ADS Offering definition

ADS Offering means the offer by the Company of the New ADSs to Holders on the ADS Record Date made in the Prospectus.

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ADS Offering consists of an offering and sale of American Depositary Shares, each representing two Equity Shares, in the United States, Canada, Japan and certain other selected jurisdictions in the world other than India. The “Indian Offering” consists of a concurrent public offering of Equity Shares in India, subject to the rules and regulations of Securities and Exchange Board of India (“SEBI”) and applicable Indian law and a private placement of Equity Shares in certain other selected jurisdictions in the world other than the United States and Japan. It is understood that:

ADS Offering means the offer by the Company of the New ADSs to Holders on the ADS Record Date made in the Prospectus. ADS Rights Certificate shall mean a transferable rights certificate evidencing ADS Rights, in such form prepared by the ADS Rights Agent after consultation with the Company. Agreement shall mean this Supplemental Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof. Aggregate Payment Amount shall mean to total amount required to be wired to the Company by the ADS Rights Agent to pay the Actual Subscription Price on all New ADSs to be issued in connection with the Offering. Business Day shall mean any day, other than a Saturday or Sunday, that is not a day on which banking institutions are authorized or required by law or regulation to close in New York City or in the City of London. Commission shall mean the United States Securities and Exchange Commission. Cover Letter shall mean the notice provided by the Company to be mailed by the ADS Rights Agent on behalf of the Company to the Holders, in such form as shall be prepared by the Company. Custodian shall mean the Custodian then acting for the Depositary under the Deposit Agreement.

Examples of ADS Offering in a sentence

To make any post-closing filing, notice or undertaking requested or required by any governmental agencies (including the post closing report to be filed with the Reserve Bank of India within 30 days of closing of the ADS Offering) with respect to the transactions contemplated by this Agreement.
Conversion Premium: Approximately 50% above the public offering price per ADS in the ADS Offering.
Certain entities affiliated with one of Sea’s directors are expected to purchase an aggregate of approximately 314,500 ADSs in the ADS Offering at the public offering price and on the same terms as the other ADSs being offered.
Number of ADSs Offered by Sea: 11,000,000 ADSs (or an aggregate of 12,650,000 ADSs if the underwriters of the ADS Offering exercise their option to purchase additional ADSs in full).
Each free writing prospectus identified in Schedule II hereto, as of its issue date and at all subsequent times through the completion of the ADS Offering did not, does not and will not include any information that conflicted, conflicts or will conflict with the information contained in the Registration Statement, the ADS Registration Statement, the Prospectus or any preliminary prospectus.
This Amendment, except for new Sections ------------------------------- 13.9, 13.10 and 16.5, shall become effective upon the consummation of the ADS Offering if, but only if, such offering is completed prior to December 31, 1999.
The Company in the ADS Offering has granted the ADS Offering Underwriters an option to purchase up to an aggregate of [ ] additional ADSs. The Company in the ADS Offering and the ADS Offering Underwriters will be entering into an underwriting agreement with respect to the ADS Offering.
Conduct of this review shall be jointly led by representatives of the District and Association and shall include materials related to student and teacher rights and due process in maintaining order and discipline.
To the extent the Company provides the ADS Rights Agent with the Actual Subscription Price pursuant to Section 9(b) above at or prior to 4:00 P.M. (New York City time) on the Rights Expiration Date, the ADS Rights Agent will endeavor to wire the Actual Subscription Price for all New ADSs timely and properly subscribed in the ADS Offering to the Company’s New York wire instructions at or prior to 6:00 P.M. (New York City time) on the Rights Expiration Date.
CUSIP: ▇▇▇▇▇▇▇▇▇ ISIN: US81141R1005 ADSs Outstanding Immediately after the ADS Offering: 398,329,057 ADSs (or 399,979,057 ADSs if the underwriters of the ADS Offering exercise their option to purchase additional ADSs in full).

More Definitions of ADS Offering

ADS Offering means the offer by the Company of the New ADSs to the holders of ADRs on the register of the Depositary on the Record Date. ADS RIGHTS shall have the meaning ascribed thereto in Article 3 hereof. ADSs shall mean American Depositary Shares, each representing one Ordinary Share. AGREEMENT shall mean this Rights Agency Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof. BANK shall have the meaning ascribed thereto in the introductory statement hereof. COMMISSION shall mean the United States Securities and Exchange Commission. COMPANY shall have the meaning ascribed thereto in the introductory statement hereof. DEPOSIT AGREEMENT shall mean the Deposit Agreement dated as of August 7, 2000, among the Company, the Bank, as Depositary, and all owners and holders from time to time of ADRs issued thereunder. DEPOSITARY shall mean the Bank, as Depositary under the Deposit Agreement.

ADS Offering shall have the meaning ascribed thereto in Recital C of this Agreement.

ADS Offering consists of an offering and sale of American Depositary Shares (“ADSs”), each representing three Equity Shares, in the United States, Canada, Japan and certain other selected jurisdictions in the world other than India. The “Indian Offering” consists of a private placement of Equity Shares by way of a Qualified Institutions Placement under the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 in India and certain other selected jurisdictions in the world other than the United States. It is understood that: The Company and you are entering into this Agreement providing for the purchase by the Underwriters named in Schedule I hereto (the “Underwriters”) of an aggregate of Equity Shares in the form of American Depositary Shares (the “Offered ADSs”). The Company and DSP ▇▇▇▇▇▇▇ ▇▇▇▇▇ Limited, Credit Suisse Securities (India) Private Limited, JM Financial Institutional Securities Limited, ▇.▇. ▇▇▇▇▇▇ India Private Limited, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ India Company Private Limited, Barclays Securities (India) Private Limited, ▇▇▇▇▇▇▇ Sachs (India) Securities Private Limited, Nomura Financial Advisory and Securities (India) Private Limited, UBS Securities India Private Limited (collectively, the “Managers”) are concurrently entering into a placement agreement (the “Indian Placement Agreement”) providing for the placement by the Managers of Equity Shares pursuant to the Indian Offering. The closing of the ADS Offering is conditioned on the closing of the Indian Offering. ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated (“▇▇▇▇▇▇▇ ▇▇▇▇▇”), Credit Suisse Securities (USA) LLC, ▇.▇. ▇▇▇▇▇▇ Securities LLC and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. International plc will act as global coordinators and joint bookrunners (the “Global Coordinators and Joint Bookrunners”) and Barclays Capital Inc., ▇▇▇▇▇▇▇, Sachs & Co., Nomura Securities International, Inc. and UBS Securities LLC will act as joint bookrunners (the “Joint Bookrunners”) for the ADS Offering.