Common use of Option to Purchase Optional Shares Clause in Contracts

Option to Purchase Optional Shares. (a) For the purposes of covering any overallotments in connection with the distribution and sale of the Offered Shares as contemplated by the Prospectus as defined below, the Representatives are hereby granted an option to purchase for their own accounts, and not as representatives of the Underwriters, all or any part of the Optional Shares from the Company. The purchase price to be paid for the Optional Shares will be the same price per Optional Share as the price per Offered Share set forth in Section 1 hereof. The option granted hereby may be exercised by the Representatives as to all or any part of the Optional Shares at any time within 45 days after the Effective Date. The Representatives will not be under any obligation to purchase any Optional Shares prior to the exercise of such option.

Option to Purchase Optional Shares. (a) For On the basis of the representations and warranties and subject to the terms and conditions set forth herein, for the purposes of covering any overallotments in connection with the distribution and sale of the Offered Shares as contemplated by the Prospectus as defined below, the Representatives are hereby granted an option to purchase for their own accounts, and not as representatives of the Underwriters, all or any part of the Optional Shares from the Company. The purchase price to be paid for the Optional Shares will be the same price per Optional Share as the price per Offered Share set forth in Section 1 hereof. The option granted hereby may be exercised by the Representatives as to all or any part of the Optional Shares at any time within 45 days after the Effective Date. The Representatives will not be under any obligation to purchase any Optional Shares prior to the exercise of such option.

Option to Purchase Optional Shares. (a) For the purposes of covering any overallotments in connection with the distribution and sale of the Offered Shares as contemplated by the Prospectus as defined below, the Representatives are Representative is hereby granted an option to purchase for their its own accounts, and not as representatives representative of the Underwriters, all or any part of the Optional Shares from the Company. The purchase price to be paid for the Optional Shares will be the same price per Optional Share as the price per Offered Share set forth in Section 1 hereof. The option granted hereby may be exercised by the Representatives Representative as to all or any part of the Optional Shares at any time within 45 days after the Effective Date. The Representatives Representative will not be under any obligation to purchase any Optional Shares prior to the exercise of such option.

Option to Purchase Optional Shares. (a) For the purposes of covering any overallotments over-allotments in connection with the distribution and sale of the Offered Shares as contemplated by the Prospectus as defined below, the Representatives are Representative is hereby granted an option to purchase for their its own accountsaccount, and not as representatives representative of the Underwriters, all or any part of the Optional Shares from the Company. The purchase price to be paid for the Optional Shares will be the same price per Optional Share as the price per Offered Share set forth in Section 1 hereof. The option granted hereby may be exercised by the Representatives Representative as to all or any part of the Optional Shares at any time within 45 days after the Effective Date. The Representatives Representative will not be under any obligation to purchase any Optional Shares prior to the exercise of such option.

Option to Purchase Optional Shares. (a) For the purposes of covering any overallotments over-allotments in connection with the distribution and sale of the Offered Shares as contemplated by the Prospectus as defined below, the Representatives are hereby granted an option to purchase for their own accounts, and not as representatives of the Underwriters, all or any part of the Optional Shares from the Company. The purchase price to be paid for the Optional Shares will be the same price per Optional Share as the price per Offered Share set forth in Section 1 hereof. The option granted hereby may be exercised by the Representatives as to all or any part of the Optional Shares at any time within 45 days after the Effective Date. The Representatives will not be under any obligation to purchase any Optional Shares prior to the exercise of such option.