Subsequent Offerings definition
Examples of Subsequent Offerings in a sentence
If the Lead Agent does not respond within the relevant time period, it shall relinquish its rights with respect to that particular Subsequent Offering only, but shall continue to have a Right of First Refusal in relation to any other Subsequent Offerings during the Right of First Refusal Period.
RIGHTS OF FIRST REFUSAL 27 4.1 Subsequent Offerings 27 4.2 Exercise of Rights 28 4.3 Issuance of Equity Securities to Other Persons 28 4.4 Sale Without Notice 28 4.5 Termination and Waiver of Rights of First Refusal 29 4.6 Transfer of Rights of First Refusal 29 4.7 Excluded Securities 29 SECTION 5.
In Subsequent Offerings, the procedures set forth in Sections 4(c) and (d) will also be applicable.
All applications for Units in Subsequent Offerings and payments therefor shall be made pursuant to the terms and conditions set forth in the Memorandum, and applications shall be subject to acceptance by the Fund.
The Fund expects that Subsequent Offerings will occur quarterly and that subscriptions for Interests will be accepted as of the first day of each calendar quarter subject to the discretion of the Fund and the Board to have Subsequent Offerings and accept subscriptions on other dates.
In Subsequent Offerings, the procedures set forth in Section 3(c) also shall be applicable.
All subscriptions for Interests in Subsequent Offerings and payments for such Interests will be made pursuant to the terms and conditions set forth in the Memorandum and subscription documentation, and subscriptions will be subject to acceptance by you as agent for the Partnership and its General Partner, as described in Section 6 below.
For the avoidance of doubt, Subsequent Offerings shall not include any transaction excluded from the Investment Proposals (defined in Section 1(b) of the Engagement Letter (defined below)).
The Fund expects that Subsequent Offerings will occur monthly and that subscriptions for Shares will be accepted as of the first day of each calendar month, subject to the discretion of the Fund to have Subsequent Offerings and accept subscriptions on other dates.
The Manager shall have the right to admit additional Members to the Company in one or more Subsequent Offerings at its sole discretion.