Preferential Purchase Rights definition

Preferential Purchase Rights means rights of any Person (other than rights of condemnation, eminent domain, or other similar rights of any Person) to purchase or acquire any interest in any of the Purchased Assets, including rights that are conditional upon a sale of any Purchased Assets or any other event or condition.
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Preferential Purchase Rights means rights of any Person (other than rights of condemnation, eminent domain, or other similar rights of any Person) to purchase or acquire any interest in any of the Purchased Assets, including any rights that are conditional upon a sale of any Purchased Assets or any other event or condition.
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Preferential Purchase Rights means preferential rights, preemptive rights or contracts, rights of first refusal or other commitments or understandings of a similar nature to which Seller is a party or to which the Assets are subject.
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Examples of Preferential Purchase Rights in a sentence

  • Seller shall promptly give notices to third parties holding either (i) any Consent rights, or (ii) Preferential Purchase Rights.

  • Seller and Buyer agree that the Base Purchase Price shall be allocated among the Assets as set forth on Exhibit “C” (the “Allocated Values”) for the purpose of (i) providing notices, or obtaining waivers, of any Preferential Purchase Rights, (ii) determining the value of a Title Defect, and (iii) handling those instances for which the Base Purchase Price is to be adjusted.

  • Except as described in Schedule 5.8 or as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, the Purchased Assets are not subject to any Preferential Purchase Rights.

  • Except as set forth on Schedule 5.18, there are no Preferential Purchase Rights to which the Assets are subject.

  • Except as set forth in Schedule 4.10, there are no Preferential Purchase Rights that are applicable to the transfer of the Assets by Seller to Buyer.

  • Seller and Buyer agree that the Base Purchase Price shall be allocated among the Assets as set forth on Exhibit “C” (the “Allocated Values”) for the purpose of (i) providing notices, or obtaining waivers, of any Preferential Purchase Rights, (ii) determining the value of a Title Defect, and (iii) calculating the amount of the adjustment to be made to the Base Purchase Price pursuant to the terms of this Agreement.

  • Seller shall promptly (but in no event later than two (2) Business Days after the Execution Date) give notices to all Persons holding either (i) any Consent rights, or (ii) Preferential Purchase Rights.

  • Except as set forth on Schedule 5.18, there are no Preferential Purchase Rights to which the Assets or any portion thereof are subject.

  • Except as set forth on Schedule 5.19, there are no Preferential Purchase Rights to which the Assets are subject.

  • To Seller’s knowledge, there are no Preferential Purchase Rights.


More Definitions of Preferential Purchase Rights

Preferential Purchase Rights has the meaning specified in Section 9.1(b).
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Preferential Purchase Rights means preferential purchase rights, “drag-along” rights, “tag-along” rights, rights of first refusal, or other similar rights, pertaining to any RTP Asset or the transactions contemplated hereby, including those listed on Schedule 4.22-1 and those listed on Schedule 4.22-2.
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Preferential Purchase Rights. With respect to each preferential purchase right covering the Leasehold Property, Seller shall send to the holder of such right a notice offering to sell to such holder, in accordance with the contractual provisions applicable to such right, those Assets covered by such right on substantially the same terms hereof, subject to Purchase and Sale Agreement Page No. 11 adjustments in the same manner as the Purchase Price is adjusted pursuant to Section 3.5 of this Agreement. Preferential purchase rights shall not be considered Title Defects hereunder provided such are waived or exercised prior to Closing. If, prior to Closing, any holder of a preferential purchase right notifies Seller that it intends to consummate the purchase of the Assets to which its preferential purchase right applies, then those Assets shall be excluded from the Assets to be conveyed to Purchaser, and the Purchase Price shall be reduced as set forth in Section 3.5.
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Preferential Purchase Rights. Except as set forth on Schedule 5.19, to the knowledge of Seller, there are no Preferential Purchase Rights to which the Assets are subject.
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Preferential Purchase Rights. Except as set forth in Schedule "N", or in respect of which a waiver has been obtained, there are no Preferential Purchase Rights, options or other rights created by, through or under it or any Corporate Subsidiary or the Subsidiary Partnerships since October 13, 2000 or, to the knowledge of Vendor, prior to that date, held by any Person not a party to this Agreement to purchase or acquire any interest in any part of the Assets or Shares as a result of the Transaction and in respect of those Preferential Purchase Rights set forth in Schedule "N", as of the date hereof, the waivers indicated in Schedule "N" have been obtained.
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Related to Preferential Purchase Rights

