Common use of Notice; Exercise of Right Clause in Contracts

Notice; Exercise of Right. In order to exercise this Purchase Right, Investor shall be required to provide written notice of its election to purchase all or any portion of the Additional Shares to the Company prior to the Expiry Date. The closing of the sale of the Additional Shares shall occur within fifteen (15) calendar days of the date that this notice is given.

Appears in 2 contracts

Sources: Preferred Stock Purchase Agreement (Premier Power Renewable Energy, Inc.), Investor Rights Agreement (Premier Power Renewable Energy, Inc.)