Examples of Offering Period in a sentence
After the initial Closing, subsequent closings with respect to accepted subscriptions may take place at any time during the Offering Period in accordance with the Purchase Agreement.
Each Purchaser hereby acknowledges and agrees that the Company and the Placement Agent have a one-time right to agree in their sole discretion and in writing to extend the Offering Period for an additional thirty (30) calendar days as set forth in the Placement Agency Agreement.
The closing (the “Closing”) of the purchase and sale of the Shares, shall occur on such date as is mutually agreed to by the parties on or before the expiration of the Offering Period.
Additionally, there is no minimum amount of funds that are required to be raised in order for the Company to accept subscriptions received from investors and the Company’s may terminate this Offering prior to the expiration of the Offering Period.
The Offering Period shall commence on the effective date of the Registration Statement and will continue until the earlier of (i) the completion of the sale of all Securities in the Offering and (ii) the date that is sixty (60) calendar days following such effective date, unless such 60-day period is extended by the mutual written agreement of the Company and the Placement Agent for an additional period of up to thirty (30) calendar days from such date (the “Offering Period”).