Minimum Offering Notice definition

Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.
Minimum Offering Notice means a written notification, signed by SI Securities, pursuant to which the SI Securities shall represent that, to its actual knowledge, all Closing Conditions have been met.
Minimum Offering Notice means a written notification, signed by Agent, which shall specify that subscriptions for the Minimum Offering have been received; that, to the best of Agent’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Units equal to or greater than the Minimum Offering have been received, deposited with and collected by Escrow Agent; and that such subscriptions have not been withdrawn, rejected or otherwise terminated. “Pro Rata Basis,” with respect to the allocation among Subscribers of interest and other earnings held in the Escrow Funds, shall mean, for each Subscriber, the Subscriber’s Cash Investment multiplied by the number of days the Cash Investment of such Subscriber was held in interest-bearing investments pursuant to Section 6 hereof, multiplied by the average yield earned on the Escrow Funds during such period of days.

Examples of Minimum Offering Notice in a sentence

  • Notwithstanding anything to the contrary contained herein, if Escrow Agent shall not have received a Minimum Offering Notice on or before the Expiration Date, Escrow Agent shall, within three (3) business days after such Expiration Date and without any further instruction or direction from Broker or Issuer, return to each Subscriber, by ACH, the Cash Investment made by such Subscriber.


More Definitions of Minimum Offering Notice

Minimum Offering Notice means, if applicable to an Offering, a written notification in a form acceptable to NCPS and signed by Issuer Party representing to NCPS that: (i) subscriptions for at least the Minimum Offering have been received by Issuer; (ii) to the best of Issuer Party’s knowledge after due inquiry and review of Issuer Party’s records, Cash Investment Instruments in full payment for that number of Securities equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS; (iii) such subscriptions have not been withdrawn, rejected or otherwise terminated; and (iv) Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.
Minimum Offering Notice means a written notification, signed by the Issuer, which shall specify that: (a) subscriptions for the Minimum Offering have been received and accepted; and (b) such subscriptions have not been withdrawn, rejected or otherwise terminated.
Minimum Offering Notice means a written notification to the Escrow Agent by Company which shall specify that subscriptions for the Minimum Offering have been received; that, Cash Investment Instruments in full payment for that amount of Debentures equal to or greater than the Minimum Offering have been received, deposited with and collected by Escrow Agent; and that such subscriptions have not been withdrawn, rejected or otherwise terminated.
Minimum Offering Notice means, if applicable to an Offering, a written notification in a form acceptable to NCPS and signed by Issuer Party representing to NCPS that:
Minimum Offering Notice means, if applicable to an Offering, a written notification in a form acceptable to NCPS and signed by Issuer Party representing to NCPS that: (i) subscriptions for at least the Minimum Offering have been received by Issuer; (ii) to the best of Issuer Party's knowledge after due inquiry and review of Issuer Party's records, Cash Investment Instruments in full payment for that number of Securities equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS; (iii) such subscriptions have not been withdrawn, rejected or otherwise terminated; and (iv) Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired. "NACHA" means National Automated Clearing House Association. "Subscription Accounting" means an accounting of all subscriptions for Securities received and accepted by Issuer Party as of the date of such accounting, indicating for each subscription Subscriber's name and address, the number and total purchase price of subscribed Securities, the date of receipt by Issuer of the Cash Investment Instrument and notations of any nonpayment of the Cash Investment Instrument submitted with such subscription, any withdrawal of such subscription by Subscriber, any rejection of such subscription by Issuer Party or other termination, for whatever reason, of such subscription.
Minimum Offering Notice means a joint written instruction, signed by both the Company and the Placement Agent as to the disbursement of funds in accordance with Section 1.3, setting forth the Closing Date and pursuant to which the Placement Agent shall represent and warrant that, to its actual knowledge, each of the closing conditions have been complied with.
Minimum Offering Notice means a written notification, signed by Placement Agent and the Sellers, pursuant to which the Placement Agent and the Sellers shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (3) that the Investors have no statutory or regulatory rights of rescission without cause or all such rights have expired.