Maximum Subscription Amount definition
Examples of Maximum Subscription Amount in a sentence
The option may be exercised in whole or in part at any time on or before the 45th day after the Company has sold the Maximum Subscription Amount, upon written notice by the Underwriter to the Company no later than 12:00 noon, New York City time, at least two business days before the closing (the “Option Closing”) for the Over-Subscription Shares (the “Option Closing Date”).
If the Maximum Subscription Amount has not been sold, the option for Over-Subscription Shares may not be exercised.
For each Subscriber the number of its Equity Support Shares shall be a pro rata portion of the Total Shaolin Shares, based on the ratio that the Maximum Subscription Amount of such Subscriber bears to the Total Maximum Subscription Amount.
This Agreement and the Development and Operational Agreement constitute the entire agreement between the parties hereto with respect to the subject matter hereof, and supersede any and all prior agreements, understandings, promises, and representations concerning the subject matter hereof and the terms applicable thereto.
If the Maximum Subscription Amount has not been sold, the option for Over-Subscription Shares and/or Over-Subscription Warrants may not be exercised.