Net Subscription Proceeds definition

Net Subscription Proceeds means the gross proceeds to the Company from the sale of the Preferred Shares less the costs of this Offering and the Sales Fee;
Net Subscription Proceeds means the gross proceeds to the Company from the sale of the Preferred Shares less the costs of this Offering and any sales fees or dealer fees;
Net Subscription Proceeds means the gross proceeds to the Trust from the sale of the Units less the costs of this Offering and any applicable fees;

Examples of Net Subscription Proceeds in a sentence

  • Banco Bilbao Vizcaya Argentaria, S.A. as Counterparty in respect of the Securities (the "Counterparty"), hereby gives notice that, pursuant to Condition 4(b)(i), the Counterparty requests the substitution of the following Charged Assets on [Insert date for substitution]1 (the "Substitution Date"): Cash to be substituted [Insert amount of cash to be substituted in respect of any Net Subscription Proceeds in the Cash Deposit Account or Collateral Securities Redemption Proceeds.

  • Pending the deployment for the uses identified above, the Net Subscription Proceeds and Net Option Proceeds (collectively, the “Net Proceeds”) may be deposited with banks and/or financial institutions or invested in money market instruments and/or securities, or used for any other purpose on a short-term basis, as the Directors may in their absolute discretion deem fit.

  • The term "Net Subscription Proceeds" shall mean the cash proceeds from the issuance and sale of any Participating Shares, less the actual, reasonable direct out-of-pocket expenses of such issuance and sale (including, without limitation, the commission to be paid pursuant to the Subscription Agreement).

  • Notwithstanding the foregoing or anything to the contrary contained herein, in the event that prior to July 31, 2000 Danka PLC or any of its Subsidiaries shall not have received (and paid to the Agent on behalf of the Banks to the extent required by Section 5 above) the Net Subscription Proceeds from the issuance of the Participating Shares pursuant to the Subscription Agreement, all of the provisions of this Seventh Amendment shall be null and void and of no further force and effect.


More Definitions of Net Subscription Proceeds

Net Subscription Proceeds means the gross proceeds to the Trust from the sale of the Units, less the payment of any costs associated with the closing of the offering, including legal expenses, and any other costs.
Net Subscription Proceeds means the Gross Subscription Proceeds minus the Total Agents’ Fee;
Net Subscription Proceeds means the gross proceeds to the Company from the sale of the Preferred Shares less the costs of this Offering; “Offering” means this offering of up to 20,000,000 Preferred Shares;
Net Subscription Proceeds means the gross proceeds to the Corporation from the sale of the Class A Shares less the costs of this Offering and any sales fees;
Net Subscription Proceeds means the Gross Subscription Proceeds minus the Agents’ Fee; “NI 51-102” means National Instrument 51-102 Continuous Disclosure Obligations;
Net Subscription Proceeds means the net proceeds received by the Realty Trust from the issuance of Trust Units and the advance of the Mortgage Loan, after any payment by the Realty Trust directly and pursuant to the Cost Sharing and Recovery Agreement of any Agents’ Commission, fees and expenses and the other expenses of this Offering;
Net Subscription Proceeds means the net proceeds received by the Fund from (i) the issuance of such class of Units pursuant to the applicable offering, minus (ii) the aggregate Agents’ Fee payable in respect of such class of Units, as applicable, provided that if more than one series of a class of Units is issued subsequent to the Closing Date the foregoing calculations will be determined on the basis of each such series;