Excess Offered Shares definition

Excess Offered Shares. Section 3.4(c)
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Excess Offered Shares. Section 3.4(c) “Exchange Percentage” Section 10.4 “Exchange Shares” Section 10.4 “Exchange Share Shortfall” Section 6.16
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Excess Offered Shares shall have the meaning ascribed to it in Section 4.3 hereof.
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Examples of Excess Offered Shares in a sentence

  • Each Acceptance Notice shall include a statement of (i) the number of the Equity Securities of the Company held by such Offeree on an as- converted basis and (ii) the maximum number of Excess Offered Shares (up to the total number of Offered Shares less such Offeree’s First Refusal Allocation) that such Offeree is willing to purchase, if any.

  • Each Acceptance Notice shall include a statement of (i) the number of Shares held by such Offeree on a non-diluted basis and (ii) the maximum number of Excess Offered Shares (up to the total number of Offered Shares less such Offeree’s First Refusal Allocation) that such Offeree is willing to purchase, if any.


More Definitions of Excess Offered Shares

Excess Offered Shares shall have the meaning set forth in Section 6.4.
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Related to Excess Offered Shares

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Offer Price or Purchase (Public Offer) Price means the sum to be paid by the investor for purchase of one Unit, such price to be determined pursuant to this document.

  • Offered Securities shall have the meaning specified in Section 5.03(b)(ii)(B).

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • Shelf Offering Notice has the meaning set forth in Section 2(d)(ii).

  • Purchase Shares has the meaning set forth in Section 2.5(c).

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • New Securities means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Offered Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Offered Interests has the meaning set forth in Section 8.5(a).

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.