Net Offering Price definition

Net Offering Price means, with respect to a Follow-on Offering or the Universal Triggered Offering, the net public offering price per share (calculated after deduction of any underwriting discounts or commissions) in such offering.
Net Offering Price means the net price per share at which the Secondary Shares are sold in the Offering by the Stockholder to the Underwriters, after deduction for the per share Underwriting Spread;
Net Offering Price shall have the meaning set forth in the ------------------ recitals hereto.

Examples of Net Offering Price in a sentence

  • The Company offers to sell newly issued ordinary shares to the existing shareholders and/or public investors and/or private placement at “The Net Offering Price Per Share of Newly Issued Ordinary Shares” lower than 90 percent of “The Company’s Market Price Per Share”.

  • The Company offers to sell any securities to the existing shareholders and/or public investors and/or private placement which give the holders rights to exercise or change to ordinary shares or purchase ordinary shares e.g. convertible bond or warrant to purchase ordinary shares, and “The Net Offering Price Per Share Reserved for Rights” is lower than 90 percent of “The Company’s Market Price Per Share”.

  • When a Retention of Necessary Qualifications is used in a reduction in force plan, justification for this retention must be documented and approved by the Forestry Commission prior to submitting the reduction in force plan to the Budget and Control Board’s Human Resources Division for review and approval for procedural correctness.

  • The Company offers to sell any securities to the existing shareholders and/or public investors and/or private placement which give the holders rights to exercise or change to ordinary shares or purchase ordinary shares e.g. convertible bond or warrant to purchase ordinary shares, and "The Net Offering Price Per Share Reserved for Rights" is lower than 90 percent of "The Company's Market Price Per Share".

  • The Company offers to sell newly issued ordinary shares to the existing shareholders and/or public investors and/or private placement at "The Net Offering Price Per Share of Newly Issued Ordinary Shares" lower than 90 percent of 'The Company's Market Price Per Share".

  • The purchase price per share of Common Stock purchased by each Investor (the "Net Offering Price") shall be the price per share paid by the public in an initial public offering of the Company's Common Stock completed prior to December 15, 1999, less the per share underwriting fees and discounts paid by the Company in such initial public offering (but before the deduction of offering expenses payable by the Company).

  • The Audit Committee of the Company has received a written opinion from its financial advisor prior to the execution of this Agreement and dated as of February 24, 2006, to the effect that the Purchase Price hereunder, which is equal to the Net Offering Price, is fair to the Company from a financial point of view.

  • The purchase price per share of Common Stock purchased by each Investor (the "Net Offering Price") shall be the price per share paid by the public in an initial public offering of the Company's Common Stock completed prior to November 15, 1999, less the per share underwriting fees and discounts paid by the Company in such initial public offering (but before the deduction of offering expenses payable by the Company).

  • The purchase price per share of Common Stock purchased by Investor (the "Net Offering Price") shall be the price per share paid by the public in an initial public offering of the Company's Common Stock completed prior to November 15, 1999, less the per share underwriting fees and discounts paid by the Company in such initial public offering (but before the deduction of offering expenses payable by the Company).

  • Notwithstanding anything to the contrary in this Section 7.2, in the event that the final net offering price per share determined by the underwriter immediately prior to the effective date of such offering is less than 95% of the Target Net Offering Price Per Share, then the Company shall, upon the request of the Majority Xxxx Investors, cause such offering to be terminated.


More Definitions of Net Offering Price

Net Offering Price shall equal the public offering price per share of Kosmos Common Shares sold in the Public Resale Offering, less underwriting discounts and commissions per share, as set forth on the cover page to the final prospectus supplement to be filed by Kosmos pursuant to Rule 424(b) under the Securities Act of 1933, as amended.
Net Offering Price shall have the meaning set forth in the recitals hereto. "Notice of Issuance" shall mean the notice of issuance certificate which may be delivered by the Company to the Investors in accordance with the provisions of Section 2.01, which shall be in the form attached hereto as Exhibit C. "NYSE" shall have the meaning set forth in Section 3.01(f). "Option on SOCO Shares" shall have the meaning set forth in the recitals hereto. "Person" or "person" shall mean an individual, corporation, association, partnership, trust, joint venture, business trust or unincorporated organization, or a government or any agency or political subdivision thereof. "PIK Period" shall mean, with respect to the 8.5% Convertible Preferred Stock, the two-year mandatory period during which the Company shall be obligated to issue pay-in-kind dividends on such stock. "Proxy Statement" shall have the meaning set forth in Section 4.09(b). "Registrable Shares" shall have the meaning set forth in Section 6.01. "Registration Expenses" shall have the meaning set forth in Section 6.07. "SEC" shall mean the United States Securities and Exchange Commission. "Second Closing" or "Second Closing Date" shall have the meaning set forth in Section 2.02(a). "Secondary Stock Offering" shall have the meaning set forth in the recitals hereto. "Securities Act" shall mean the Securities Act of 1933, as amended. "Share Repurchase Agreement" shall have the meaning set forth in the recitals hereto. "SOCO Option Agreement" shall have the meaning set forth in the recitals hereto. "SOCO Stock Redemption" shall have the meaning set forth in the recitals hereto. "SOCO" shall have the meaning set forth in the recitals hereto. 3 8 "Subsidiary" or "subsidiary" shall mean, with respect to any corporation (the "parent") any other corporation, association or other business entity of which more than 50% of the shares of the voting stock are owned or controlled, directly or indirectly, by the parent or one or more Subsidiaries of the parent, or by the parent and one or more of its Subsidiaries. "Tax Returns" means any return, amended return or other report required to be filed with respect to any Tax, including declaration of estimated tax and information returns. "Taxes" means any federal, state, local or foreign taxes, including but not limited to income, gross receipts, windfall profits, value added, severance, property, production, sales, use, license, excise, franchise, employment, withholding or similar taxes, together ...
Net Offering Price means the price per share of the Common Stock offered to the public, net of underwriting discounts and the reimbursement payment payable to Relational Advisors, LLC pursuant to Section 6.1(c) of this Agreement, equal to 6% of the gross proceeds of the Offering and documented, reasonable out-of-pocket expenses directly related to the Offering, provided, that such out-of-pocket expenses shall not exceed 1% of the gross proceeds of the Offering.

