Over-Allotment Units definition
Examples of Over-Allotment Units in a sentence
The purchase and sale of the Over-Allotment Units, if required, shall be completed at such time and place as the Underwriters and the Corporation may agree, and in accordance with Section 12(1) above.
The applicable terms, conditions and provisions of this Agreement (including the provisions of Section 10 relating to closing deliveries) shall apply mutatis mutandis to the Closing of the issuance of any Over-Allotment Units pursuant to any exercise of the Over-Allotment Option.
The consideration for the Over-Allotment Units shall be an amount equal to the Over-Allotment Proceeds (the “Over-Allotment Consideration”).
Whether or not the transactions herein contemplated shall be completed, all expenses of or incidental to the sale of the Units and the Over-Allotment Units shall be borne by the Corporation.
Upon receipt of the Subsequent Distributed Units, the General Partner agrees to exchange such units with the Partnership, and the Partnership agrees to accept such exchange, for an equal number of General Partner Units in order to enable the General Partner to maintain its 2% general partner interest in connection with the issuance of the Over-Allotment Units.