Offering Range definition

Offering Range means any Dollar amount between the Offering Maximum and the Offering Minimum.
Offering Range means the range of the estimated pro forma market value of the shares of Common Stock to be offered and sold in the Offerings pursuant to this Stock Plan (in establishing the Offering Range, the SHC’s board of directors may elect to fix the price per share of the shares offered hereby and establish a range of the number of shares of Common Stock to be offered and sold in the Offerings).
Offering Range means the range of dollar amounts extending from and including an amount equal to the Minority Percentage times the Minimum of the Valuation Range to and including an amount equal to the Minority Percentage times the Maximum of the Valuation Range.

Examples of Offering Range in a sentence

  • The number of shares to be offered or Offering Range may be subsequently adjusted at or immediately subsequent to the completion of the Minority Stock Offering for any reason, including a change in the appraisal.

  • All such purchases are subject to the maximum and minimum purchase limitations specified in Section 11 and are exclusive of an increase in the total number of shares issued due to an increase in the maximum of the Offering Range of up to 15%.

  • The number of shares to be issued will be on a minimum-maximum basis within a range determined by the Board of Directors (the "Offering Range") and may be adjusted at or immediately subsequent to the completion of the Minority Stock Offering without notifying Participants and without a resolicitation of subscriptions.

  • In the Syndicated Community Offering, if any, any person together with any Associate or group of persons Acting in Concert may purchase up to the maximum purchase limitation established for the Community Offering, subject to the maximum and minimum purchase limitations specified in Section 11 and exclusive of an increase in the total number of shares issued due to an increase in the maximum of the Offering Range of up to 15%.

  • Such subscription is subject to the maximum purchase limitation specified in Section 4.10(b) and the minimum purchase limitation in Section 4.10(e) and exclusive of an increase in the total number of shares issued due to an increase in the Offering Range of up to 15%.

  • The number of shares to be issued will be on a minimum-maximum basis within a range determined by the Board of Directors (the "Offering Range") and may be adjusted at or immediately subsequent to the completion of the Stock Offering without notifying Participants and without a resolicitation of subscriptions.

  • The number of shares to be offered or Offering Range may be subsequently adjusted at or immediately subsequent to the completion of the Stock Offering for any reason, including a change in the appraisal.

  • Based upon the independent valuation, the Boards of Directors of the Primary Parties shall fix the Initial Purchase Price and the number (or range) of shares of Conversion Stock ("Offering Range") to be offered in the Offerings.

  • Based upon the independent valuation, the Initial Purchase Price and the number (or range) of shares of Conversion Stock ("Offering Range") to be offered in the Offerings shall be established.

  • The maximum amount of Common Stock that any Person may purchase in the Community Offering, subject to the further limitations of Section 11 hereof (and exclusive of an increase in the total number of shares issued due to an increase in the Maximum of the Offering Range of up to 15%), shall not exceed $500,000.


More Definitions of Offering Range

Offering Range means the range of the minimum and maximum aggregate values determined by the Board of Managers of the Bank within which the aggregate offering price of Common Stock sold in the Reorganization will fall. The Offering Range will be within the estimated aggregate pro forma market value of the Common Stock, as determined by the Independent Appraiser in accordance with Section 4.03. The maximum of the Offering Range shall be no more than 15% above the average of the minimum and maximum of such range and the minimum of which shall be no more than 15% below such average.
Offering Range means the range of the minimum and maximum aggregate values determined by the Boards of Trustees or Directors of the Primary Parties within which the aggregate offering price of Company Common Stock sold in the Conversion will fall. The Offering Range will be within the estimated aggregate pro forma market value of the Conversion Stock, as determined by the Independent Appraiser in accordance with Section 5.02. The maximum of the Offering Range shall be no more than 15% above the average of the minimum and maximum of such range and the minimum of which shall be no more than 15% below such average. Offerings mean the Subscription Offering, the Syndicated Offering or the Public Offering, if any. Officer means an executive officer of the MHC, the Company or the Bank, which includes the chairman of the board, chief executive officer, president, any executive vice president in charge of a principal business function or functions or who otherwise has a policy-making function, secretary, treasurer or principal financial officer, controller or principal accounting officer, and any person performing functions similar to those performed by the foregoing persons.
Offering Range means the range of the minimum and maximum aggregate values determined by the Boards of Directors of the Primary Parties within which the aggregate offering price of Holding Company Common Stock sold in the Reorganization will fall. The Offering Range will be within the estimated aggregate pro forma market value of the Conversion Stock, as determined by the Independent Appraiser in accordance with Section 4.02. The maximum of the Offering Range shall be no more than 15% above the average of the minimum and maximum of such range and the minimum of which shall be no more than 15% below such average. Offerings mean the Subscription Offering, the Syndicated Offering and the Public Offering, if any.

Related to Offering Range

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • Offering Period means a period with respect to which the right to purchase Common Stock may be granted under the Plan, as determined by the Committee pursuant to Section 5(a).

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.