Greenshoe Option means an option granted by the offeror in favour of the investment firm(s) or credit institution(s) involved in the offer for the purpose of covering overallotments, under the terms of which such firm(s) or institution(s) is allowed to purchase up to a certain amount in securities at the offer price for a certain period of time after the offer of the securities.

Greenshoe Option means the option granted by the Issuer to BNP PARIBAS and CaixaBank, S.A, in July 2021, in the context of the IPO, to subscribe new shares issued by the Issuer at the price of €4.25, for the purpose of covering short positions resulting from overallotments or from sales of the Issuer’s shares in that context;

Greenshoe Option has the meaning set forth in section 5.6;

Examples of Greenshoe Option in a sentence

Greenshoe capacity shall be allocated in proportion of capacity allotted to the successful bidders in the reverse auction and willing to offer additional capacity under Greenshoe Option.
Succesful Bidder(s) intending to execute PPA for the Greenshoe Capacity shall have to meet the eligibility creteria for the capacity intended to be entered into PPA under Greenshoe Option.
The Greenshoe Option was not exercised by Banco UBS Pactual S.A. (Manager) within 34 days as of the date of Announcement of Commencement, inclusive.
The terms & conditions as well as obligations & rights of Successful Bidder(s) as well as GUVNL shall be identical for additional capacity allocated under the Greenshoe Option as for the base capacity of 500 MW under this RfS.
Upto 500 MW additional capacity through Greenshoe option be offered to the successful bidder(s), who are willing to execute PPA(s) with GUVNL at the lowest tariff (L1 rate) discovered under competitive bidding process (followed by e-reverse auction) to the extent of their respective quoted capacity or higher quantum (in case any of the Successful Bidder does not accept the additional quantum offered under the Greenshoe Option) to the extent of greenshoe capacity.

More Definitions of Greenshoe Option

Greenshoe Option has the meaning assigned to such term in Section 9.08(g).

Greenshoe Option means any “greenshoe”, “over-allotment” or similar option by the underwriters with respect to any IPO.”

Greenshoe Option means the option granted by the Issuer to the Joint Global Coordinators (acting on behalf of the Managers), exercisable in whole or in part, no later than 30 calendar days after the Admission having occurred, to subscribe the Option Shares at the Offering Price for the purpose of covering short positions resulting from overallotments or from sales of Shares.

Greenshoe Option means an option granted by the offeror in favour of the investment firm(s) or credit institution(s) involved in the offer for the purpose of covering overallot- ments, under the terms of which such firm(s) or institu-

Greenshoe Option see Section 13.04(iii).

Greenshoe Option has the meaning ascribed thereto in section 2.11.1 hereof;

Greenshoe Option shall have the meaning set forth in the Subscription Agreement.