Target Offering Amount definition

Target Offering Amount means $20,000.
Target Offering Amount means $50,000.
Target Offering Amount means, at any given time, the minimum amount or target amount to be raised in the Offering in effect as such time, as specified in the Form C and the accompanying Offering Statement and on the Portal's website; and the "Maximum Offering Amount" means, at any given time, the maximum amount to be raised in the Offering in effect as of such time, as specified in the Form C and the accompanying Offering Statement and on the Portal's website. If the Offering is oversubscribed beyond the Target Offering Amount, the Company will sell and issue Shares on a basis to be determined by the Company's management. The Company is offering the Shares to prospective investors through the Wefunder crowdfunding portal (the "Portal"). The Portal is registered with the Securities and Exchange Commission (the "SEC"), as a funding portal and is a funding portal member of the Financial Industry Regulatory Authority. The Company will pay the Portal a cash commission equal to 7.5% of gross monies raised in the Offering. Investors should carefully review the Form C, including the accompanying Offering Statement and the other documents included as exhibits to the Form C, which are available on the website of the Portal at xxxxx://xxxxxxxx.xxx/ixwater.

Examples of Target Offering Amount in a sentence

  • If the Offering is oversubscribed beyond the Target Offering Amount, the Company will sell Shares on a basis to be determined by the Company’s management.

  • UsesIf Target Offering Amount SoldIf Maximum Amount SoldIntermediary Fees$490$15,082Marketing$0$50,000Product Development$2,010$150,000Payroll$2,500$80,455Technology Infrastructure$5,000$12,264Total Use of Proceeds$10,000$307,80110.

  • Commitments that Exceed the Target Offering Amount Will the Company accept commitments that exceed the Target Offering Amount?YesWhat is the maximum you will accept in this Offering?$250,000If Yes, how will the Company deal with the oversubscriptions?We will accept subscriptions on a first-come, first-served basis.

  • Commitments that Exceed the Target Offering Amount Will the Company accept commitments that exceed the Target Offering Amount?YesWhat is the maximum you will accept in this Offering?$107,000If Yes, how will the Company deal with the oversubscriptions?We will accept subscriptions on a first-come, first-served basis.

  • Commitments that Exceed the Target Offering Amount Will the Company accept commitments that exceed the Target Offering Amount?YesWhat is the maximum you will accept in this Offering?$100,000If Yes, how will the Company deal with the oversubscriptions?We will accept subscriptions on a first-come, first-served basis.

  • If the Offering is oversubscribed beyond the Target Offering Amount, the Company may sell Shares on a basis to be determined by the Company’s management.

  • Commitments that Exceed the Target Offering Amount Will the Company accept commitments that exceed the Target Offering Amount?YesWhat is the maximum you will accept in this Offering?$150,000If Yes, how will the Company deal with the oversubscriptions?We will accept subscriptions on a first-come, first-served basis.

  • Commitments that Exceed the Target Offering Amount Will the Company accept commitments that exceed the Target Offering Amount?YesWhat is the maximum you will accept in this Offering?$50,000If Yes, how will the Company deal with the oversubscriptions?We will accept subscriptions on a first-come, first-served basis.

  • The Company may only conduct another close (a “Subsequent Closing”) before the Offering Deadline if the amount of investment commitments made as of the date of such Subsequent Closing exceeds two times the Target Offering Amount as of the date of the Initial Closing and there are more than twenty-one (21) days remaining before the Offering Deadline as of the date of such Subsequent Closing.

  • In no case, except for the very limited exception set forth below, prior to the expiration of the Offering Deadline, and the satisfaction of the Minimum Target Offering Amount, shall the investors’ funds be commingled with the profits or operating or other capital of the Issuer.


More Definitions of Target Offering Amount

Target Offering Amount means the minimum amount Company intends to raise through this Offering.
Target Offering Amount is the minimum amount that must be raised by the Company in the Offering. If the sum of the amounts raised from the sale of the aPledge Digital Security Tokens in the Offering does not equal or does not exceed the Target Offering Amount at the Subscription Close Date, investments will be cancelled, and all the aPledge Digital Security Tokens sold under this Agreement will be refunded to the Holder at their Original Purchase Price reduced by the amount of bank fee charged by the bank or payment processor for processing the refund. Target Offering Amount is $30,000.
Target Offering Amount means 50,000.
Target Offering Amount means the minimum amount of
Target Offering Amount means $70,000.
Target Offering Amount means $115,000.

Related to Target Offering Amount

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • Rights Offering Amount means $300,000,000.

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Net Offering Proceeds means all cash or other assets received by General Partner or Borrower as a result of the issuance or sale of common shares of beneficial interest, preferred shares of beneficial interest, partnership interests, preferred partnership units, limited liability company interests, Convertible Securities or other ownership or equity interests in General Partner or Borrower less customary costs and discounts of issuance paid by General Partner or Borrower, as the case may be.

  • Maximum Offering means, with respect to some or all participants in the Non-423(b) Plan Component, a maximum number or value of shares of the Common Stock made available for purchase in a specified period (e.g., a 12-month period) in specified countries, locations or to Employees of specified Designated Subsidiaries. Such maximum shall be determined by the Board (or a committee authorized by the Board) in such a manner as to avoid securities filings, to achieve certain tax results or to meet other Company objectives.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Sale Amount means, with respect to any Sold Receivable, the amount received from the related third-party purchaser as payment for such Sold Receivable.

  • IPO Price means the initial public offering price of a REIT Share in the IPO.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Underwritten Net Cash Flow means, as of any date of determination, the excess of: (i) for the twelve (12) month period ending on such date, the sum of (A) the lesser of (1) GPR multiplied by 94.0%, and (2) Actual Rent Collections, and (B) Other Receipts; over (ii) for the twelve (12) month period ending on such date, the sum of (A) Operating Expenses, adjusted to reflect exclusion of amounts representing non-recurring expenses, (B) Underwritten Capital Expenditures and (C)

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Net Proceeds Offer Payment Date has the meaning set forth in Section 4.16.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Net Proceeds Offer Amount has the meaning set forth in Section 4.16.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.