Examples of Placement Date in a sentence
If acting as sales agent hereunder, the Agent will provide no later than 10:00 p.m. ET on the Placement Date written confirmation to the Company setting forth the number of Shares placed on such Trading Day, the corresponding Sales Price, as well as the Nominal Price (in case of New Shares) and the Settlement Price (in case of New Shares) payable to the Company in respect thereof and the Selling Commission payable to the Agent in respect thereof.
In case of Treasury Shares, the Agent will ensure that the Sales Price is received in the Bank Account on the Trading Day immediately following the Placement Date and the Company shall subsequently remit the Selling Commission to the Agent in immediately available funds to an account designated in writing by the Agent, no later than the Trading Day following the Placement Date.