Secondary Refusal Right

Example Definitions of "Secondary Refusal Right"
Secondary Refusal Right. Means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.
Found in SeqLL, Inc. contract
Secondary Refusal Right. Means the right, but not an obligation, of each Major Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Major Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.
Found in iBio, Inc. contract
Secondary Refusal Right. Means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Preferred Stock then held by all Investors) Investors, on an as-converted to Common Stock basis) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.
Found in Akebia Therapeutics, Inc. contract
Secondary Refusal Right. Means the right, but not an obligation, of each Investor Stockholder to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) Stockholders) of any the Transfer Stock not purchased by the Company pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.
Found in POSITIVEID Corp contract
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Secondary Refusal Right. Means the right, but not an obligation, of the Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice, to the extent such Secondary Refusal Right is assigned to the Investor by the Company's Board of Directors.
Found in ScripsAmerica, Inc. contract
Secondary Refusal Right. The right, but not an obligation, of GCP or Monster Worldwide to purchase up to its pro rata portion (based upon their respective relative aggregate amounts invested in the Company in connection with the July 2005 Financing) of any Transfer Stock not purchased pursuant to the Company's right of first refusal set forth in Section 2(a), on the terms and conditions specified in the Proposed Transfer Notice.
Found in MONSTER WORLDWIDE, INC. contract
Secondary Refusal Right. The right, but not an obligation, of each Key Holder to purchase up to its pro rata portion (based upon the total number of shares of Common Stock then held by all Key Holders) of Transfer Stock not purchased pursuant to the Company' s Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice
Found in ACORN ENERGY, INC. contract
Secondary Refusal Right. Means the right, but not an obligation, of each Investor and non-selling Major Holder to purchase any Transfer Stock not purchased pursuant to the Right of First Refusal, in an amount up to such Investor's or non-selling Major Holder's pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors and Major Holders), on the terms and conditions specified in the Proposed Transfer Notice.
Found in Proto Labs, Inc. contract
Secondary Refusal Right. Means the right, but not an obligation, of Parent to purchase all of the Transfer Stock not purchased by the Company pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.
Found in Monaker Group, Inc. contract
Secondary Refusal Right. Means the right, but not an obligation, of each Investor, in the case of a Proposed Key Holder Transfer, or each Key Holder, in the case of a Proposed Investor Transfer, to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors or Key Holders, as the case may be) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.
Found in CESCA THERAPEUTICS INC. contract
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