Gross Spread definition

Gross Spread means the difference between the Gross Proceeds and the Initial Purchasers’ Aggregate Purchase Price, (3) “Initial Purchasers’ Aggregate Purchase Price” means the aggregate purchase price to be paid for all the Securities by the Initial Purchasers pursuant hereto (not including such interest, if any) and (4) “Pro Rata Share” of each Initial Purchaser means a fraction, the numerator of which is the aggregate principal amount of Securities purchased by such Initial Purchaser pursuant hereto, and the denominator of which is the aggregate principal amount of all the Securities purchased and sold pursuant hereto.

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Gross Spread means [-]% of the Public Offering Price. Settlement between the Representative and the Brazilian Coordinators with respect to any ADSs or Preferred Shares transferred hereunder at least three business days prior to the Closing Date shall be made on the Closing Date and, in the case of purchases and sales made thereafter, shall be made as promptly as practicable but in no event later than three business days after the transfer date. ADSs and Preferred Shares so purchased shall be delivered on or about the respective settlement dates. The liability for payment to the Company and the Selling Shareholder of the purchase price of the ADSs and Preferred Shares being purchased by the International Underwriters and the Brazilian Underwriters under the Underwriting Agreements shall not be affected by the provisions of this Agreement. Each International Underwriter, acting through the Representative, agrees that, except for purchases and sales pursuant to this Agreement and stabilization transactions conducted through the Representative, as contemplated hereunder, it has not offered, sold or delivered and will not offer, sell or deliver ADSs, directly or indirectly, to any person whom it believes to be a Brazilian Person (as such term is defined below) or to any person whom it believes intends to reoffer, resell or deliver the same, directly or indirectly, to any Brazilian Person, and any bank, broker or dealer to whom such International Underwriter may sell ADSs will agree that it will not offer, resell or deliver ADSs directly or indirectly to any person whom such bank, broker or dealer believes to be a Brazilian Person or in connection with a reallowance to any bank, broker or dealer which does not so agree. Each Brazilian Underwriter, acting through the Brazilian Coordinators, agrees that, except for purchases and sales pursuant to this Agreement and stabilization transactions conducted through Banco Morgan Stanley Dean Witter S.A. (the "Local Representative") as contemplated hereunder, it has offered and sold and will offer, sell and deliver Preferred Shares, directly or indirectly, only to persons whom it believes to be Brazilian Persons and persons whom it believes intend to reoffer, resell or deliver the same, directly or indirectly, to Brazilian Persons, and any bank, broker or dealer to whom such Brazilian Underwriter may sell Preferred Shares will agree that it will only offer, resell and deliver Preferred Shares directly or indirectly to persons whom suc...

Gross Spread means [ ]% of the Public Offering Price.

