Optional Securities definition

Optional Securities has the meaning specified in the recitals to this Agreement.

Optional Securities means Securities or Additional Securities purchased by Buyer pursuant to this Agreement at an Optional Closing during the Optional Period.

Optional Securities has the meaning ascribed thereto on the first page hereof;

Examples of Optional Securities in a sentence

• No Optional Securities shall be sold or delivered unless the Firm Securities previously have been, or simultaneously are, sold and delivered.

• The Firm Securities and the Optional Securities are herein collectively called the “Offered Securities”.

• The Company agrees to sell to the Underwriters the number of shares of Optional Securities specified in such notice and the Underwriters agree, severally and not jointly, to purchase such Optional Securities.

• Provided that no medical certificate shall be necessary for grant of any leave for a period not exceeding sixty days in continuation of maternity leave.[G.O.(P) 413/90/Fin.,dt.

• Such time and date for delivery of the Firm Securities is herein called the “First Time of Delivery”, such time and date for delivery of the Optional Securities, if not the First Time of Delivery, is herein called the “Second Time of Delivery”, and each such time and date for delivery is herein called a “Time of Delivery”.

More Definitions of Optional Securities

Optional Securities has the meaning set out in Section 1.

Optional Securities shall have the meaning given to such term in the preamble hereto.

Optional Securities as used herein has the meaning ascribed to it in the IPO Underwriting Agreement.

Optional Securities has the meaning specified in the Underwriting Agreement.

Optional Securities means: (i) 450,000 shares of Common Stock, at a purchase price of $50.00 per share; and (ii) 600,000 Series A-4 Preferred OP Units, at a purchase price of $25.00 per unit, or such lesser amount as may be required so as to not trigger an obligation on the part of SUI to obtain stockholder approval of the transactions contemplated by this Agreement and the Omnibus Agreement under Rule 312.03(c) of the New York Stock Exchange Listed Company Manual. The number of shares of Common Stock and Series A-4 Preferred OP Units shall be reduced pro-rata based on a ratio of 60% Common Stock to 40% Series A-4 Preferred OP Units.

Optional Securities means up to 781,250 additional shares of Series B Preferred Stock at a purchase price of $0.64 per share under the Final Closing.

Optional Securities has the meaning ascribed to such term in the second paragraph of this Agreement;