Oversubscriptions Clause Samples
The Oversubscriptions clause governs situations where demand for an offering, such as shares or units in a fund, exceeds the available supply. It typically outlines the process for allocating limited resources among interested parties, which may involve pro-rata distribution, priority rules, or other allocation mechanisms. This clause ensures a fair and transparent method for handling excess demand, preventing disputes and clarifying expectations among participants.
Oversubscriptions. The Company may accept subscriptions from the Flash CF Investors for shares of Flash CF Preferred having an aggregate purchase price in excess of the Target Offering Amount so long as the aggregate purchase price of all subscriptions accepted by the Company in the Offering do not exceed the Maximum Offering Amount. All such subscriptions shall be accepted by the Company through the Platform in the Company’s sole discretion.
Oversubscriptions. The Company may accept subscriptions from the Flash Investors for the Flash Convertible Securities for an aggregate investment amount in excess of the Target Offering Amount so long as the aggregate investment amount of all subscriptions accepted by the Company in the Offering does not exceed the Maximum Offering Amount. All such subscriptions shall be accepted by the Company through the Platform in the Company’s sole discretion.
Oversubscriptions. The Company may accept subscriptions in excess of $3,000,000 at its exclusive option.