  • Purchase Rights shall have the meaning set forth in Section 5(c).

  • Registration Rights means the rights of the Holders to cause the Company to Register Registrable Securities pursuant to this Agreement.

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

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

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Preemptive Rights has the meaning given such term in Section 6.04(a).

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

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

  • Shareholder-Initiated Transfer Redemption means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract out of a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollments such as transfers of assets within a Contract out of a Fund as a result of annuity payouts, loans, systematic withdrawal programs, insurance company approved asset allocation programs and automatic rebalancing programs; (ii) as a result of any deduction of charges or fees under a Contract; (iii) within a Contract out of a Fund as a result of scheduled withdrawals or surrenders from a Contract; or (iv) as a result of payment of a death benefit from a Contract.

  • transferable securities means those classes of securities which are negotiable on the capital market, with the exception of instruments of payment, such as:

  • Initial Purchase Price has the meaning set forth in Section 2.1.

  • Registrable Stock means (i) any shares of Common Stock issued or issuable upon the conversion of any of the Shares (ii) any Common Stock issued by way of a stock split, reorganization, merger or consolidation, and (iii) any Common Stock issued as a dividend on the Shares. For purposes of this Agreement, any Registrable Stock shall cease to be Registrable Stock when (v) a registration statement covering such Registrable Stock has been declared effective and such Registrable Stock has been disposed of pursuant to such effective registration statement, (w) such Registrable Stock is sold pursuant to Rule 144 (or any similar provision then in force) under the 1933 Act, (x) such Registrable Stock is eligible to be sold pursuant to Rule 144(k) under the 1933 Act, (y) such Registrable Stock has been otherwise transferred, no stop transfer order affecting such stock is in effect and the Company has delivered new certificates or other evidences of ownership for such Registrable Stock not bearing any legend indicating that such shares have not been registered under the 1933 Act, or (z) such Registrable Stock is sold by a person in a transaction in which the rights under the provisions of this Agreement are not assigned.

  • Investor Registrable Securities means (i) any Common Equity held (directly or indirectly) by an Investor or any of its Affiliates, and (ii) any equity securities of the Company or any Subsidiary issued or issuable with respect to the securities referred to in clause (i) above by way of dividend, distribution, split or combination of securities, or any recapitalization, merger, consolidation or other reorganization.

  • Exchange Rights means any rights granted to limited partners of Simon Property Group, L.P., a Delaware limited partnership (including pursuant to an Exchange Rights Agreement) to exchange (subject to the Ownership Limit) limited partnership interests in such Partnership for shares of Capital Stock or cash at the option of the Corporation.

  • Initial Purchase Date The first Payment Date following the month in which the Pool Balance is initially reduced to less than 20% of the Cut-off Date Balance.

  • Eligible Securities means those securities which are identified as permissible securities for a particular Transaction Category.

  • Registration Rights Agreement means the Registration Rights Agreement, dated the date hereof, among the Company and the Purchasers, in the form of Exhibit B attached hereto.

  • Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Registration Rights Agreements means that certain Registration Rights Agreement dated as of the Closing Date by and between the Parent and Laurus and each other registration rights agreement by and between the Parent and Laurus, as each of the same may be amended, modified and supplemented from time to time.

  • Investor Securities means the securities eligible for registration pursuant to the Registration Rights Agreement.