Direct Offering definition

Direct Offering means the offering of REIT Shares under the Securities Act directly by the Company pursuant to those certain subscription agreements between the Company and each of the purchasers named therein.
Direct Offering means the Company's sale on July 31, 1997 of an aggregate of 87,800 shares of Common Stock to certain directors, officers and employees of the Company.
Direct Offering means the 187,500 Units to be offered by the Company to MGS Partners, LLC or any other Insider concurrently with the Units to be issued by the Company in the IPO.

Examples of Direct Offering in a sentence

  • The Company also agrees that no Placement Agent shall have any liability (whether direct or indirect, in contract or tort or otherwise) to the Company for or in connection with the Direct Offering, except for any such liability for losses, claims, damages or liabilities with respect to clause (i) above incurred by the Company that are finally judicially determined to have resulted from the bad faith or gross negligence of such Placement Agent.

  • All of the Contracts to which the Company is a party are legal, valid, binding, enforceable and in full force and effect and will not be terminated on or after the Closing Date as a result of the failure to obtain any consents to the Acquisition contemplated hereby, except for the Equitable Exceptions.

  • Each Purchaser acknowledges that it is aware that the Company is conducting the Registered Direct Offering and Concurrent PIPE concurrently with the offering of the Securities to the Purchasers pursuant to this Agreement.

  • Such registration statement may include shares of Common Stock issued, and shares of Common Stock issuable pursuant to warrants and prefunded Common Stock purchase warrants issued in the concurrent private placement portion of the Registered Direct Offering and Concurrent PIPE.

  • The relative benefits received by the Company, on the one hand, and the Placement Agents, on the other hand, in connection with the Direct Offering of the Shares shall be deemed to be in the same respective proportions as the net proceeds from the Direct Offering of the Shares (before deducting expenses) received by the Company and the total Placement Fee received by the Placement Agents bear to the aggregate public offering price of the Shares set forth in the Prospectus.

  • For purposes hereof, neither an Underwritten Offering nor a Registered Direct Offering shall be considered consummated until at least the Minimum Number of shares of WR Common Stock have been sold pursuant to such Underwritten Offering or Registered Direct Offering or otherwise.

  • The Company shall include in the Shelf Registration Statement a plan of distribution that includes possible distribution under an Underwritten Offering, a Registered Direct Offering and such other method of sale or distribution as is reasonably requested by the Receiver and not otherwise prohibited by this Agreement.

  • The Partnership also agrees that no Placement Agent shall have any liability (whether direct or indirect, in contract or tort or otherwise) to the Partnership for or in connection with the Direct Offering, except for any such liability for losses, claims, damages or liabilities with respect to clause (i) above incurred by the Partnership that are finally judicially determined to have resulted from the bad faith or gross negligence of such Placement Agent.

  • Unless otherwise agreed to by the Receiver and the Company, the underwriter or placement agent chosen by the Receiver on the one hand and the Company on the other shall be joint bookrunners for the Underwritten Offering or Registered Direct Offering, with the underwriter or placement agent chosen by the Receiver to have 50% of the decision-making authority among the joint bookrunners.

  • Settlement date: April 8, 2019 Price to the Underwriters: $0.658 per Unit Gross Proceeds From Concurrent Registered Direct Offering: $1,000,000 Ladenburg ▇▇▇▇▇▇▇▇ & Co. Inc.