Examples of Greenshoe Option in a sentence
The Greenshoe Option was not exercised by Banco UBS Pactual S.A. (Manager) within 34 days as of the date of Announcement of Commencement, inclusive.
Succesful Bidder(s) intending to execute PPA for the Greenshoe Capacity shall have to meet the eligibility creteria for the capacity intended to be entered into PPA under Greenshoe Option.
Greenshoe capacity shall be allocated in proportion of capacity allotted to the successful bidders in the reverse auction and willing to offer additional capacity under Greenshoe Option.
The Greenshoe Option may only be exercised during the Stabilization Period and will terminate 30 calendar days after the commencement of trading of the Company’s shares (expected to take place on February 15, 2018).The Stabilization Manager, acting for the account of the Underwriters, is entitled to exercise the Greenshoe Option to the extent Over-Allotment Shares are allocated to investors in the Private Placement.
The terms & conditions as well as obligations & rights of Successful Bidder(s) as well as GUVNL shall be identical for additional capacity allocated under the Greenshoe Option as for the base capacity of 500 MW under this RfS.