Right of Resale Sample Clauses
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Right of Resale. During the Right of Resale Period, the Investor shall, upon the Company's consummation of a Corporate Event, have the following rights with respect to the shares of Purchased Shares and New Securities then owned by the Investor (the "Owned Shares"):
(A) If a Corporate Event results in any or all of the Owned Shares being acquired at less than the Guaranteed Price, the Investor shall receive from the Company the difference between the Guaranteed Price with respect to the Owned Shares so acquired and the price at which such Owned Shares are acquired, such payment to be made in cash upon the consummation of such Corporate Event.
(B) If a Corporate Event results in some of the Owned Shares being acquired at less than the Guaranteed Price, the Investor shall have the right to sell to the Company for cash any or all of the Owned Shares not so acquired at the Guaranteed Price, such sale to occur upon consummation of such Corporate Event.
(C) If in connection with a Corporate Event the Owned Shares are not purchased on a pro rata basis with the Company's other then- outstanding voting securities, the Investor shall have the right to sell to the Company for cash any or all of the pro rata portion of the Owned Shares not so purchased at the Guaranteed Price. Notwithstanding the foregoing, the Investor shall not have the right to sell to the Company any Owned Shares pursuant to this Section 7(g)(iv) if the person affecting a Corporate Event offers to acquire all of such Owned Shares (or the Investor's pro rata portion of such Owned Shares in the event the person affecting such Corporate Event offers to acquire less than all of the Company's outstanding voting securities) for cash or in exchange for registered, readily tradable securities listed on the Nasdaq National Market, the New York Stock Exchange or another national securities exchange, at a purchase price that is not less than the Guaranteed Price.
Right of Resale. In the event Buyer fails to make the Timely Payment of any V▇▇▇▇ Order hereunder (a “Payment Default”), then, subject to the terms and conditions of this Agreement, Supplier shall have the right to refuse to sell the V▇▇▇▇ Goods to Buyer and shall have the right to sell the V▇▇▇▇ Goods to any third party at the price, time and manner as Supplier, in its sole discretion, chooses (the “Right of Resale”).
Right of Resale. In the event of any breach or repudiation of or under this contract by Buyer or any failure of Buyer to comply with the provisions hereof, Seller may resell the Tiny Home covered hereby which has not already been delivered to Buyer, together with any good reclaimed by Seller or as to which Seller may agreeto accept return, at one or more public or private sales, at wholesale or otherwise, and recover from Buyer, the amount by which the price established in this contract exceeds the amounts so received, together with all incidental damages occasioned by the default of the buyer.
Right of Resale. 2.1. Wonderkind offers Partner the opportunity to purchase and resell the Services.
2.2. Partner receives a licence to use or offer Customers the Services at Partner’s expense and risk. Wonderkind is not a party to the Customer Agreements.
2.3. Partner does not have any exclusive right with respect to the existing and potential group of Customers.
2.4. Without prior written approval from Wonderkind, Partner does not have the right to resell the Services to Customers (or any other party) that intend to or will resell the Services.
Right of Resale. If the Lead Investor shall fail to exercise its right of first refusal as to a Corporate Event pursuant to Section 7(g)(iii), such Investor shall, upon the Company's entering into an agreement to consummate a Corporate Event, have the right to sell to the Company any or all Purchased Shares and Conversion Shares. Such sale shall be made on the following terms and conditions:
(A) The price per share at which such shares are to be sold to the Company shall be equal to the greater of:
(1) the Per Share Purchase Price and (2) either the highest price per share of capital stock (or equivalent) paid in connection with the Corporate Event or, if the transaction involves the sale of a Significant Subsidiary or assets or the licensing of Intellectual Property, the Lead Investor's pro rata share of the consideration received, directly or indirectly, by the Company in such transaction based on its then fully-diluted ownership of the Company's capital stock.
(B) Immediately prior to the consummation of the Corporate Event, the Lead Investor shall deliver to the Company the certificate or certificates representing shares to be sold, each certificate to be properly endorsed for transfer.
