Total Takedown definition

Total Takedown means either (a) the fractional discount (stated in dollars) from the public offering price at which the Underwriters may purchase the Securities or (b) the aggregate fee or commission paid to the Underwriters as compensation for purchasing the Securities.
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Total Takedown means all fees paid to an Underwriter or members of the Syndicate as a commission for the resale of the instruments or evidences of indebtedness to other buyers.
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Examples of Total Takedown in a sentence

  • For the avoidance of doubt, no request for, commencement of, or inclusion in, a Requested Offering shall be counted against the Total Takedown Allocation.

  • For the avoidance of doubt, a request for inclusion in an Organized Offering shall not be counted against the Total Takedown Allocation.

  • You may reallow all or any part of the Total Takedown on sales to any other Underwriter and may reallow all or any part of the Concession on sales to Dealers.

  • We may change any one or more of the public offering prices of the Securities, any Concession, Total Takedown or other discount, or any other pricing or underwriting term of the offering at any time before or after commencement of the offering.

  • Orders submitted by you for your account will be treated as orders at the public offering price less any applicable Total Takedown unless otherwise requested at the time such orders are submitted to us.

  • Sales of Securities to Underwriters will be at the public offering price less all or any part of the applicable Total Takedown (unless different treatment is requested pursuant to this Section).

  • You will be liable to take up and pay for your Participation in the Securities at such prices as we shall determine, but not in excess of the initial public offering price less the initial Total Takedown for such Securities.

  • At any time, we may require you to take up and pay for your Pro Rata Proportion of all Securities then remaining unsold at the initial public offering price less the initial Total Takedown for such Securities or at such lower prices as we determine in our discretion.

  • As a member of a Group, we will offer to you and to the other Dealers who are members of the Group an allocation of the Securities at the public offering prices less any Concession and additional Total Takedown, subject to prior sales, when, as and if delivered to and accepted by us and subject to the approval of the Securities by bond counsel and of certain legal matters by counsel to the Underwriters and subject to the terms and conditions of this Master Agreement.

  • We may change any one or more of the public offering prices of the Securities, any Concession, Total Takedown or other discount, or any other prices or underwriting term of the offering at any time before or after commencement of the offering.