Preemptive Event definition

Preemptive Event has the meaning set forth in Section 3.
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Preemptive Event means the failure or malfunction of any equipment or transmission lines transmitting the Contractor’s programming in whole or in part, or, in the Contractor's sole and absolute discretion, the requirement for maintenance, testing, or relocation of such equipment and/or transmission lines.
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Preemptive Event means the issuance of any Common Stock or Preferred Stock by the corporation, except: (A) upon the closing of an IPO (as defined above); (B) an issuance of Class C Common Stock; or (C) as otherwise agreed to by the Holder.
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Examples of Preemptive Event in a sentence

  • If and to the extent Co-Investment Holdings rejects (in whole or in part) its respective right for subscription in a Preemptive Event, it shall forfeit such opportunity, which opportunity shall revert to the Sponsor Funds.

  • The Company shall give prompt notice to Co-Investment Holdings of any Preemptive Event, including the terms of such subscription, which Co-Investment Holdings shall have 10 days to accept or reject (in whole or in part), provided that in the event Co-Investment Holdings does not reply in such period, such offer shall be deemed rejected.

  • If and to the extent a Fresh Market Co-Investor rejects (in whole or in part) its respective right for subscription in a Preemptive Event, it shall forfeit such opportunity, which opportunity shall revert to the Sponsor Funds, who may elect to purchase such securities within 120 days after the expiration of the 30 day period described above at the proposed purchase price and on the terms of sale set forth in the notice provided to the Fresh Market Co-Investors pursuant to this Section 5.

  • DISH agrees to provide Network with as much notice of any Preemptive Event as is practicable under the circumstances.

  • Such right shall be exercised by the Seller Shareholder by giving written notice of acceptance to the Purchaser within the later of (i) five (5) business days after the receipt of the Preemptive Notice from the Purchaser (ii) or five (5) business days prior the expected closing date of the Preemptive Event.

  • Under no circumstances shall DISH or its Affiliates be liable to Network or to any third party for any claims and/or damages whatsoever, resulting from or arising out of a Preemptive Event, except that, unless such preemption is as a result of occasional maintenance permitted hereunder or any breach by Network of any provision hereunder, Network shall not be responsible for payment for airtime during any Preemptive Event.

  • The Company shall give prompt notice to each Fresh Market Co-Investor of any Preemptive Event, including the terms of such subscription, which the Fresh Market Co-Investors shall have 30 days to accept or reject (in whole or in part), provided that in the event any such Fresh Market Co-Investor does not reply in such 30-day period, such offer shall be deemed rejected by such Fresh Market Co-Investor.

  • With respect to a Debt Preemptive Event, Avenue shall have the right to participate in the Preemptive Event up to its Pro Rata Debt Ownership.

  • The Company shall give prompt notice to the ▇▇ ▇▇▇▇▇▇ of any Preemptive Event, including the anticipated terms of such subscription, which the ▇▇ ▇▇▇▇▇▇ shall have 10 Business Days to accept or reject, provided that in the event the ▇▇ ▇▇▇▇▇▇ does not reply in such period, such offer shall be deemed rejected.

  • With respect to a Debt Preemptive Event, ▇▇▇▇▇▇▇ shall have the right to participate in the Preemptive Event up to its Pro Rata Debt Ownership.

Related to Preemptive Event

  • Excluded Stock means:

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Excluded Issuance means an issuance and sale of Qualified Capital Stock of Holdings, to the extent such Qualified Capital Stock is used, or the Net Cash Proceeds thereof shall be, within ninety (90) days of the consummation of such issuance and sale, used, without duplication, to finance Capital Expenditures or one or more Permitted Acquisitions.

  • REIT Shares Amount means a number of REIT Shares equal to the product of the number of Partnership Units offered for exchange by a Tendering Party, multiplied by the Conversion Factor as adjusted to and including the Specified Redemption Date; provided that in the event the General Partner issues to all holders of REIT Shares rights, options, warrants or convertible or exchangeable securities entitling the stockholders to subscribe for or purchase REIT Shares, or any other securities or property (collectively, the “rights”), and the rights have not expired at the Specified Redemption Date, then the REIT Shares Amount shall also include the rights issuable to a holder of the REIT Shares Amount of REIT Shares on the record date fixed for purposes of determining the holder of REIT Shares entitled to rights.

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by Parent (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.