Preemptive Right Shares definition

Preemptive Right Shares shall have the meaning set forth in Section 6.1.
Preemptive Right Shares has the meaning specified in the recitals to this Agreement.

Examples of Preemptive Right Shares in a sentence

  • Upon the Company’s issuance of any Preemptive Right Shares, such Preemptive Right Shares shall be validly issued, fully paid and nonassessable, duly authorized by all necessary corporate action of the Company.

  • Within seven (7) Business Days following the receipt of the Preemptive Right Notice, the Investor may, by delivery of a written notice of acceptance to the Company (the “Acceptance Notice”), elect to purchase all, or any portion, of the Preemptive Right Shares that the Investor is entitled to purchase for the price indicated in the Preemptive Right Notice.

  • If any Member fails to so respond in writing within the Preemptive Right Notice Period, then such Member shall forfeit the right hereunder to purchase its Preemptive Right Share of such New Securities and the Company will allocate the rights to purchase such New Securities to any other Member that indicated it would purchase New Securities in excess of its Preemptive Right Share based on their relative Preemptive Right Shares.

  • To the extent any Prior Holder elects to purchase any Preemptive Right Shares, such Prior Holder shall enter into an agreement (a “Subscription Agreement”) pursuant to which such Prior Holder agrees to purchase a specified amount of Preemptive Right Shares and become bound by the terms and conditions of this Agreement as if such Prior Holder was signatory hereto as a Purchaser on the date of this Agreement.

Related to Preemptive Right Shares

  • Preemptive Right has the meaning set forth in Section 5.1 hereof.

  • Preemptive Rights has the meaning set forth in Section 14.1.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

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

  • Subco Shares means the common shares in the capital of Subco;

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Call Rights As defined in Section 9.01(f).

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering;

  • Newco Shares means the common shares in the capital of Newco;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Put Right has the meaning set forth in Section 8.05(a).

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Unit Shares means the Common Shares comprising part of the Units;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • New Securities means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.