Series Offering definition

Series Offering means, with respect to each Series, the offering by the Company of Class A Ordinary Shares of a particular Series for sale to the public pursuant to Regulation A under the Securities Act of 1933, as amended (the “Act”) or, in any replacement offering of Class A Ordinary Shares of such Series, as determined by the Board in the event such Series Offering shall not proceed for any reason.
Series Offering refers to the specific offering of Membership Interests in a particular Series, and further detailed in the Series Supplement for such Series.

Examples of Series Offering in a sentence

  • The Series is expected to keep Cash on the Series Balance Sheet in the amount listed in the Use of Proceeds Table from the proceeds of the Series Offering for future Operating Expenses.

  • The Company is not expected to keep any of the proceeds from the Series Offering.

  • In the event that less than the Maximum Series Shares are sold in connection with the Series Offering, the Manager may pay, and not seek reimbursement for, the Brokerage Fee, Offering Expenses and Acquisition Expenses.

  • Of the proceeds of the Series Offering, the Cash on Series Balance Sheet listed in the Use of Proceeds Table will remain in the operating account of the Series for future Operating ExpensesThe allocation of the net proceeds of this Series Offering set forth above, represents our intentions based upon our current plans and assumptions regarding industry and general economic conditions, our future revenues and expenditures.

  • Offering size:The Company may offer up to a Total Maximum of Shares in each Series Offering as detailed for each Series highlighted in the Master Series Table.

  • The offering of each series will not exceed twelve months, or such lesser period as may be determined by the General Partner, in its sole discretion (a "Series Offering Period").

  • The Manager intends for each Series to elect and qualify to be taxed as a separate real estate investment trust, or “REIT”, for U.S. federal income tax purposes, commencing with the taxable year ending after the completion of each Series Offering.

  • The series offering period ("Series Offering Period") for the Fund will commence on the effective date of the Registration Statement.

  • Each Series Offering will reimburse the Managing Member for Offering Expenses actually incurred on our behalf, unless otherwise waived in whole or in party by the Managing Member in its sole discretion.

  • There may be one or more separate closings (each, a “Closing”) with respect to each Series Offering.

Related to Series Offering

  • series of Shares refers to the division of Shares representing any class into two or more series as provided in Article III, Section 1 hereof; and

  • Subsequent Offering means any further issuance of Interests in any Series, excluding any Initial Offering or Transfer.

  • Rights Offering has the meaning set forth in Section 4.1(b);

  • Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act.

  • Series of Notes means the Notes and the Series of Notes secured by this Agreement as the same exist on the Effective Date, without giving effect to any amendments or modifications to said Notes or Series of Notes effected or made after any such Effective Date unless such amendments or modifications to said Notes or Series of Notes have been consented to in writing by Principal Life.

  • Shelf Offering has the meaning set forth in Section 1(d)(i).

  • Series Issuance Date means, with respect to any Series, the date on which the Notes of such Series are to be originally issued in accordance with Section 2.12 and the related Indenture Supplement.

  • Equity Offering means any public or private sale of common stock or Preferred Stock of the Issuer or any of its direct or indirect parent companies (excluding Disqualified Stock), other than:

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Series of Securities means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Series of Parity Lien Debt means, severally, the Notes and each other issue or series of Parity Lien Debt for which a single transfer register is maintained.

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Initial Offering Period means the period commencing with the initial effective date of the Prospectus and terminating no later than the ninetieth (90th) day following such date unless extended for up to an additional 90 days at the sole discretion of the General Partner.

  • Rights Offering Amount means $50 million.

  • Series Issue Date means the date of issuance of the Initial Tranche of a Series of ETP Securities, as specified in the relevant Final Terms.

  • Offering Funding Date means the date on which the offering for the Series Asset is fully funded through an offering conducted by the Company.

  • Redemption Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 5.1 hereof.

  • Series of Junior Lien Debt means, severally, each issue or series of Junior Lien Debt for which a single transfer register is maintained.

  • Net Proceeds Offer Payment Date has the meaning set forth in Section 4.16.

  • Offering Date means a date selected by the Board for an Offering to commence.

  • Shelf Additional Interest Date shall have the meaning set forth in Section 2(d) hereof.

  • Shelf Offering Notice has the meaning set forth in Section 2(d)(ii).

  • Underwritten Shelf Takedown shall have the meaning given in subsection 2.3.3.

  • Public Equity Offering means an underwritten primary public offering of common stock of the Company pursuant to an effective registration statement under the Securities Act.