Secondary Refusal Right Definition Example with 4 Variations
This page contains an example definition of Secondary Refusal Right, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
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
Variations
Secondary Refusal Right. Means 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.
Secondary Refusal Right. Means 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 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
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) Pro Rata Portion 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
COSKATA, INC. contract
