Undersubscribed definition

Undersubscribed means fewer students enrolling on the course than the number of commissioned / funded places
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Undersubscribed means that the aggregate number of shares of Company Common Stock with respect to which a stock election has been made exceeds the aggregate number of shares of Parent Common Stock available in the Stock Component.
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Undersubscribed means fewer students enrolling on the course than the number of commissioned / funded places."On target" means the number of students enrolling on the course equalled the number of commissioned / funded places."Oversubscribed" means more students enrolling on the course than the number of commissioned / funded places. The SCoR data is incomplete due to not all EIs providing intake data for all years.
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Examples of Undersubscribed in a sentence

  • In the event that an Oversubscribed Consideration exists, the form of consideration that is not the Oversubscribed Consideration shall be referred to herein as the "Undersubscribed Consideration".

  • Each Fully Subscribing Major Investor may offer to purchase up to the full amount of Undersubscribed New Securities and to the extent more than one Fully Subscribing Major Investor offers to purchase Undersubscribed New Securities, such Undersubscribed New Securities shall be allocated ratably based on such Fully Subscribing Major Investor’s Pro Rata Percentage.

  • Notwithstanding anything to the contrary, Section 1.1(c)(ii) and Section 1.1(c)(iii) of the Offer Agreement, as applicable, shall be applied to any Common Shares tendered by Company Shareholders (other than those tendered by the Shareholders party to this Agreement) only to the extent that Undersubscribed Consideration continues to exist after giving effect to the Mandatory Election.

  • At the Final Closing, any Oversubscribed Amounts shall be allocated among Oversubscribing Investors based on the relative percentage of all Notes outstanding immediately prior to the date hereof held by all Oversubscribing Investors, until the respective Oversubscribed Amounts have been satisfied or the aggregate Undersubscribed Amount has been completely allocated among the Oversubscribing Investors.

  • Any Undersubscribed Shares shall be divided PRO RATA in accordance with the holdings of Common Stock (including for such purposes shares of Common Stock issuable upon exercise of any Warrants and other currently vested and exercisable convertible securities, options, rights or warrants) among the Offerees who have elected to purchase such Undersubscribed Shares.

  • Each Fully Holder may offer to purchase up to the full amount of Undersubscribed New Securities and to the extent more than one Fully Subscribing Holders offers to purchase Undersubscribed New Securities, such Undersubscribed New Securities shall be allocated ratably based on such Fully Subscribing Holder’s Pro Rata Percentage.

  • Under-subscribed Policies are those insurance policies with multiple Keep Policy Investors and where one or more (but not all) of such investors have failed to pay such annual premiums or Administrative Fees within the time period specified by the Servicer.

  • In the event any Offeree or Offerees elects to exercise its Pre-emptive Right with respect to any New Securities within such 10-day period, then the Company shall sell such Offeree's Pro Rata Portion, plus its portion of Undersubscribed Shares, if applicable, to such Offeree upon the terms specified which shall not be more favorable to the Company or less favorable to such Offeree than the terms offered to any other person.

Related to Undersubscribed

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Subscribed means submitted for purchase from Company by a stockholder in accordance with the terms of the Subscription Offer, and the term “Subscription(s)” shall mean any such submission. Company hereby appoints Agent to act as subscription agent in connection with the Subscription Offer and Agent hereby accepts such appointment in accordance with and subject to the terms and conditions of this Agreement.

  • Offerees has the meaning set forth in Section 5.4(a).