Preemptive Right definition

Preemptive Right has the meaning set forth in Section 9.6(a).
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Preemptive Right has the meaning set forth in Section 5.1 hereof.
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Preemptive Right has the meaning assigned in Section 3.8(a).
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Examples of Preemptive Right in a sentence

  • Each Preemptive Right Participant shall have ten (10) days from the date of receipt of the Second Participation Notice to notify the Company of its desire to purchase more than its Participation Pro Rata Share of the New Securities, stating the number of the additional New Securities it proposes to buy.

  • Upon the Company’s issuance of any Preemptive Right Shares, such Preemptive Right Shares shall be validly issued, fully paid and nonassessable, duly authorized by all necessary corporate action of the Company.

  • Subject to obtaining the requisite authorization, approval or consent of any Governmental Body, the closing of any purchase by any Member pursuant to this Section 7.1 shall be consummated concurrently with the consummation of the issuance or sale described in the Preemptive Right Participation Notice.

  • For the purposes of the exercise of the Preemptive Right referred to in this item, the price, to be set by an appraiser chosen by mutual agreement of the Parties, shall be considered as Proposal, which should consider, so as to assess the Affected Shares to be sold, the amounts and terms of the proposal originally received by the controlling shareholder of the Party at issue.

  • Each Preemptive Right Participant shall be obligated to buy such number of New Securities as determined by the Company pursuant to this Section 3.2(b) (Second Participation Notice; Oversubscription).


More Definitions of Preemptive Right

Preemptive Right shall have the meaning ascribed to it in Section 4.2.
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Preemptive Right means any expansion, extension, purchase, or renewal option; right of first refusal or first offer; or other preemptive right this Lease gives Tenant.
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Preemptive Right shall have the meaning set forth in Section 7.2.
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Preemptive Right shall have the meaning assigned to such term in Section 7.1.
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Preemptive Right means the right guaranteed in the Agreement to the other Parties by any Party wishing to sell, assign, transfer, grant to the capital of another company, transmit or, in any way, sell or dispose of part or all of its Affected Shares or any subscription rights resulting thereof, always taking into account the particularities set forth in this Agreement;
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Preemptive Right means a right of a stockholder to preempt or to purchase before others a new issue of shares in proportion to one's present interest in the Company.
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Preemptive Right means the right that a Shareholder is granted by the other under this AG Agreement to sell, assign, transfer, contribute to the capital of other company, convey or otherwise dispose of its Affected Shares or any Subscription Rights attached therein, always subject to the specific conditions provided for in this Agreement;
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