Over-Subscription Privilege. If any shares of Common Stock available for purchase pursuant to the Rights offering are not subscribed for by Rights Holders pursuant to the Basic Subscription, the Subscription Agent shall allot such shares to Rights Holders who have properly subscribed for such shares pursuant to an over-subscription privilege on the terms and subject to the conditions set forth in the Prospectus, including as to proration. In addition, any Rights Holder other than a Record Date Stockholder who exercises Rights is entitled to subscribe for any Remaining Shares that are not otherwise subscribed for by Record Date Stockholders pursuant to their over-subscription privilege, on the terms and subject to the conditions set forth in the Prospectus, including as to proration. We refer to these over-subscription privileges as the “Over-Subscription Privilege.”]
Over-Subscription Privilege. If any shares of Common Stock available for purchase in the Offering are not subscribed for by Record Date Stockholders pursuant to the Basic Subscription (the "Remaining Shares"), a Record Date Stockholder that has exercised fully its Rights pursuant to the Basic Subscription may subscribe for a number of Remaining Shares, on the terms and subject to the conditions set forth in the section of the Prospectus entitled “The Offer,” including as to proration. These over-subscription privileges are referred to collectively as the "Over-Subscription Privilege." The Agent shall advise the Company immediately upon the completion of the allocation set forth above as to the total number of shares subscribed and distributable.
Over-Subscription Privilege. C Subscription is hereby made in addition to the shares covered by the basic subscription rights. Note: In order to be eligible to purchase shares pursuant to the over-subscription privilege, you must have checked Box A above for the exercise of your FULL basic subscription rights. If Box C is checked, please complete the following two items: Number of shares subscribed for: Subscription Price ($_____ multiplied by the number of shares subscribed for): $
Over-Subscription Privilege. The Dealer Manager agrees to pay the Soliciting Fees to the broker dealers designated on the applicable portion of the form used by the Holder to exercise Rights and the Over-Subscription Privilege, and if no broker-dealer is so designated pursuant to the terms of the Soliciting Dealer Agreement, then the Dealer Manager shall retain such Soliciting Fees for Shares issued pursuant to the exercise of Rights and Over-Subscription Privilege. Payment to the Dealer Manager by the Company will be in the form of a wire transfer of same day funds to an account or accounts identified by the Dealer Manager. Such payment will be made on each date on which the Company issues Shares after the Expiration Date. Payment to a Soliciting Dealer will be made by check to an address identified by such broker-dealer. Such payments shall be made on or before the tenth business day following each date on which the Company issues Shares after the Expiration Date.
Over-Subscription Privilege. If any shares of Common Stock available for purchase in the Offering are not subscribed for by Rights Holders pursuant to the Basic Subscription (the “Remaining Shares”), a Record Date Stockholder that has exercised fully its Rights pursuant to the Basic Subscription may subscribe for a number of Remaining Shares, on the terms and subject to the conditions set forth in the section of the Prospectus entitled “The Offer,” including as to proration. In addition, any Rights Holder other than a Record Date Stockholder who exercises Rights is entitled to subscribe for any Remaining Shares that are not otherwise subscribed for by Record Date Stockholders pursuant to their over-subscription privilege, on the terms and subject to the conditions set forth in the section of the Prospectus entitled “The Offer,” including as to proration. These over-subscription privileges are referred to collectively as the “Over-Subscription Privilege.” The Agent shall advise the Company immediately upon the completion of the allocation set forth above as to the total number of shares subscribed and distributable.
Over-Subscription Privilege. Shareholders who fully exercise the Rights initially issued to them will be entitled to the additional privilege of subscribing for and purchasing any Units not acquired by other holders of Rights (the "Over-Subscription Privilege"). The terms and conditions of the Over-Subscription Privilege are more fully set forth in the Prospectus included as a part of the Registration Statement (as defined below). The Company may also issue and sell additional Units to fill excess over-subscriptions after all of the Rights are exercised through the primary subscription or through the over-subscription privilege ("Excess Over-Subscription Units").
Over-Subscription Privilege. Shareholders of the Company, participating in the Rights Offering shall be permitted to subscribe for and purchase, on a pro rata basis, shares not subscribed for by other shareholders of the Company (the “Oversubscription Right”).
Over-Subscription Privilege. To the extent Holders do not exercise all of the Subscription Rights issued to them pursuant to the Basic Subscription Privilege, any Underlying Shares represented by such Subscription Rights will be offered by means of the Over-Subscription Privilege to the Holders who wish to acquire more than the number of Underlying Shares to which they are entitled. Holders may indicate, on the Subscription Certificate that they submit with respect to the exercise of the Subscription Rights issued to them, how many Underlying Shares they desire to purchase pursuant to the Over-Subscription Privilege. If sufficient Underlying Shares remain after completion of the Basic Subscription Privilege, all Over-Subscription requests will be honored in full. If sufficient Underlying Shares are not available to honor all Over-Subscription requests, the available shares will be allocated pro rata (subject to elimination of fractional shares) among Holders who exercise the Over-Subscription Privilege based on the ratio that the number of available shares bears to the total number of shares which all Holders who exercise the Over-Subscription Privilege seek to purchase on the basis specified in the Prospectus.
Over-Subscription Privilege. The Over-Subscription Privilege may only be exercised by holders who fully exercise their Basic Subscription Right. The maximum amount of shares of Common Stock available pursuant to the Over-Subscription Privilege shall equal that number of shares, at a price per share equal to the Subscription Price, having a value equal to $7.5 million reduced by the aggregate value of shares subscribed for pursuant to the Basic Subscription Right. Where there are sufficient shares of Common Stock remaining unsold, subject to the limitation described above, to satisfy all Over-Subscriptions by holders exercising their rights under the Over-Subscription Privilege, each holder shall be allotted the number of shares of Common Stock, at the Subscription Price, having a value equal to the amount subscribed for. If there is an insufficient number of shares of Common Stock remaining unsold after holders have exercised their basic subscription rights to satisfy in full all subscriptions received for additional shares, you will allocate the available shares, subject to the limitation described above, among the holders who exercise their Over-Subscription privilege on a pro rata basis according to their respective holdings, up to the amount such holder has subscribed for through the exercise of such holder's over-subscription privilege. Any fractional shares of Common Stock to which persons exercising their Over-Subscription Privilege would otherwise be entitled pursuant to such allocation shall be rounded down to the next whole share of Common Stock.
Over-Subscription Privilege. If any shares of Common Stock available for purchase pursuant to the Rights offering are not subscribed for by Rights Holders pursuant to the Basic Subscription, the Subscription Agent shall allot such shares to Rights Holders who have properly subscribed for such shares pursuant to the Over-Subscription Privilege on the terms and subject to the conditions set forth in the Prospectus, including as to proration. The Subscription Agent shall advise the Company immediately upon the completion of the allocation set forth above as to the total number of shares subscribed and distributable.
