Common use of Offering Period Clause in Contracts

Offering Period. The "Offering Period" shall mean that period during which the Units are offered for sale, commencing on the date of the Memorandum and continuing for forty-five (45) days thereafter, or such later date mutually agreed to by the Company and Placement Agent but not later than August 15, 2005 (the "Termination Date"); provided, however, that the Offering Period shall in all events terminate upon the sale of all of the Units.

Offering Period. The "Offering Period" shall mean that period during which the Units any Shares are offered for sale, commencing on the date upon which the Memorandum is initially delivered to the Companies for distribution to Investors and continuing until the earlier of (a) the date on which subscriptions for the maximum number of Shares are accepted or (b) March 31, 1999, unless earlier terminated by the Companies, or unless further extended for 120 days by mutual agreement of the Memorandum Companies and continuing for forty-five (45) days thereafterany of the Placement Agents, or such later date mutually agreed to by time which the Company and Placement Agent but not later than August 15, 2005 may extend the Offering without further notice to the Investors (the "Termination Date"); provided, however, that the Offering Period shall in all events terminate upon the sale of all of the Units.

Offering Period. The "Offering Period" shall mean that period during which the Units any Preferred Shares are offered for sale, commencing on the date of upon which the Memorandum and continuing for forty-five (45) days thereafter, or such later date mutually agreed to is initially delivered by the Company for distribution to Investors and Placement Agent but continuing until the earlier of (a) the date on which subscriptions for the maximum number of Preferred Shares, which may or may not later than August 15include the Additional Shares are accepted or (b) July 1, 2005 2001, unless earlier terminated by the Company, or unless extended for 30 days in the sole discretion of the Company (the "Termination Date"); provided, however, that the Offering Period shall in all events terminate upon the sale of all of the Units.

Offering Period. The "Offering Period" shall mean that period during which the Units any shares of Common Stock are offered for sale, commencing on the date of upon which the Memorandum and continuing for forty-five (45) days thereafter, or such later date mutually agreed to is initially delivered by the Company for distribution to Investors and Placement Agent but not later than August 15continuing until the earlier of (a) the date on which subscriptions for the maximum number of shares of Common Stock or (b) July 31, 2005 2001, unless earlier terminated by the Company, or unless extended for 30 days in the sole discretion of the Company (the "Termination Date"); provided, however, that the Offering Period shall in all events terminate upon the sale of all of the Units.