Preemptive Rights Transaction definition

Preemptive Rights Transaction shall have the meaning set forth in Section 6.1.
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Preemptive Rights Transaction shall have the meaning set forth in Section 4.1 hereof.
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Preemptive Rights Transaction shall have the meaning provided in Section 3.3(a).
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Examples of Preemptive Rights Transaction in a sentence

  • In the event the Company proposes to issue or sell Common Shares or Common Share Equivalents (the "Offered Securities"), the Company shall, no later than 20 days prior to the consummation of such transaction (a "Preemptive Rights Transaction"), give notice in writing of such Preemptive Rights Transaction (the "Offer Notice") to the Parties holding Common Shares.

  • In case the Company proposes to issue or sell (a) any shares of Common Stock or Common Stock Equivalents to any Person, or (b) any other security of the Company to any one or more members of the BSMB Control Group or the HMTF Control Group (the "Offered Securities"), the Company shall, no later than thirty (30) days prior to the consummation of such transaction (a "Preemptive Rights Transaction"), give notice in writing of such Preemptive Rights Transaction (the "Offer Notice") to each Qualified Holder.

  • Within 15 days after its receipt of the Offer Notice, each Accredited Offeree shall deliver to the Company a written notice (the "Acceptance Notice") specifying whether or not it desires to accept the Offer, whereupon each Accredited Offeree, who has elected to accept the Preemptive Rights Offer, shall be obligated to purchase its pro rata share of the Offered Securities at the closing of the Preemptive Rights Transaction, if and when it occurs.

  • If any Purchaser to whom a Preemptive Rights Offer is made fails to accept (a "Non-Responding Holder") in writing the Preemptive Rights Offer by the tenth (10th) day after SkyTerra's delivery of the Preemptive Rights Offer Notice, such Non-Responding Holders shall have no further rights with respect to the proposed Preemptive Rights Transaction.

  • Any sale of the Offered Shares pursuant to a Preemptive Rights Transaction shall be made within sixty (60) days after the delivery of the Preemptive Rights Offer Notice.

  • In case the Company or any Affiliated Successor (as hereinafter defined) proposes to issue or sell any shares of Common Stock or Common Stock Equivalents (the "Offered Securities"), the Company shall, no later than twenty days prior to the consummation of such transaction (a "Preemptive Rights Transaction"), give notice in writing (the "Offer Notice") to each Holder of such Preemptive Rights Transaction.

  • In case the Company or any Affiliated Successor (as hereinafter defined) proposes to issue or sell any shares of Common Stock or Common Stock Equivalents (the "Offered Securities"), the Company shall, no later than twenty days prior to the consummation of such transaction (a "Preemptive Rights Transaction"), give notice in writing (the "Offer Notice") of such Preemptive Rights Transaction to each Holder of Common Stock or Class A Common Stock (each a "Common Stock Holder").

  • If any holder of Series F Preferred Stock to whom a Preemptive Rights Offer is made fails to accept (a “Non-Responding Holder”) in writing the Preemptive Rights Offer by the tenth (10th) day after the Company's delivery of the Preemptive Rights Offer Notice, such Non-Responding Holders shall have no further rights with respect to the proposed Preemptive Rights Transaction.

  • If any Preemptive Right Offeree to whom a Preemptive Rights Offer is made fails to accept (a "Non-Responding Holder") in writing the Preemptive Rights Offer by the tenth (10th) day after SkyTerra's delivery of the Preemptive Rights Offer Notice, such Non-Responding Holder shall have no further rights with respect to the proposed Preemptive Rights Transaction.

  • By entering into this Agreement, the Purchaser hereby waives all rights under Section 3.3 of the Stockholders Agreement to exercise any preemptive rights with respect to the Series D Preemptive Rights Transaction, or to purchase such Series D Preferred Stock other than under this Agreement.


More Definitions of Preemptive Rights Transaction

Preemptive Rights Transaction has the meaning set forth in Section 14(b) hereof.
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Preemptive Rights Transaction means either (i) an issuance or sale by the Company of any shares of Common Stock or Common Stock Equivalents, or (ii) a sale for cash by the Company of any shares of Preferred Stock to any Holder or any Affiliate of a Holder.
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Related to Preemptive Rights Transaction

  • Preemptive Rights has the meaning set forth in Section 4.18(c).

  • Preemptive Right has the meaning set forth in Section 9.6(a).

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

  • Call Rights As defined in Section 9.01(f).

  • Extraordinary Transaction means any merger, amalgamation, scheme of arrangement, consolidation, business combination, recapitalization, reorganization, tender or exchange offer, liquidation, sale of all or substantially all assets, or other similar extraordinary transaction involving the Company.