Examples of Preferred Offering in a sentence
Just one day later, on August 18, the Company announced that it had increased the Preferred Offering to 650,000 shares, priced at $1,000 per share, to raise $650 million in total.
Upon the closing of any Preferred Offering, the Initial General Partner shall contribute the net proceeds from such Preferred Offering to the Wholly-Owned LP Trust and the Wholly-Owned LP Trust shall contribute the said net proceeds to the Partnership in exchange for that number of Preferred Units as equals the total number of Preferred Shares which were sold pursuant to the Preferred Offering.
We will also the exchange of information with their lawyers, filing complaints to different oversight bodies, and supporting OCDC prisoners in securing sureties, coordinating discharge, and accessing information that is unavailable to them because of the aforementioned service gaps to ensure their human rights are upheld behind and beyond bars.
The day that the Preferred Offering Period terminates is hereinafter referred to as the "Preferred Termination Date." The Preferred Termination Date may be extended for up to thirty (30) days by mutual agreement of the Placement Agent and the Company.
Upon the closing of the Class C Preferred Offering, the Initial General Partner shall contribute the net proceeds from the Class C Preferred Offering to the Wholly-Owned LP Trust and the Wholly-Owned LP Trust shall contribute the said net proceeds to the Partnership in exchange for that number of Class C Preferred Units as equals the total number of Class C Preferred Shares which were sold pursuant to the Class C Preferred Offering.