LTD)

Pro Rata Share. A Rights Holder’s “Pro Rata Share” for purposes of the Preemptive Rights is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then issued and outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 2 contracts

Sources: Shareholder Agreements (Belite Bio, Inc), Shareholder Agreements (Belite Bio, Inc)

Pro Rata Share. A Rights Holder’s “Pro Rata Share” for purposes of the Preemptive Rights is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then outstanding held by all Rights Holders immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 2 contracts

Sources: Shareholder Agreement, Shareholder Agreements (Four Seasons Education (Cayman) Inc.)

Pro Rata Share. HolderA Shareholder’s “Pro Rata Share” for purposes of the Preemptive Pre-emptive Rights is the ratio of (a) the number of the issued and outstanding Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights HolderShareholder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then issued and outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Pre-emptive Rights.

Appears in 1 contract

Sources: Shareholder Agreement

Pro Rata Share. A Rights Holder’s “Pro Rata Share” for purposes of the Preemptive Rights is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 1 contract

Sources: Shareholders’ Agreement (Allogene Therapeutics, Inc.)

Pro Rata Share. A Rights Holder’s “Pro Rata Share” for purposes of the Preemptive Rights is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an a fully diluted, as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an a fully diluted, as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 1 contract

Sources: Shareholder Agreement (Zai Lab LTD)

Pro Rata Share. HolderA Rights ▇▇▇▇▇▇’s “Pro Rata Share” for purposes of the Preemptive Rights is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on a fully diluted and an as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 1 contract

Sources: Shareholders Agreement (Yimutian Inc.)

Pro Rata Share. HolderA Rights ▇▇▇▇▇▇’s “Pro Rata Share” for purposes of the Preemptive Rights is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) held by such Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) then outstanding immediately prior to the issuance of New Securities giving rise to the Preemptive Rights.

Appears in 1 contract

Sources: Shareholder Agreements (Allogene Therapeutics, Inc.)

Pro Rata Share. A Pre-Emptive Rights Holder’s “Pro Rata Share” for purposes of the Preemptive Pre-Emptive Rights For New Securities is the ratio of (a) the number of Ordinary Shares (including Preferred Shares on an as-converted basis) Share Equivalents then held by such Pre-Emptive Rights Holder, to (b) the total number of Ordinary Shares (including Preferred Shares on an as-converted basis) Share Equivalents then outstanding held by all Pre-Emptive Rights Holders immediately prior to the issuance of New Securities giving rise to the Preemptive RightsPre-Emptive Rights For New Securities.

Appears in 1 contract

Sources: Subscription and Contribution Agreement (Mecox Lane LTD)