Free Placement definition

Free Placement means the placement process of those Securities not subscribed in the First Round Without Payment in Kind or the Second Round with Payment in Kind, which may be freely subscribed by the Investors in general, from the business day immediately following that in which the term of the First Round Without Payment in Kind or the Second Round with Payment in Kind expires.
Free Placement means the Securities not subscribed in the First Round, that may be freely subscribed by Investors in general, on the business day immediately following that on which the First Round expires.
Free Placement means the placement process of those Securities not subscribed in the First Round without Payment in Kind or the Second Round with Payment in Kind, which may be freely subscribed by the Investors in general, from the business day immediately following that in which the term of the First Round without Payment in Kind or the Second Round with Payment in Kind expired.