Examples of Preemptive Reply in a sentence
A Preemptive Reply shall constitute an irrevocable commitment by such Preemptive Member (or an Affiliate thereof) to purchase such Preemptive Securities if the issuance occurs on the terms contemplated in the Preemptive Notice.
Such Preemptive Reply shall also include the maximum number of Preemptive Securities the Preemptive Member (or an Affiliate thereof) would be willing to purchase in the event any other Preemptive Member elects to purchase less than its pro rata portion of such Preemptive Securities.
The closing of the sale pursuant to a Preemptive Reply shall occur concurrently with the closing of the issuance giving rise to the Preemptive Right, but no later than ninety (90) days following the expiration of such five (5) Business Day period.
If any Preemptive Member fails to elect to purchase its full pro rata portion of such Preemptive Securities, the Company shall allocate any remaining amount among those Preemptive Members who have indicated in their Preemptive Reply a desire to purchase Preemptive Securities in excess of their respective pro rata portion.
If a Securityholder fails to deliver a Pre-emptive Reply in accordance with this Section 7(c)(iii), the Pre-emptive Securities may thereafter, for a period not exceeding 90 days following the expiration of the Exercise Period, be issued on terms and conditions no more favorable and at a price not less than the price set forth in the Pre-emptive Notice.
The closing of the subscription pursuant to a Preemptive Reply shall occur no earlier than eight (8) days and no later than thirty (30) days after delivery of the Preemptive Reply pursuant to Section 23.
This enhances the computer literacy skills because the trainee would be much nearer to the computer than instructional and revelatory packages.
Japanese 2017-2018 reports on meetings with China The recent events from the end of 2017 and beginning of 2018 portray the two states as ready for cooperation and certainly open for dialogue.
If any Preemptive Member fails to elect to purchase its full pro rata portion of such Preemptive Securities, the Company 25776957.3325776957.34 50 WEIL:\96757130\2\36182.0003 Case 18-10584-MFW Doc 1078-5 Filed 10/12/18 Page 56 of 90 shall allocate any remaining amount among those Preemptive Members who have indicated in their Preemptive Reply a desire to purchase Preemptive Securities in excess of their respective pro rata portion.