Initial Offers definition

Initial Offers means the limit sell orders created and placed on the List of Orders by the authorized issuer on behalf of the Company to issue new Shares of the relevant Class at a specific offer price (Price of Paid) with a specific amount (Par Value and Paid Value) and the available hours thereof, in accordance with the relevant Listing Rule, which shall also set forth other necessary elements of a capital increase deal, such as Voting Weight and Distribution Weight.
View Source
Initial Offers has the meaning defined in Section 4.5.2.
View Source

Examples of Initial Offers in a sentence

  • Upon receipt of both of the Initial Offers, the Chief Executive Officer shall deliver the Initial Offer submitted by Holdings to CPP and shall deliver the Initial Offer submitted by CPP to Holdings.

  • If more than one Bidding Partner timely makes an Initial Offer, each such Bidding Partner must respond within fifteen (15) days of the last day of the 15-day period for submitting such Initial Offers either by accepting the highest of such Initial Offers or delivering a counteroffer to purchase the Interests of the other Partners.

  • If more than one Bidding Partner timely makes an Initial Offer, each such Bidding Partner must respond within fifteen (15) days of the last day of the 15-day period for submitting such Initial Offers either by accepting the highest of such Initial Offers or delivering a counterof-fer to purchase the Interests of the other Partners.

  • Each of the Partners may make an offer to purchase the Interest of the other Partner, which offer may not be less than the Net Equity of the Interest to be purchased and shall be made within fifteen (15) days of the last day for submission of the Initial Offers.

  • Communications by telecopier also shall be sent concurrently by first class mail or nationally recognized overnight courier, but shall in any event be effective as stated above; provided, however, that any and all Initial Offers, First Additional Offers and Second Additional Offers delivered by the Company to the Members pursuant to Section 4.02(a) shall be delivered both by telecopier and by nationally recognized overnight courier.

Related to Initial Offers

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