Initial Offering definition

Initial Offering means the initial offering and sale of Common Units to the public, as described in the Registration Statement.

Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.

Initial Offering means the Company's first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.

Examples of Initial Offering in a sentence

• Unless otherwise set forth in the applicable Series Designation, the Managing Member or its Affiliates will, as at the closing of any Initial Offering, hold at least 1.00% of the Interests of the Series being issued pursuant to such Initial Offering.

• Persons acquiring Interests in a manner other than through an Initial Offering or Subsequent Offering or pursuant to a Transfer shall make such Capital Contribution as shall be determined by the Managing Member in its sole discretion.

• No Interests shall entitle any Member to any preemptive, preferential or similar rights unless such preemptive, preferential or similar rights are set forth in the applicable Series Designation on or prior to the date of the Initial Offering of any interests of such Series (the designation of such preemptive, preferential or similar rights with respect to a Series in the Series Designation, or the Interest Designation).

• Persons acquiring Interests through an Initial Offering or Subsequent Offering shall make a Capital Contribution to the Company in an amount equal to the per Interest price determined in connection with such Initial Offering or Subsequent Offering and multiplied by the number of Interests acquired by such Person in such Initial Offering or Subsequent Offering, as applicable.

More Definitions of Initial Offering

Initial Offering means the first issuance and sale for cash of Common Shares of the Company to any Person other than an Affiliate of the Company pursuant to (i) a public offering registered under the Securities Act or (ii) a private offering or offering qualified, as applicable, in accordance with Rule 144A, Regulation A, Regulation D or Regulation S of the Securities Act.

Initial Offering means the first offering or private placement and issuance of any Series, other than the issuance to the Initial Member.

Initial Offering means the acceptance of the initial subscription for Shares of the Company by Persons that are not Affiliates of the Manager.

Initial Offering means the initial offering and sale of Common Units to the public, as described in the Registration Statement, including the offering and any sale of Common Units pursuant to the Over-Allotment Option.

Initial Offering means the Company’s first public offering of its Common Stock registered under the Securities Act.

Initial Offering means the Company’s first firm commitment underwritten public offering of its shares of Common Stock or equivalent equity security registered under the Securities Act having an aggregate offering price to the public of at least $8,000,000.

Initial Offering means the initial public offering of common units representing limited partner interests in MLP.