Related to Net Offering Price

  • Offering Price has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Initial Public Offering Price means the price per share of APP Common Stock received by APP before underwriting commissions, discounts or other fees in connection with its Initial Public Offering.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Selling Price means the consideration for a sale valued

  • IPO Price means the initial public offering price of a REIT Share in the IPO.

  • Hold-the-Offering-Price Maturities means those Maturities of the Notes listed in Schedule A hereto as the “Hold-the-Price Maturities.”

  • Ending Price means, with respect to the Company and any other Company Peer Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days ending on the last trading day of the Performance Period. For the purpose of determining Ending Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the corresponding ex-dividend date.

  • Net Selling Price of Licensed Products shall mean the gross selling price paid by a purchaser of a Licensed Product to COMPANY, an Affiliate or Sublicensee of COMPANY, or any other party authorized by COMPANY to sell Licensed Products less the following discounts:

  • Net Price means, with respect to the purchase of any Property, without duplication, (i) the aggregate purchase price paid as cash consideration for such purchase (without adjustment for prorations), including, without limitation, the principal amount of any note received or other deferred payment to be made in connection with such purchase (except as described in clause (ii) below) and the value of any non-cash consideration delivered in connection with such purchase (including, without limitation, shares or preferred shares of beneficial interest in General Partner and OP Units or Preferred OP Units (as defined in Borrower’s partnership agreement)) plus (ii) reasonable costs of sale and non-recurring taxes paid or payable in connection with such purchase or sale.

  • Trading Price of the Notes on any date of determination means the average of the secondary market bid quotations obtained by the Bid Solicitation Agent for $5,000,000 principal amount of Notes at approximately 3:30 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers the Company selects for this purpose; provided that if three such bids cannot reasonably be obtained by the Bid Solicitation Agent but two such bids are obtained, then the average of the two bids shall be used, and if only one such bid can reasonably be obtained by the Bid Solicitation Agent, that one bid shall be used. If the Bid Solicitation Agent cannot reasonably obtain at least one bid for $5,000,000 principal amount of Notes from a nationally recognized securities dealer on any determination date, then the Trading Price per $1,000 principal amount of Notes on such determination date shall be deemed to be less than 98% of the product of the Last Reported Sale Price of the Common Stock and the Conversion Rate.

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Starting Price has the meaning set forth in Section 9.01(i)(ii).

  • Beginning Price with respect to a company means the average closing price of a share of common stock of such company as reported by such company’s primary national securities market or exchange at the end of each trading day during the 60 calendar days immediately prior to the first day of the Performance Period.

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Initial Offering Period means the initial period during which a Series of the Trust will offer its Shares prior to the commencement of investment operations of such Series;

  • Resale Price means the price at which Seller, acting in a commercially reasonable manner, sells or is paid for a Rejected Purchase, plus transaction and other administrative costs reasonably incurred by Seller in re-selling such Rejected Purchase; provided, however, that in no event shall Seller be required to utilize or change its utilization of the Facility or its other assets, contracts or market positions in order to minimize Buyer’s liability for such Rejected Purchase.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Net Offering Proceeds means the proceeds received from (a) the issuance of any Capital Stock or (b) the incurrence of any Indebtedness, in each case net of the actual liabilities for reasonably anticipated cash taxes in connection with such issuance or incurrence, if any, any underwriting, brokerage and other customary selling commissions incurred in connection with such issuance or incurrence, and legal, advisory and other fees and expenses, including title and recording tax expenses, if any, incurred in connection with such issuance or incurrence.

  • Cash sale price means the price of a good or service a retail buyer would pay if he or she paid for the good or service in cash, and that is stated in a retail installment contract or in a sales slip or other memorandum furnished by a retail seller to a retail buyer pursuant to a retail charge agreement for that good or service. The cash sale price may include any taxes and charges for delivery, installation, servicing, repairs, alterations, or improvements.

  • Wholesale price or "WSP" shall mean the greater of (i) the first published price of the Licensed Product offered to retailers by Publisher as evidenced by a sell sheet or price list issued by Publisher, or (ii) the actual price paid by retailers upon the first commercial shipment of a Licensed Product without offsets, rebates or deductions from invoices of any kind.

  • Issuance Price means the Sales Price less the Selling Commission.

  • Placing Price the price of HK$2.18 per Placing Share;