First Refusal Allocation definition

First Refusal Allocation. Section 6.5(c)
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First Refusal Allocation shall have the meaning ascribed to in Section 4.2 of this Agreement.
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First Refusal Allocation has the meaning set forth in Section 4.3(a).
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Examples of First Refusal Allocation in a sentence

  • Each Acceptance Notice shall include a statement of (i) the number of Shares held by such Offeree and (ii) the maximum number of Excess Offered Shares (up to the total number of Offered Shares less such Offeree’s First Refusal Allocation) that such Offeree is willing to purchase, if any.

  • Each Acceptance Notice shall include a statement of (i) the number of Shares held by such Offeree on a non-diluted basis and (ii) the maximum number of Excess Offered Shares (up to the total number of Offered Shares less such Offeree’s First Refusal Allocation) that such Offeree is willing to purchase, if any.

  • Each Acceptance Notice shall include a statement of (i) the number of the Equity Securities of the Company held by such Offeree on an as-converted basis and (ii) the maximum number of Excess Offered Shares (up to the total number of Offered Shares less such Offeree’s First Refusal Allocation) that such Offeree is willing to purchase, if any.

  • Each Acceptance Notice shall include a statement of (i) the number of the Equity Securities of the Company held by such Offeree on an as- converted basis and (ii) the maximum number of Excess Offered Shares (up to the total number of Offered Shares less such Offeree’s First Refusal Allocation) that such Offeree is willing to purchase, if any.

  • The Preferred Holders shall not have a right to purchase any of the Offered Shares unless it exercises its right of first refusal within the Option Period to purchase up to all of its First Refusal Allocation of the Offered Shares.

  • Recitals Term Section First Refusal Allocation ..................................................................

  • Each Series A Acceptance Notice shall include a statement of (i) the number of Shares held by such Offeree and (ii) the maximum number of Series A Excess Offered Shares (up to the total number of Series A Offered Shares less such Series A Offeree’s Series A First Refusal Allocation) that such Series A Offeree is willing to purchase, if any.

  • If a Preferred Holder has not applied to purchase its First Refusal Allocation of the Offered Shares, the Company shall give each other Preferred Holder that has applied to purchase up to all of its First Refusal Allocation of the Offered Shares a written notice specifying the number of remaining Offered Shares (the “First Refusal Second Allocation Notice”).

  • In the event that a Preferred Holder has not elected to purchase any or all of its First Refusal Allocation of the Offered Shares, then the sale of the remaining Offered Shares will become subject to the co-sale right of the Preferred Holders as set forth in Section 4.4 below.

  • In addition, in the event that one or more Offerees (“Non-Electing Offerees”) declines or is deemed pursuant to Clause 15.5(c) to have waived its First Refusal Right, each Offeree electing to exercise its First Refusal Right (an “Electing Offeree”) shall have the right as provided in Clause 15.5(d) to purchase all or a portion of the Offered Shares constituting the aggregate First Refusal Allocation of the Non-Electing Offerees (the “Excess Offered Shares”).


More Definitions of First Refusal Allocation

First Refusal Allocation shall have the meaning ascribed to it in Section 4.3 hereof.
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Related to First Refusal Allocation

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

  • Contribution Notice means a contribution notice issued by the Pensions Regulator under section 38 or section 47 of the Pensions Xxx 0000.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit F attached to this Agreement.

  • Final Allocation has the meaning set forth in Section 2.3.

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • First Offer Period has the meaning set forth in Section 13.5.

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Tag-Along Right is defined in Section 4.7(c).

  • Carryover Allocation means an Allocation made to the Project if the Project will not be Placed in Service by close of the calendar year of the Allocation.

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Government guaranteed securities, which may be held without limit:

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Class B Floating Allocation means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Investor Interest as of the close of business on such day; provided, however, that, with respect to the first Monthly Period, the Class B Floating Allocation shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Investor Interest and the denominator of which is the Initial Investor Interest.

  • Remaining Members has the meaning set forth in Section 11.2.

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one