Offering Size definition

Offering Size means the product of (i) the aggregate number of shares issuable upon the exercise of the Rights distributed to shareholders of the Company as set forth in the Rights Offering Supplement and the Subscription Price Per Share. Notwithstanding the foregoing in this Section 4, the Company shall not be required to pay, and the Management Company shall not be entitled to receive, the Fees unless the Rights Offering is completed and Holdings fulfills its obligations under Section 1 (subject to the limitations set forth in Section 3). The Company shall at the next general meeting of the Company’s shareholders submit for shareholder approval the Fees payable to the Management Company pursuant to this Agreement pursuant to Rule 4350(i) of the Nasdaq Stock Market (the “Approval Matter”) and shall use reasonable efforts to solicit proxies from its shareholders in favor of the Approval Matter.
Offering Size. Minimum Amount: USD$250,000 Maximum Amount: USD$2,000,000 Plan of Offering: The Shares are being offered through the Placement Agent and selling syndicate on a “best efforts, all or none” basis as to the Minimum Amount and, thereafter, the remaining Shares will be offered on a “best efforts” basis. The offering will continue until December 31, 2020 (the “Expiration Date”) or the decision by the Company and the Placement Agent to terminate or extend the Offering prior to such Expiration Date. The Placement Agent and selling syndicate will receive a success fee of seven percent (7%) of the gross purchase price of the Shares sold at each closing, payable in cash. In addition, the Placement Agent and selling syndicate will receive a non-accountable expense allowance of one percent (1%) of the gross purchase price of the Shares sold at each closing. In addition to the above, at each closing, the Placement Agent and selling syndicate will receive a five-year warrant to purchase a number of shares of Class A Common Stock of the Company in an amount not to exceed seven percent (7%) of the Class A Common Stock underlying the Shares sold at each closing, exercisable on a cashless basis, with an exercise price equal to the Conversion Price of the Shares. Affiliates of the Placement Agent and the Company (including their respective officers, directors, employees and affiliates) may purchase Shares in this Offering. Any of such purchases may be used to satisfy the Minimum Amount.
Offering Size has the meaning ascribed thereto in Section 2.4(a);

Examples of Offering Size in a sentence

  • Filed: April 3, 1998 This case involves an allegation that Jacqueline Johnson (Jacqueline), a minor, suffered damage to her central nervous system as a result of deteriorated lead-based paint at premises located at 2523 Emerson Avenue in Baltimore City (“the Emerson Avenue premises” or “the premises”).

  • The Issuer has granted the A share Joint Sponsors (Lead Underwriters) an over-allotment option (or the Greenshoe) equivalent to not more than 15% of the Initial Offering Size.

  • In the event that the IPO Follow-on Underwritten Offering is conducted pursuant to Section 2.02(a)(iii), the Company shall file with the SEC a registration statement on Form S-1 registering a number of shares of Class A Common Stock sufficient to permit the sale of all shares requested to be included in such offering permitted to be transferred pursuant to Section 2.02(a)(i) up to the Maximum Offering Size as soon as possible following a Change in Tax Law Determination.

  • Represents the proposed Maximum Offering Size for all Offerings that have been qualified, or are being qualified, pursuant to the offering statement of which this Offering Circular forms a part, as required for purposes of the Form 5110 submitted to FINRA.

  • The Issuer will not take any action or fail to take any action which act or omission would result in the interest on the Notes being includable in gross income for federal tax purposes.

  • Offering Size: There is no minimum offering amount for the sale of Interests in each Offering.

  • Before the clawback mechanism is activated, the number of shares under the Institutional Placement is approximately 3.00 billion shares, representing approximately 23.1% of the Initial Offering Size; and the remaining portion will be offered under the Public Offering.The A Share Offering will be conducted concurrently with ICBC’s overseas H share offering.

  • PRINCIPAL TERMS OF THE NEW NOTES Offering Size Subject to the fulfillment or waiver of the conditions precedent to the Exchange Offer and the Concurrent New Money Issuance, the Company will issue US$25,893,000 of the New Notes in the Concurrent New Money Issuance and US$104,107,000 of the New Notes pursuant to the Exchange Offer, for an aggregate principal amount of US$130,000,000 of the New Notes, which will mature on 9 May 2020 unless earlier redeemed pursuant to the terms thereof.

