Offering Units definition
Examples of Offering Units in a sentence
At the closing of the Secondary Public Offering, holders of Bridge Shares shall have the right, but not the obligation, to exchange their Bridge Shares for a pro-rata portion of $3,000,000 of Public Offering Units, as set forth in the Financing Agreement.
Lazard and Lazard Group each acknowledge that the certificates representing its Offering Units and Insider Warrants shall bear a legend to reflect the deposit of such securities under this Agreement.
The Rights Offering Units acquired by Investor pursuant to the Backstop Guarantee are collectively referred to as the “Backstop Acquired Units”.
Subject to the terms and conditions of this Agreement, at the Closing Investor shall purchase from the Company (the “Backstop Guarantee”), and the Company shall issue to Investor, at the Subscription Price, a number of the Rights Offering Units equal to (a) the Aggregate Offered Units minus (b) the number of Rights Offering Units validly subscribed for and purchased by Eligible Securityholders in the Rights Offering in the manner set forth in the Prospectus.
At the closing of the Secondary Public Offering, holders of Bridge Shares shall have the right, but not the obligation, to exchange their Bridge Shares for a pro-rata portion of $___________ of Public Offering Units, as set forth in the Financing Agreement.
Promptly following the consummation of the Offering, Lazard shall deliver to the Escrow Agent certificates representing its Insider Warrants and Offering Units, if any, as set forth opposite its name on Exhibit A attached hereto, which certificates shall remain in the name of Lazard, to be held and disbursed subject to the terms and conditions of this Agreement.
Within three (3) Business Days after the expiration of the Subscription Period, the Company shall issue to Investor a notice (the “Guarantee Notice”) setting forth the Aggregate Offered Units, the number of Rights Offering Units validly subscribed for in the Rights Offering and the number of Rights Offering Units to be acquired by Investor pursuant to the Backstop Guarantee.
The Parent will have reasonable procedures whereby the Tendering Party with the largest number of Offering Units (the “Lead Tendering Party”) may represent all the Tendering Parties in connection with the Share Offering Funding by allowing it to participate in meetings with the underwriters of the Share Offering Funding.
Creation of the definitive viable daily schedule241 The ▇▇▇▇, after conducting the bidding process in the daily market, will send to the GGS, the Daily Base Contract schedule (PDBC), for the following daily horizon, corresponding to the hourly breakdown of sales and acquisitions made in the daily market by the Offering Units, based on the meeting of offers of purchase and sale, received after the resolution of congestion in the interconnection.
Upon the terms and conditions set forth in this Agreement, the Company is Offering Units to each Purchaser consisting of (i) one (1) share of the Common Stock of the Company, and (ii) a Warrant to purchase three-quarters (0.75) of a share of Common Stock of the Company.