Offering Size definition

Offering Size means the product of (i) the aggregate number of shares issuable upon the exercise of the Rights distributed to shareholders of the Company as set forth in the Rights Offering Supplement and the Subscription Price Per Share. Notwithstanding the foregoing in this Section 4, the Company shall not be required to pay, and the Management Company shall not be entitled to receive, the Fees unless the Rights Offering is completed and Holdings fulfills its obligations under Section 1 (subject to the limitations set forth in Section 3). The Company shall at the next general meeting of the Company’s shareholders submit for shareholder approval the Fees payable to the Management Company pursuant to this Agreement pursuant to Rule 4350(i) of the Nasdaq Stock Market (the “Approval Matter”) and shall use reasonable efforts to solicit proxies from its shareholders in favor of the Approval Matter.
Offering Size. Minimum Amount: USD$250,000 Maximum Amount: USD$2,000,000 Plan of Offering: The Shares are being offered through the Placement Agent and selling syndicate on a “best efforts, all or none” basis as to the Minimum Amount and, thereafter, the remaining Shares will be offered on a “best efforts” basis. The offering will continue until December 31, 2020 (the “Expiration Date”) or the decision by the Company and the Placement Agent to terminate or extend the Offering prior to such Expiration Date. The Placement Agent and selling syndicate will receive a success fee of seven percent (7%) of the gross purchase price of the Shares sold at each closing, payable in cash. In addition, the Placement Agent and selling syndicate will receive a non-accountable expense allowance of one percent (1%) of the gross purchase price of the Shares sold at each closing. In addition to the above, at each closing, the Placement Agent and selling syndicate will receive a five-year warrant to purchase a number of shares of Class A Common Stock of the Company in an amount not to exceed seven percent (7%) of the Class A Common Stock underlying the Shares sold at each closing, exercisable on a cashless basis, with an exercise price equal to the Conversion Price of the Shares. Affiliates of the Placement Agent and the Company (including their respective officers, directors, employees and affiliates) may purchase Shares in this Offering. Any of such purchases may be used to satisfy the Minimum Amount.
Offering Size has the meaning ascribed thereto in Section 2.4(a);

Examples of Offering Size in a sentence

  • Filed: April 3, 1998 This case involves an allegation that Jacqueline Johnson (Jacqueline), a minor, suffered damage to her central nervous system as a result of deteriorated lead-based paint at premises located at 2523 Emerson Avenue in Baltimore City (“the Emerson Avenue premises” or “the premises”).

  • The Issuer has granted the A share Joint Sponsors (Lead Underwriters) an over-allotment option (or the Greenshoe) equivalent to not more than 15% of the Initial Offering Size.

  • In the event that the IPO Follow-on Underwritten Offering is conducted pursuant to Section 2.02(a)(iii), the Company shall file with the SEC a registration statement on Form S-1 registering a number of shares of Class A Common Stock sufficient to permit the sale of all shares requested to be included in such offering permitted to be transferred pursuant to Section 2.02(a)(i) up to the Maximum Offering Size as soon as possible following a Change in Tax Law Determination.

  • Represents the proposed Maximum Offering Size for all Offerings that have been qualified, or are being qualified, pursuant to the offering statement of which this Offering Circular forms a part, as required for purposes of the Form 5110 submitted to FINRA.

  • The Issuer will not take any action or fail to take any action which act or omission would result in the interest on the Notes being includable in gross income for federal tax purposes.

  • Offering Size: There is no minimum offering amount for the sale of Interests in each Offering.

  • Before the clawback mechanism is activated, the number of shares under the Institutional Placement is approximately 3.00 billion shares, representing approximately 23.1% of the Initial Offering Size; and the remaining portion will be offered under the Public Offering.The A Share Offering will be conducted concurrently with ICBC’s overseas H share offering.

  • PRINCIPAL TERMS OF THE NEW NOTES Offering Size Subject to the fulfillment or waiver of the conditions precedent to the Exchange Offer and the Concurrent New Money Issuance, the Company will issue US$25,893,000 of the New Notes in the Concurrent New Money Issuance and US$104,107,000 of the New Notes pursuant to the Exchange Offer, for an aggregate principal amount of US$130,000,000 of the New Notes, which will mature on 9 May 2020 unless earlier redeemed pursuant to the terms thereof.

  • The Joint Sponsors (Lead Underwriters) may over-allocate to investors shares representing not more than 15% of the Initial Offering Size (not more than 1.95 billion shares) at the Final Offering Price, which means that they may place shares in aggregate equivalent to not more than 115% of the Initial Offering Size (not more than 14.95 billion shares) to investors.

  • The Offering Size shall not exceed 20% of the issued Domestic Shares in issue of the Company as at the date of the passing of the relevant resolution.


More Definitions of Offering Size

Offering Size means the Offering Price multiplied by the number of Common Shares sold in the Share Offering(s) (including any Common Shares sold pursuant to the underwritersoption to purchase additional Common Shares).
Offering Size has the meaning set forth in Section 6.1(c).
Offering Size. At least $84 million and up to $94 million, at least $30 million and up to $40 million to be issued in consideration of at least $30 million and up to $40 million of new capital and $54 million to be issued in consideration of all of the Company’s Series C Convertible Preferred Stock (original offering of $60 million with a current accrued value of approximately $68.8 million).
Offering Size has the meaning specified in Section 5.04(d).
Offering Size. Up to US$1,700,000 (one million, seven hundred thousand US dollars).
Offering Size. The Company is seeking to raise up to $1.75 million. In addition, holders of certain indebtedness of the Company may also exchange such indebtedness for Shares. There is no minimum offering size.

Related to Offering Size

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Maximum Number means that number of directors constituting the greater of (x) two and (y) 20% of the total number of directors of the Corporation on the last day on which a Nomination Notice may be submitted pursuant to this Section 3.11 (rounded down to the nearest whole number), which number shall be reduced as set forth in Section 3.11.c.i.