Proposed Subscription definition

Proposed Subscription means a (i) a definitive written expression of intent to participate in the Offering by a Prospect, or (ii) completion of investment documents for the Offering on the Online Platform by any person, each as determined in the sole reasonable discretion of SI Securities. For the avoidance of doubt, an indication of interest received during Testing the Waters shall NOT be a Proposed Subscription.
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Proposed Subscription means a (i) a definitive written expression of intent to participate in the Offering by a Prospect, or (ii) completion of investment documentsfor the Offering on the Online Platform by any person,each as determined in the sole reasonable discretion of SI Securities.
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Proposed Subscription the proposed subscription of 171,000,000 new A shares of the Target Company by Tequ Mayflower WFOE pursuant to the Subscription Agreement; “Purchaser” or “Tequ Mayflower WFOE” Sichuan Tequ Mayflower Education Management Co., Ltd. (四川特驅五月花教育管理有限公司), a company established in the PRC with limited liability and a wholly-foreign owned enterprise of Hope Education Group (Hong Kong) Company Limited; “RMB” Renminbi, the lawful currency of the PRC; “Sale Shares” 50,000,000 shares held by the Vendor in the Target Company; “Shareholder(s)” holder(s) of the ordinary share(s) of a nominal value of US$0.00001 each of the Company;
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Examples of Proposed Subscription in a sentence

  • Company will indemnify NCPS and its affiliates, employees, officers or partners, for any losses, claims, damages or other costs (including reasonable attorney’s fees) related to any rejection of a Proposed Subscription.

  • If accepted and upon payment in full to the Company for the Shares, the Company will issue the applicable Shares to such Subscribing Investor unless Subscribing Investor withdraws such Proposed Subscription before it is accepted.

  • In respect of the Previously Proposed Subscription, as disclosed in the announcement of the Company dated 31 March 2019, as there remained conditions that were not fulfilled or waived and the Company had not received the subscriber’s decision to extend the long stop date, the Previously Proposed Subscription eventually lapsed on 31 March 2019.

  • The Proposed Subscription and Proposed Bonus Warrants Issue are subject to numerous conditions.

  • There is no certainty or assurance as at the date of this Announcement that the Proposed Subscription and Proposed Bonus Warrants Issue will be completed or that no changes will be made to the respective terms thereof.

  • Pursuant to the Proposed Subscription, the Company granted to the Subscriber the right to subscribe for up to 24,375,000 Option Shares at the Issue Price, in accordance with the terms and conditions of the Subscription Agreement.

  • Terms As per the HOA As amended/ included in the Supplemental Agreement In view of the Proposed Subscription, the Parties have agreed to include GLTSB as a Party to the HOA as amended by the Supplemental Agreement.

  • As no Shareholders have a material interest in the Acquisition and the Proposed Subscription, no Shareholders would be required to abstain from voting if the Company was to convene a general meeting for approving the Acquisition and the Proposed Subscription.

  • If a Proposed Subscription is rejected, the Company shall promptly return such funds to the investor.

  • The Proposed Subscription is subject to certain conditions and due diligence.


More Definitions of Proposed Subscription

Proposed Subscription means the proposed investment in Metro by ▇▇▇ ▇▇▇▇ and ▇▇▇▇ Baharmat (" collectively the "Proposed Subscribers") of $350,000 cash in consideration of 245,000 shares of Metro, which Proposed Subscription will be cancelled as described in section 2.7;
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