Greenshoe definition

Greenshoe has the meaning set forth in Section 1.3 of this Agreement.

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Greenshoe means, collectively, the Common Stock greenshoe purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Greenshoes shall be initially exercisable on the six month anniversary of issuance and have a term of exercise equal to 6 months and one week, in the form of Exhibit A attached hereto.

Greenshoe means the option to purchase additional common units granted to the Underwriters by Propylene Holdings pursuant to the Underwriting Agreement.

Examples of Greenshoe in a sentence

• Any additional investment in the Greenshoe Securities shall be on terms identical to those set forth in the Transaction Documents, mutatis mutandis.

• In order to effectuate a purchase and sale of the Greenshoe Securities, the Company and the Purchasers shall enter into a Securities Purchase Agreement identical to this Agreement, mutatis mutandis and shall include updated disclosure schedules.

• Subject to compliance with Section 4(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Greenshoe or Greenshoes in exchange for the Greenshoe or Greenshoes to be divided or combined in accordance with such notice.

• In any case, the number of outstanding shares of Common Stock shall be determined after giving effect to the conversion or exercise of securities of the Company, including this Greenshoe, by the Holder or its Affiliates since the date as of which such number of outstanding shares of Common Stock was reported.

• The limitations contained in this paragraph shall apply to a successor holder of this Greenshoe.

• This Greenshoe may be modified or amended or the provisions hereof waived with the written consent of the Company and the Holder.

• The Company agrees that monetary damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Greenshoe and hereby agrees to waive and not to assert the defense in any action for specific performance that a remedy at law would be adequate.

• This Greenshoe and all rights hereunder (including, without limitation, any registration rights) are transferable, in whole or in part, upon surrender of this Greenshoe at the principal office of the Company or its designated agent, together with a written assignment of this Greenshoe substantially in the form attached hereto duly executed by the Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the making of such transfer.

• The Company covenants that, during the period the Greenshoe is outstanding, it will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for the issuance of the Greenshoe Shares upon the exercise of any purchase rights under this Greenshoe.

• The Company shall register this Greenshoe, upon records to be maintained by the Company for that purpose (the “Greenshoe Register”), in the name of the record Holder hereof from time to time.

More Definitions of Greenshoe

Greenshoe means the exercise by the underwriters of the Company’s IPO of its over-allotment option to sell to the public additional shares of Company Common Stock.

Greenshoe means a provision contained in a programme agreement that gives the arranger or dealer the right to sell investors more debt securities than originally planned by the issuer where the demand for the debt securities proves higher than expected;

Greenshoe means, collectively, the Common Stock Greenshoe Warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, in the form of Exhibit A attached hereto.