Piggyback Offering definition
Examples of Piggyback Offering in a sentence
If no request for inclusion from a Major Holder is delivered to the Company within the applicable response period provided in this Section 3.1, such Major Holder shall have no further right to participate in such Piggyback Offering.
Any Holder may deliver written notice (an “Opt-Out Notice”) to the Company requesting that such Holder not receive any Underwritten Shelf Takedown Notices, Piggyback Offering Notice, notice of the withdrawal of any Underwritten Shelf Takedown or Piggyback Offering or notice of any event that would lead to a Suspension Period as contemplated by Section 4.1; provided, however, that such Holder may later revoke any such Opt-Out Notice in writing.
Each Major Holder shall be permitted to withdraw all or part of such Major H▇▇▇▇▇’s Registrable Securities from a Piggyback Offering at any time prior to the execution of an underwriting agreement with respect thereto.
Notwithstanding the foregoing, if a Piggyback Offering is a bought deal or overnight offering and the investment bank or Managing Underwriter advises the Company in writing that the giving of a Piggyback Offering Notice would have a Material Adverse Effect, no such notice shall be required (and the Major Holders shall have no right to include their Registrable Securities in such Piggyback Offering).