Closing of the Over Allotment Option Sample Clauses

Closing of the Over Allotment Option. (a) The purchase and sale of the Over-Allotment Units, if required, shall be completed at such time and place as the Underwriter and the Corporation may agree, but in no event shall such closing occur later than five Business Days after written notice to purchase Over-Allotment Units under the Over-Allotment Option is given in the manner contemplated herein.
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Closing of the Over Allotment Option. The Underwriters' obligation to purchase any Additional Securities on the Option Closing Date (in the event that the Over-Allotment Option to purchase the Additional Securities is exercised by the Underwriters) shall be subject to the accuracy of the representations and warranties of the Company contained in this Agreement as of the Option Closing Date and the performance by the Company of its obligations under this Agreement. The Company agrees to fulfil or cause to be fulfilled the following conditions:
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Closing of the Over Allotment Option. (a) The Corporation hereby grants to the Agents, for the purposes of covering the Agents’ over- allocation position, if any, and for market stabilization purposes, the Over-Allotment Option to offer for sale as agents the Over-Allotment Shares. The Over-Allotment Option is exercisable in whole or in part and from time to time on or before 5:00 p.m. (EST) for a period of 30 days from (but not including) the Closing Date.
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Closing of the Over Allotment Option. 8.1 The Company hereby grants to the Co-Lead Agents, for the purposes of covering the Co-Lead Agents’ overallocation position, if any, and for market stabilization purposes, the Over-Allotment Option to offer for sale as agents the Additional Shares. The Over-Allotment Option is exercisable in whole or in part and from time to time for a period of 30 days from (but not including) the Closing Date.
Sample 1
Closing of the Over Allotment Option. (a) The Over-Allotment Option may be exercised for a period of 30 days from and including the Closing Date. The Lead Agent, on behalf of the Agents, shall provide written notice to the Corporation of its election to exercise the Over-Allotment Option, which notice will set forth: (i) the aggregate number of Over-Allotment Units to be purchased; and (ii) the closing date for the Over-Allotment Units, provided that such closing date shall not be less than two Business Days and no more than seven Business Days following the date of such notice, and in any event not later than the 30th day following the Closing Date
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Closing of the Over Allotment Option 
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Related to Closing of the Over Allotment Option

  • Over Allotment Option 1.2.1. The Representative shall have the option (the “Over-Allotment Option”) to purchase all or less than all of an additional 1,500,000 Units (the “Option Units”) solely for the purposes of covering any over-allotments in connection with the distribution and sale of the Firm Units. Such Option Units shall, at the Representative’s election, be purchased for each account of the several Underwriters in the same proportion as the number of Firm Units set forth opposite such Underwriter’s name on Schedule A hereto (subject to adjustment by the Representative to eliminate fractions). Such Option Units shall be identical in all respects to the Firm Units. The Firm Units and the Option Units are hereinafter collectively referred to as the “Public Securities.” No Option Units shall be sold or delivered unless the Firm Units previously have been, or simultaneously are, sold and delivered. The right to purchase the Option Units, or any portion thereof, may be exercised from time to time and to the extent not previously exercised may be surrendered and terminated at any time upon notice by the Representative to the Company. The purchase price to be paid for each Option Unit (net of discounts and commissions) will be $9.80 per Option Unit.

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