Pre-Emptive Right definition

Pre-Emptive Right means the right of Altria to purchase the Pre-emptive Right Securities from the Company in accordance with Article 3.

Pre-Emptive Right has the meaning set out in Section 2.1;

Pre-Emptive Right has the meaning specified in Section 2.7(1) of this Amendment.

Examples of Pre-Emptive Right in a sentence

• In determining the percentage applicable to the Top-Up Right with respect to any fiscal quarter, any prior issuances of Common Shares by the Company with respect to which (i) Altria had a Pre-Emptive Right or Top-Up Right and (ii) (A) the period for exercise thereof shall not have expired or (B) to the extent Altria shall have exercised such Pre-Emptive Right or Top-Up Right, the closing of such sale shall not yet have occurred, in each case, as of the date of such calculation shall be excluded.

• CBG shall not have any rights whatsoever as a holder of any of the Pre-Emptive Right Securities (including any right to receive dividends or other distributions therefrom or thereon) until CBG shall have acquired the Pre-Emptive Right Securities.

• Within 5 (Five) business days upon expiration of the Effective Period of the Pre-Emptive Right or, if the offering price of shares and/or equity securities convertible into shares for the persons exercising their pre-emptive rights shall be determined upon expiration thereof, within 5 (Five) business days upon expiration of the due date for payment for the securities by the persons exercising their pre-emptive rights, the Board of Directors shall sum up the results of the pre-emptive right exercise.

• The GF Canco Acceptance shall provide notification as to the number of Offered Securities in respect of which the Pre-Emptive Right is exercised and provide that GF Canco agrees to subscribe for and purchase such number of Offered Securities concurrent with the closing of the Equity Financing.

• Unless and until the Effective Period of the Pre-Emptive Right expires, the Company shall not issue any additional shares and/or equity securities convertible into shares to any persons not possessing the pre- emptive right with respect to them.

More Definitions of Pre-Emptive Right

Pre-Emptive Right has the meaning set forth in Section 6.12(a) of this Agreement;

Pre-Emptive Right has the meaning ascribed to such term in Section 5.1(1). “Pre-Emptive Right Subscription Notice” has the meaning ascribed to such term in Section 5.1(3).

Pre-Emptive Right has the meaning set out in Section 4.3(a).

Pre-Emptive Right has the meaning ascribed thereto in Section 3.1.

Pre-Emptive Right has the meaning specified therefor in Section 3.1 of this Agreement.

Pre-Emptive Right means the right of the Lender to purchase the Pre-Emptive Right Securities from the Borrower in accordance with Section 8.6.

Pre-Emptive Right means a right of first refusal, pre-emptive right of purchase or similar right whereby any third party has a right to acquire or purchase all or any portion of any asset owned in whole or in part by Provident or any of its Subsidiaries or affiliates;