Examples of Covered Offering in a sentence
Customers who have purchased a Platinum Service Plan may be entitled to receive certain additional benefits relating to the specific type of Covered Offering that they have purchased, as set out in the Platinum Service Plan Documentation.
The completed application package is reviewed for preliminary eligibility by the program coordinator and priority is assigned based on program criteria.
The price per share payable by the Subscriber for Contingent Shares (the “Effective Price”) shall be the lesser of $1.75 and the lowest per share price paid by Other Investors for shares of Common Stock in any Covered Offering (not including the exercise or conversion price of any Common Stock equivalents sold in such Covered Offering).
To the extent that the Company has raised capital through the sale of its securities pursuant to one or more Covered Offerings, the Company shall, no later than three Business Days after March 29, 2010, deliver to the Subscriber a notice (the “Contingent Purchase Notice”) describing the terms of each Covered Offering and stating the aggregate and individual number of shares of Common Stock purchased by Other Investors in Covered Offerings, the Contingent Purchase Price and the Effective Price.
As of the date of this Agreement, 26,000,243 shares of Buyer Common Stock are issued and outstanding, and no shares of preferred stock are issued or outstanding (not including shares of Buyer Common Stock to be issued pursuant to this Agreement, the Subscription Agreement or upon the closing of any Covered Offering that occurs on such date).
The number of additional Common Shares issuable to each such Purchaser upon a Subsequent Covered Issuance shall be calculated as follows: N = S x (1.63 - P) P Where: N = the number of additional Common Shares to be issued; S = the number of Shares such Purchaser purchased pursuant to this Agreement; and P = the price per share of the Common Shares sold in the Subsequent Covered Offering.
The Original Proposal would have required that members and associated persons that offer or sell any applicable private placement (‘‘Covered Offering’’), or participate in the preparation of a private placement memorandum (‘‘PPM’’), term sheet, or other disclosure document in connection with any Covered Offering, disclose to each investor prior to sale the anticipated use of offering proceeds, and the amount and type of offering expenses and offering compensation.
Notwithstanding the foregoing, to the extent that Streamline sells, licenses or otherwise provides Covered Offerings in combination with other products and services that do not constitute Covered Offerings (“Bundled Offerings”), Streamline agrees that, for purposes of calculating Net Attributable Revenues, it shall allocate the gross revenues received for Bundled Offerings in a manner that reasonably and fairly accounts for the value that the Covered Offering contributes to the Bundled Offering as a whole.
In particular, a member would still be obligated to file with FINRA any disclosure document used in the Covered Offering containing the requisite information about proceeds, expenses, and compensation; however, if no such disclosure document existed, the member would not be required to generate a notice document containing the requisite information.
Capitalized terms not defined herein have the meanings given to them in the General Terms or the applicable Covered Offering Schedule.