Examples of Preemptive Right in a sentence
Altria shall not have any rights whatsoever as a holder of any of the Pre-emptive Right Securities or Top-Up Right Securities (in each case, including any right to receive dividends or other distributions therefrom or thereon) until Altria shall have acquired the Pre-emptive Right Securities or Top-Up Right Securities, as applicable.
Nothing herein contained or done pursuant hereto shall obligate Altria to purchase or pay for, or shall obligate the Company to issue, the Pre-emptive Right Securities or Top-Up Right Securities except upon the exercise by Altria of the Pre-emptive Right or Top-Up Right, as applicable, in accordance with the provisions of this Article 3 and compliance with all other conditions precedent to such issue and purchase contained in this Article 3.
Further information relating to the Call Option and the Pre-emptive Right is outlined below.
Preemptive Right Period – shall have the meaning ascribed to it in Clause 6.6 hereof.
Preemptive Right Notification – shall have the meaning ascribed to it in Clause 6.6 hereof.