(C) The Company shall, assuming its receipt of the certificate or certificates for the shares to be sold by the Lead Investor, pay the aggregate purchase price therefor in cash immediately upon consummation of the Corporate Event.
Right of Resale. Zenith may resell any Product removed under clause 14.2(d) and apply the proceeds in or towards payment of any monies payable to Zenith by Customer whether under this Agreement or not.
Right of Resale. PREPA shall have the right to resell all or any portion of the Product purchased under this Agreement, and Resource Provider shall, at no cost to PREPA, take all other reasonable actions from and after the Initial Synchronization Date to assist PREPA in receiving, and otherwise ensure that PREPA can receive and resell the Product, including submission of any reports or filings with applicable Governmental Authorities.
Right of Resale. 28 (v) Right of Notification and Negotiation.............................29 (vi)
Right of Resale. If the Investor shall fail to exercise its right of first refusal as to a Corporate Event pursuant to Section 7(g)(3), the Investor shall, upon the Company's entering into an agreement to consummate a Corporate Event, have the right to sell to the Company any or all shares of Purchased Shares, Warrant Shares and all New Securities and Maintenance Securities then owned by the Investor. Such sale shall be made on the following terms and conditions:
(A) The price per share at which such shares are to be sold to Company shall be equal to the greater of: (1) 25 percent of the Per Share Purchase Price (as such may be adjusted for any stock split or dividend or other event of a similar nature) and (2) either the highest price per share of capital stock (or equivalent) paid in connection with the Corporate Event or, if the transaction involves the sale of a Significant Subsidiary or assets or the licensing of Intellectual Property, the Investor's pro rata share of the consideration received, directly or indirectly, by the Company in such transaction based on its then fully-diluted ownership of the Company's capital stock.
(B) The Company shall reimburse the Investor for any and all fees and expenses, including legal fees and expenses, incurred in connection with this Section 7(g)(4).
(C) Within 15 days prior to the consummation of the Corporate Event, the Investor shall deliver to the Company the certificate or certificates representing shares to be sold, each certificate to be properly endorsed for transfer.
(D) The Company shall, concurrent with the closing of the Corporate Event, pay the aggregate purchase price therefor and the amount of reimbursable fees and expenses as specified in Section 7(g)(4)(B) in cash.
Right of Resale. Many ebooks and pieces of software, especially in the field of online or internet marketing, are sold with resell rights included. It is therefore necessary to distinguish between normal resell rights and master resell rights. Most resale rights packages will not let you alter any of its content or in any way change/tamper with the information. Always read the disclaimers surrounding them. If you wanted to change the content you would have to contact the author and request a partnership or buy the editing rights to the product. Not every country has resell rights products in their language,for example, Taiwan hasn't resell rights ebook or products until 2011. Normal resell rights Normal resell rights mean that after you buy the item you will be allowed to sell it to your customers. There may be limitations, such as that you can only sell the product for a specific price. This term is also known as Resale Rights. When a product comes with resell rights it means that you can sell the product to just about anyone and keep 100% of the profit. The product you sell though should only include the PUO (Personal Use Only) right, in other words, you can NOT give the resell rights when you sell this type of product. Master resell rights When you acquire master resell rights, you sell the product/service to your customers, and you may also grant your customers the right to sell it. You can also pass master resell rights to your customers, if you are in possession of transferable master resell rights. This allows your customers to also sell the product with master resell rights. Private label With private label resell rights, you may not only resell the product but you may also edit the content or product and claim it as your own work (meaning, you become its author). Private Label Rights vary, with licenses offering full authorship while others limit distribution, and restrict what can be done with the content (restricted private label versus unrestricted private label) Rebranding With rebranding resell rights, you may replace the author links with yours. That is in addition to normal resell rights. Typically, resell rights can not be sold with any rights other than regular distribution. Source code such as DOC or PSD files are not usually included, giving the buyer little control over the content, and no option to edit existing material. When a seller exercises his right of lien or right of stoppage in transit over goods, he cannot resale them as he wishes because of...