Examples of Gross Spread in a sentence

Minimum denominations of $5,000 and multiples of $1,000 in excess thereof Price to Public: 99.992 % Gross Spread: 0.45% Net Proceeds to Issuer: $497,710,000, after underwriting commission Listing: None CUSIP/ISIN: 867914 AZ6 / US867914AZ63 Joint Book-Runners: SunTrust ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Inc.
Public Offering Price: $3.80 per share Number of Firm Shares: 21,000,000 Number of Option Shares: 3,150,000 Gross Spread: $0.228 per share List of Individuals and Entities Executing Lock-Up Agreements • ▇▇▇▇▇▇▇ ▇.
Minimum denominations of $5,000 and multiples of $1,000 in excess thereof Price to Public: 99.992 % Gross Spread: 0.45% Purchase Price: $497,710,000 Listing: None CUSIP/ISIN: 867914 AZ6 / US867914AZ63 Joint Book-Runners: SunTrust ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Inc.
Allocation: $2,000 Increments: $1,000 Gross Spread: 2.75% Book-Runners: Credit Suisse Securities (USA) LLC 41.25% UBS Securities LLC 38.75% G▇▇▇▇▇▇, S▇▇▇▇ & Co. 15.00% CoManagers: P▇▇▇▇ ▇▇▇▇▇▇▇ & Co. 5.00% Other: Supplement Information to follow.
CUSIP / ISIN: ▇▇▇▇▇▇▇▇▇ / US05508WAB19 Ratings:* B2 (▇▇▇▇▇’▇) / B+ (S&P) Gross Spread: 1.125% Joint Bookrunning Managers: Barclays Capital Inc.
Denominations: Minimum denominations of $5,000 and multiples of $1,000 in excess thereof Price to Public: 99.665% Gross Spread: 0.300% Purchase Price: $496,825,000 Listing: None CUSIP/ISIN: ▇▇▇▇▇▇▇▇▇ / US867914BB86 Joint Book-Runners: SunTrust ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Inc.
Gross Spread: 0.350% Use of Proceeds: Additional Notes: The net proceeds of this offering are estimated to be approximately $497.5 million.
Dividend Rate: 6.45% Gross Spread: 2.00% Price to Public: $75,000,000 Underwriting Fee: $1,500,000 Net Proceeds: $73,500,000 CUSIP: 29364D 78 7 Joint Bookrunners: ▇▇▇▇▇▇ Brothers Inc.
Denomination: $25 per note and integral multiples thereof Listing: New York Stock Exchange Gross Spread: 3.15% Price to Public: 100.00% Purchase Price 96.85% Joint Book-Runners: Banc of America Securities LLC (Physical Books) Citi UBS Investment Bank Wachovia Securities CUSIP: ▇▇▇▇▇▇▇▇▇ THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) FOR THIS OFFERING.
NASDAQ Symbol: LQDT Offer Price: [_____] Gross Spread : [_____] Selling Concession : [_____] Underwriting Fee : [_____] Management Fee: [_____] Reallowance : [_____] Trade Date : [_____] Settlement Date : [_____] Cusip : ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇.

More Definitions of Gross Spread

Gross Spread means [ ]% of the Public Offering Price. Settlement between the Representatives and the Brazilian Coordinators with respect to any ADSs or Preferred Shares transferred hereunder at least three business days prior to the Closing Date shall be made on the Closing Date and, in the case of purchases and sales made thereafter, shall be made as promptly as practicable but in no event later than three business days after the transfer date. ADSs and Preferred Shares so purchased shall be delivered on or about the respective settlement dates. The liability for payment to the Company and the Selling Shareholder of the purchase price of the ADSs and Preferred Shares being purchased by the International Underwriters and the Brazilian Underwriters under the Underwriting Agreements shall not be affected by the provisions of this Agreement. Each International Underwriter, acting through the Representatives, agrees that, except for purchases and sales pursuant to this Agreement and stabilization transactions conducted through ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated, as contemplated hereunder, it has not offered, sold or delivered and will not offer, sell or deliver ADSs, directly or indirectly, to any person whom it believes to be a Brazilian Person (as such term is defined below) or to any person whom it believes intends to reoffer, resell or deliver the same, directly or indirectly, to any Brazilian Person, and any bank, broker or dealer to whom such International Underwriter may sell ADSs will agree that it will not offer, resell or deliver ADSs directly or indirectly to any person whom such bank, broker or dealer believes to be a Brazilian Person or in connection with a reallowance to any bank, broker or dealer which does not so agree. Each Brazilian Underwriter, acting through the Brazilian Coordinators, agrees that, except for purchases and sales pursuant to this Agreement and stabilization transactions conducted by Banco ▇▇▇▇▇▇▇ ▇▇▇▇▇ de Investimentos S.A. through ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇.▇. Corretora de Títulos e Valores Mobiliários (the “Local Representative”) as contemplated hereunder, it has offered and sold and will offer, sell and deliver Preferred Shares, directly or indirectly, only to persons whom it believes to be Brazilian Persons and persons whom it believes intend to reoffer, resell or deliver the same, directly or indirectly, to Brazilian Persons, and any bank, broker or dealer to whom such Brazilian Underwriter may sell Preferred Shares will agree ...

Gross Spread means the product of (a) the difference between (i) the Trading Price of the Company's Common Stock on the Bonus Determination Date and (ii) the exercise price of the stock options in question and (b) the number of such stock options.