Right of. First Refusal ----------------------
Right of. Lien Executive shall be issued a UCC 1 which shall be recorded by the company in the amount of Nine Hundred Thousand Dollars ($900,000.00) (collectively, the "Severance Payments") for the purpose of security in the event of default under the provisions of this agreement. Upon payment in full of all shares and money Executive shall release said lien.
Right of. UNIT MEMBERS TO JOIN OR NOT JOIN: Each unit member has the right to form, join and participate in lawful activities of employee organizations and the right to refuse to form, join and participate in employee organizations. AFA and the District will not discriminate against a unit member who exercises these rights.
Right of. First Refusal on Issuance of New Securities by the Company. -------------------------------------------------------------------
Right of. First Refusal. Prior to effecting any transaction described in clause (v) of Section 5.01(a), a Shareholder's Representatives shall cause any bona fide offer to purchase any or all of the Shares held by the Shareholder's Representatives (an "Offer") received by the Shareholder's Representatives and which the Shareholder's Representatives wish to accept to be reduced to writing, and the Shareholder's Representatives shall notify Buyer in writing that the Shareholder's Representatives wish to accept the Offer. The notice shall contain an irrevocable offer to sell such Shares to Buyer or its designee (in the manner set forth below) at a purchase price equal to the price contained in, and on the same terms and conditions of, the Offer, and shall be accompanied by a true copy of the Offer (which shall identify the third party who has made the Offer (the "Offeror")). At any time within 30 days after the date of the receipt by Buyer of such notice, Buyer shall have the right and option to purchase, or to arrange for a third party (including the Company) to purchase, all of the Shares covered by the Offer either (i) at the same price and on the same terms and conditions as the Offer or (ii) if the Offer includes any consideration other than cash, then at the sole option of Buyer, at the equivalent all cash price, determined in good faith by a duly authorized compensation committee of the Board of Directors of the Company, by delivering a certified or bank check in the appropriate amount to the Shareholder's Representatives against delivery of certificates representing the Shares so purchased, appropriately endorsed by the Shareholder's Representatives. If at the end of such 30 day period, Buyer or such third party has not tendered the purchase price for such Shares in the manner set forth above, the Shareholder's Representatives may during the succeeding 30 day period sell not less than all of the Shares covered by the Offer to the Offeror at a price and on terms no less favorable to such Shareholder's Representatives than those contained in the Offer. Promptly after such sale, such Shareholder's Representatives shall notify Buyer of the consummation thereof and shall furnish such evidence of the completion and time of completion of such sale and of the terms thereof as may reasonably be requested by Buyer. If, at the end of 30 days following the expiration of the 30 day period for Buyer to purchase such Shares, such Shareholder's Representatives have not complete...
Right of prepayment and cancellation in relation to a single Lender
Right of. In the event that (i) it becomes necessary for [*] to [*] under [*] of a Third Party, where such [*] or [*] of a Development Compound comprising a Licensed Product, or the [*] or [*] (as defined below) of the Collaboration Target to which such Licensed Product is directed, which Development Compound or Collaboration Target is within the CK Existing Technology or consists of Collaboration or Post-Collaboration Technology owned solely or jointly by CK, and such [*] would [*] or [*] of such Licensed Product (but not, for example, by reason of its [*] or [*]), and (ii) [*] must [*] such Third Party for such [*] on [*] such Licensed Product [*], [*] may [*] that [*] of the [*] to such Third Party as the Parties agree under [*] below, but in no event more than [*] percent ([*]%) of such [*], against [*] on [*] of such Licensed Product [*], subject in each case to the [*] of [*] specified in [*] below. [*] shall not be entitled to such [*] in [*] of the [*] in the event the [*] of such Third Party for which such [*] have been incurred are [*] or [*]. For purposes of this Section 6.12.1, a [*] shall "[*] of the Collaboration Target" if such [*] a [*] or [*] by [*] of such Collaboration Target.
Right of cancellation and repayment in relation to a single Lender
Right of. First Refusal. Until 120 days after the effective date of the Registration Statement described in Section 10.1(iv) hereof, the Subscriber shall be given not less than ten (10) business days prior written notice of any proposed sale by the Company of its common stock or other securities or debt obligations except as disclosed in the Reports or Other Written Information. The Subscriber shall have the right during the ten (10) business days following the notice to agree to purchase an amount of such offered securities or debt obligations in the same proportion as Put Notes being purchased in the aggregate offering to which this Subscription Agreement relates (i.e. $2,866,666 in the aggregate), in accordance with the terms and conditions set forth in the notice of sale. In the event such terms and conditions are modified during the notice period, the Subscriber shall be given prompt notice of such modification and shall have the right during the original notice period or for a period of ten (10) business days following the notice of modification, whichever is longer, to exercise such right. In the event the right of first refusal described in this Section is exercised by the Subscriber and the Company thereby receives net proceeds from such exercise, then commissions and fees will be paid by the Company to the Placement Agents in the same amounts as specified in the notice of sale.
Right of. In the event that Yahoo, in its sole discretion, ------------ elects to [*] advertising and promotion program described in this Agreement [*], Yahoo will provide written notice to DoveBid at least [*] days [*] to the [*]. Yahoo will describe its reasonable [*] for such [*] in its written notice to DoveBid. If DoveBid declines to commence [*] with Yahoo regarding such [*] within [*] days after receiving such written notice from Yahoo, or if the parties fail to reach agreement within [*] days following the commencement of [*], or such later date as is agreed by the parties, Yahoo may [*] to [*]