  • The Joint Sponsors (Lead Underwriters) may over-allocate to investors shares representing not more than 15% of the Initial Offering Size (not more than 1.95 billion shares) at the Final Offering Price, which means that they may place shares in aggregate equivalent to not more than 115% of the Initial Offering Size (not more than 14.95 billion shares) to investors.

  • The Offering Size shall not exceed 20% of the issued Domestic Shares in issue of the Company as at the date of the passing of the relevant resolution.


More Definitions of Offering Size

Offering Size means the Offering Price multiplied by the number of Common Shares sold in the Share Offering(s) (including any Common Shares sold pursuant to the underwritersoption to purchase additional Common Shares).
Offering Size has the meaning set forth in Section 6.1(c).
Offering Size. At least $84 million and up to $94 million, at least $30 million and up to $40 million to be issued in consideration of at least $30 million and up to $40 million of new capital and $54 million to be issued in consideration of all of the Company’s Series C Convertible Preferred Stock (original offering of $60 million with a current accrued value of approximately $68.8 million).
Offering Size has the meaning specified in Section 5.04(d).
Offering Size. Up to US$1,700,000 (one million, seven hundred thousand US dollars).

Related to Offering Size

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Underwriters’ Maximum Number means, for any Piggyback Registration, Demand Registration or other registration which is an underwritten registration, that number of securities to which such registration should, in the opinion of the managing underwriters of such registration in the light of marketing factors, be limited.

  • Lot Size means the number Underlying Assets in one Lot in a CFD.

  • Offering Periods means the periods of approximately ---------------- twenty-four (24) months during which an option granted pursuant to the Plan may be exercised, commencing on the first Trading Day on or after May 1 and November 1 of each year and terminating on the last Trading Day in the periods ending twenty-four months later; provided, however, that the first Offering Period under the Plan shall commence with the first Trading Day on or after the date on which the Securities and Exchange Commission declares the Company's Registration Statement effective and ending on the last Trading Day on or before April 30, 2002. The duration and timing of Offering Periods may be changed pursuant to Section 4 of this Plan.

  • Offering Price has the meaning ascribed thereto in the first paragraph of this Agreement;

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

  • Marketed Underwritten Shelf Take-Down has the meaning set forth in Section 2.02(e).

  • Available Securities means the securities of the Funds that are available for Loans pursuant to Section 3.

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Net Offering Proceeds means all cash or other assets received by General Partner or Borrower as a result of the issuance or sale of common shares of beneficial interest, preferred shares of beneficial interest, partnership interests, preferred partnership units, limited liability company interests, Convertible Securities or other ownership or equity interests in General Partner or Borrower less customary costs and discounts of issuance paid by General Partner or Borrower, as the case may be.

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Underwritten Net Cash Flow means, as of any date of determination, the excess of: (i) for the twelve (12) month period ending on such date, the sum of (A) the lesser of (1) GPR multiplied by 94.0%, and (2) Actual Rent Collections, and (B) Other Receipts; over (ii) for the twelve (12) month period ending on such date, the sum of (A) Operating Expenses, adjusted to reflect exclusion of amounts representing non-recurring expenses, (B) Underwritten Capital Expenditures and (C)

  • Initial Offering Period means the period commencing with the initial effective date of the Prospectus and terminating no later than the ninetieth (90th) day following such date unless extended for up to an additional 90 days at the sole discretion of the General Partner.

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Maximum Offering means, with respect to some or all participants in the Non-423(b) Plan Component, a maximum number or value of shares of the Common Stock made available for purchase in a specified period (e.g., a 12-month period) in specified countries, locations or to Employees of specified Designated Subsidiaries. Such maximum shall be determined by the Board (or a committee authorized by the Board) in such a manner as to avoid securities filings, to achieve certain tax results or to meet other Company objectives.

  • Initial Public Offering Price means the price per share of APP Common Stock received by APP before underwriting commissions, discounts or other fees in connection with its Initial Public Offering.

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Offering Period means a period with respect to which the right to purchase Stock may be granted under the Plan, as determined pursuant to Section 4(a).

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.

  • Underwritten Shelf Take-Down has the meaning set forth in Section 2.4(b).

  • Offered Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.