Right to Subscribe Sample Clauses

Right to Subscribe. All Eligible Holders will have a right to participate in the Rights Offering on a pro rata basis based on their respective Allowed Claims with respect to Tronox (subject to rounding requirements), provided, however, that for holders of Indirect Environmental Claims, their respective Allowed Claim for purposes of participation in the Rights Offering shall be limited to 50% of such Allowed Claim. The aggregate purchase price for the shares of New Tronox Common Stock issuable upon exercise of the Rights shall be $170 million. The Rights will not be transferable; provided, however, the right to receive shares distributable on account of exercised Rights shall be transferable with and non-severable from the underlying Claim against Tronox to which such Rights relate.
Right to Subscribe. If the Company achieves positive EBT for three consecutive quarters (which three quarters may include the two consecutive quarters described in (b) above), then effective as of the end of the third consecutive quarter the Company shall grant options to Mr. Crowder to purchase an additional 75,000 shares of Common Stock, and options to Mr. Fox to purchase an additional 25,000 shares of Common Stock, in each case at the Market Price per share of the Common Stock as of the end of the third consecutive quarter. These options will expire on the third anniversary of their issuance.
Right to Subscribe. FOR SHARES IN LIST CO AND LISTING OF HANG FUNG GROUP OF COMPANIES
Right to Subscribe. Each Shareholder may subscribe for up to and including its Proportionate Interest of the Offered Securities or any other number of Offered Securities. This right may be exercised by delivering an irrevocable and unconditional subscription notice to the Corporation (the “Subscription Notice”) within 15 days from the date the Offering Notice is delivered (the “Offer Period”). The Subscription Notice must specify whether the Shareholder is subscribing for its Proportionate Interest, and if not, the maximum number of, or percentage of, Offered Securities such Shareholder is prepared to acquire. The “Specified Number” of a Shareholder means that Shareholder’s Proportionate Interest of the Offered Securities or the number or amount of the Offered Securities specified in that Shareholder’s Subscription Notice, and if expressed as a percentage, means the number or amount of Offered Securities equal to such percentage multiplied by the total number or amount of Offered Securities. Each Significant Shareholder Group may assign its preemptive rights under this Section 7.1.3 to one or more of its Affiliates; provided that the conditions set forth in Sections 5.2.3, 5.3.3 and 5.4.3 shall apply mutatis mutandis as if fully set forth herein.
Right to Subscribe. Subject to this Agreement, the Trilogy Parties hereby grant to South32 the sole, exclusive and irrevocable right to subscribe for, from the LLC, and have issued to it by the LLC fifty percent (50%) of all Membership Interests issued to the Company and South32 on Completion (“Option”) free and clear of any Encumbrance.
Right to Subscribe. 5.1 Minco hereby grants to each Investor the right to purchase equity securities of Minco or securities convertible into equity securities of Minco (such equity securities and securities convertible into equity securities being referred to as "Securities") from time to time, in the circumstances and manner set out below.
Right to Subscribe. (1) On the terms and conditions set out in this Agreement, the Silver Bull Parties hereby grant to South32 the sole, exclusive and irrevocable right for South32 to subscribe for from, respectively, the Company and Contratistas, be issued and to acquire (in the manner specified in section 4) 70% of the Company Shares and 70% of the Contratistas Shares (“Option”) free and clear of any Encumbrance.

Related to Right to Subscribe

  • Right to Sublicense So long as COMPANY remains the exclusive licensee of the PATENT RIGHTS in the FIELD in the TERRITORY, COMPANY shall have the sole right to sublicense any alleged infringer in the FIELD in the TERRITORY for future use of the PATENT RIGHTS in accordance with the terms and conditions of this Agreement relating to sublicenses. Any upfront fees as part of such sublicense shall be shared equally between COMPANY and M.I.T.; other revenues to COMPANY pursuant to such sublicense shall be treated as set forth in Article 4.

  • Right to Set-Off Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent and each other Lender Party are hereby authorized at any time and from time to time, to the fullest extent permitted by law, to setoff and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by the Administrative Agent or any such Lender Party, as the case may be, to or for the credit or the account of the Guarantor against any and all of the Guaranteed Obligations now or hereafter existing under this Guaranty, irrespective of whether the Administrative Agent or any such Lender Party shall have made any demand under this Guaranty. Each Lender Party agrees promptly to notify the Guarantor, the Borrowers and the Administrative Agent after any such set-off and application made by the Administrative Agent or any such Lender Party, provided that the failure to give such notice shall not affect the validity of such set-off and application. The rights of the Administrative Agent and each other Lender Party under this Section are in addition to other rights and remedies (including, without limitation, other rights of set-off) which the Administrative Agent or any of the other Lender Parties may have.