Examples of Third Party Subscribers in a sentence
Results of WET tests must be reported on the “WET Results Report – Fresh Waters” form included as Attachment C of this permit each time a WET test is performed.
If the Third Party Subscribers were to invest in the Company through acquisition of Shares in the market, it would require at least 16 trading days to do so while at the same time increasing market fluctuations and market uncertainties.
The Subscription, which takes place at the same time as the Third Party Subscription, also provides confidence to the Third Party Subscribers in the Company’s prospect.
The Management Agreement defined “Outcollect Roaming Revenues” to mean “revenues generated when Third Party Subscribers use the Owner’s System or Manager’s System, based on provisions of the Roaming Agreements.” Id. at ’750.
Pursuant to the Third Party Subscription Agreement, each of the Third Party Subscribers has undertaken to the Company that it will not, and will procure that its nominees will not, without the prior consent of the Company, directly or indirectly, sell, transfer of otherwise dispose of any of the Third Party Subscription Shares held by it for a period of six months following completion of the Third Party Subscription.
Pursuant to the Subscription Agreement and the Third Party Subscription Agreement, the Company conditionally agreed to allot and issue, and the Subscriber and the Third Party Subscribers conditionally agreed to subscribe for, 240,000,000 Subscription Shares and 42,000,000 Third Party Subscription Shares at the Subscription Price of HK$3.65 per Subscription Share.
Beneficial owner (100%): Leon OjalvoThe Company came to identify these Independent Third Party Subscribers through its various business connections and prior fund raising efforts, during which process it became apparent that such Subscribers were investors potentially interested in the existing and contemplated business direction of the Company as stated herein and as publicly stated previously.
Date: 26 March 2018 Parties: the Company, as the issuer; and the Third Party Subscribers, as the subscribers.
The interests of the Independent Third Party Subscribers can hence be safeguarded.
The Subscription Price was agreed after arm’s length negotiations between the Company on one hand and each of the Subscriber and the Third Party Subscribers on the other hand with reference to the Company’s latest financial position and recent market prices of the Shares.