Best efforts offering definition

Best efforts offering means an offering of securities by members of a selling group under an agreement that imposes no financial commitment on the
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Best efforts offering means an offering of securities by members of a selling group under an agreement that imposes no financial commitment on the members of such group to purchase any such securities except as they may elect to do so.
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Best efforts offering means the offering of Shares as contemplated under Section 6.1 of the Plan.
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Examples of Best efforts offering in a sentence

  • You may use the following descriptions of under- writing arrangements where appro- priate:Example A: Best efforts offering.

  • Best efforts offering The Shares are being offering on a “best efforts, no minimum, $75,000,000 maximum basis.

  • You mayuse the following descriptions of underwriting arrangements where appropriate:Example A: Best efforts offering.

  • Best efforts offering: We are offering shares on a “best efforts” basis through our Chief Executive Officer, Mr. Woods-Leo, who will not receive any discounts or commissions for selling the shares.

  • Best efforts offering: We are offering Units on a “best efforts” basis through our Chief Executive Officer, Ralph Riehl, who will not receive any discounts or commissions for selling the Units, including the Remaining Units.

  • Best efforts offering This involves a dealer using commercially reasonable efforts to market the securities as an agent of the issuer and the dealer not making any commitment to buy the offered securities themselves.

  • Best efforts offering participants will only be able to buy shares of common stock if policyholders, officers and directors buy less than the maximum number of shares in the subscription offering.


More Definitions of Best efforts offering

Best efforts offering shall have the meaning ascribed to such term on the face page of this Subscription Agreement.
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Related to Best efforts offering

  • Best Efforts the efforts that a prudent Person desirous of achieving a result would use in similar circumstances to ensure that such result is achieved as expeditiously as possible; provided, however, that an obligation to use Best Efforts under this Agreement does not require the Person subject to that obligation to take actions that would result in a materially adverse change in the benefits to such Person of this Agreement and the Contemplated Transactions.

  • Reasonable Efforts means, with respect to any action required to be made, attempted, or taken by an Interconnection Party or by a Construction Party under Tariff, Part IV or Tariff, Part VI, an Interconnection Service Agreement, or a Construction Service Agreement, such efforts as are timely and consistent with Good Utility Practice and with efforts that such party would undertake for the protection of its own interests. Regional Entity:

  • Rule 415 Offering means an offering on a delayed or continuous basis pursuant to Rule 415 (or any successor rule to similar effect) promulgated under the Securities Act.

  • Form S-1 Shelf shall have the meaning given in Section 2.1.1.

  • Rights Offering has the meaning set forth in Section 4.1(b);

  • Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Shelf Offering has the meaning set forth in Section 1(d)(i).

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Form S-3 Shelf shall have the meaning given in Section 2.1.1.

  • Commercially Reasonable Efforts means efforts which are designed to enable a Party, directly or indirectly, to satisfy a condition to, or otherwise assist in the consummation of, the transactions contemplated by this Agreement and which do not require the performing Party to expend any funds or assume liabilities, other than expenditures and liabilities which are reasonable in nature and amount in the context of the transactions contemplated by this Agreement.

  • Demand Registration Statement has the meaning set forth in Section 2.01(a).

  • Secondary Offering means an offering of securities of a publicly traded company that prior to the offering were not registered under the Securities Act of 1933, as amended.

  • Initial Public Offering means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Underwritten Offering Notice has the meaning set forth in Section 2(b).

  • Offering Notice shall have the meaning set out in Section 3.1;

  • IPO means the Company’s first underwritten public offering of its Common Stock under the Securities Act.

  • Piggyback Registration Statement has the meaning set forth in Section 3(a).

  • Registration Statement means any registration statement that covers the Registrable Securities pursuant to the provisions of this Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements to such registration statement, and all exhibits to and all material incorporated by reference in such registration statement.

  • Exchange Offer Registration Period means the one-year period following the consummation of the Registered Exchange Offer, exclusive of any period during which any stop order shall be in effect suspending the effectiveness of the Exchange Offer Registration Statement.

  • Form S-4 Registration Statement means the registration statement on Form S-4 to be filed with the SEC by Parent in connection with issuance of Parent Common Stock in the Merger, as said registration statement may be amended prior to the time it is declared effective by the SEC.

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.

  • Registration Period shall have the meaning specified in Section 5(C), below.