Maximum Subscription definition

Maximum Subscription means the maximum subscription of the Offers, being the subscription of eighty four million, two hundred and sixty six thousand, seven hundred and seventy one (84,266,771) New Shares at an issue price of $0.06 per New Share to raise up to approximately five million and fifty six thousand and six dollars ($5,056,006) (before costs).

Maximum Subscription means $4,000,000 or 20,000,000 Shares.

Maximum Subscription means, in relation to each Series, the number of Warrants set out in Part 1 of 2 of the PDS under the heading “Issue Size” or, if ASX on the application of ABN AMRO Australia made after the date of the PDS admits further Warrants for a Series to trading status on ASX, the number for a Series set out in Part 1 of 2 of the PDS under the heading “Issue Size” plus the additional number of Warrants of that Series admitted to trading status after the date of this PDS.

Examples of Maximum Subscription in a sentence

• Maximum Subscription Price: The price per share of Holding Company Conversion Stock to be paid initially by subscribers in the Subscription Offering.

• In the event of an unfilled amount of any subscription order, the Converted Bank will make an appropriate refund or cancel an appropriate portion of the related withdrawal authorization, after consummation of the Conversion, including any difference between the Maximum Subscription Price and the Actual Subscription Price (unless subscribers are afforded the right to apply such difference to the purchase of additional whole shares).

• Based upon the independent appraisal, the Boards of Directors of the Holding Company and the Bank will jointly fix the Maximum Subscription Price.

• The Holding Company Conversion Stock will be offered for sale in the Subscription Offering at the Maximum Subscription Price to Eligible Account Holders, Tax-Qualified Employee Plans, Supplemental Eligible Account Holders, Other Members and directors, Officers and employees of the Bank, prior to or within 45 days after the date of the Special Meeting.

• Payment for all shares of Holding Company Conversion Stock subscribed for, computed on the basis of the Maximum Subscription Price, must accompany all completed Order Forms.

More Definitions of Maximum Subscription

Maximum Subscription means subscriptions for an aggregate of 20,000,000 Common Shares on or before the Closing Date as more fully described in the Prospectus;

Maximum Subscription means CDN$7,500,000 with respect to the Offering;

Maximum Subscription. - means subscription of 25,000,000 Shares at an issue price of $0.20 per Share to raise

Maximum Subscription means the aggregate number of High Yield Fund Units available for subscription by Pro Forma Eligible Unitholders making Subscription Elections pursuant to the Plan of Arrangement, limited to the amount, if any, by which (i) the number of Eligible Units in respect of which holders have elected the All-Cash Election exceeds (ii) the Minimum Additional Subscription Number rounded down to the nearest whole number.

Maximum Subscription means the maximum amount which can be raised under this Prospectus, being

Maximum Subscription means all of the Successful Subscriptions for the Offered Units having an aggregate acquisition cost of $3,750,000 from not less than 150 Subscribers;

Maximum Subscription means the issue of 50 million shares pursuant to the offer;