Allocation of Offer Shares Sample Clauses

Allocation of Offer Shares. Notification of allotment and payment instruction (the “Notification”) will be sent to the Applicant by the Company on or about 01.10.2020, subject to any shortenings or extensions of the Application Period. The allocation will be made at the sole discretion of the Board. The Board of Directors will focus on criteria such as (but not limited to) current ownership in the Company, timeliness of the application, relative order size, sector knowledge, perceived investor quality and investment horizon. The Company may, at their sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. The final allocation of Offer Shares will be resolved by the Board. Allotment of Offer Shares for a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
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Allocation of Offer Shares. Notification of allotment and payment instruction (the “Notification”) will be sent to the Applicant by the Company on or about 21.02.2023, subject to any shortenings or extensions of the Application Period. Allocation criteria: • Applicants are granted the same number of shares as subscribed, until all shares available are subscribed. • If oversubscribed, o all applicants will be granted the minimum order subscription. o further allocations are distributed pro rata. • Any other allocation issues will be handled by a committee consisting of the following Greenstat members: CEO, CFO and Chairman of the board. The Company may, at their sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. The final allocation of Offer Shares will be resolved by the Board. Allotment of Offer Shares for a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
Allocation of Offer Shares. (i) Each Shareholder that applies for Offer Shares in accordance with the provisions of clause 13.3(a) and the terms of the Offer Notice (a Subscribing Shareholder) shall be issued the number of Offer Shares calculated under this clause 13.3(b).
Allocation of Offer Shares. Notification of allotment and payment instruction (the “Notification”) are expected be sent to the Applicant by the Company on or about 16 March 2021, subject to any shortening or extensions of the Application Period. The Company will in its sole discretion allocate the Offer Shares to the Applicants and may take into account such allocation principles it deems appropriate in this respect. The Company may, at their sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. The final allocation of Offer Shares will be resolved by the Company’s board of directors. Allotment of Offer Shares totalling a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
Allocation of Offer Shares. Notification of allotment and payment instruction (the “Notification”) will be sent to the Applicant by the Manager on or about [●], subject to any shortening or extensions of the Application Period. The allocation will be made at the discretion of the Company’s board of directors in consultation with the Manager. The board of directors will focus on criteria such as (but not limited to) current ownership in the Company, timeliness of the application, price leadership, relative order size, sector knowledge, perceived investor quality and investment horizon and other criteria as per the allocation principles as set out in the Term Sheet, [however so that the Cornerstone Investors will receive full allocation]. The Company may, at its sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. Allotment of Offer Shares totalling a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
Allocation of Offer Shares. Notification of allotment and payment instruction (the “Notification”) will be sent to the Applicant by the Manager on or about 25 June 2018, subject to any shortening or extensions of the Application Period. The Company and the Manager will in their sole discretion allocate the Offer Shares to the Applicants and may take into account such allocation principles as set out in the Term Sheet. The Company and the Manager may, at their sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. The final number of Offer Shares to be issued to an Applicant will be determined by the Company’s board of directors. Allotment of Offer Shares totalling a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
Allocation of Offer Shares. Notification of allotment and payment instruction (the “Notification”) will be sent to the Applicant by one of the Managers after closing of the Bookbuilding Period. The Company and the Managers will in their sole discretion allocate the Offer Shares to the Applicants and may take into account such allocation principles as set out in the Term Sheet. The Company and the Managers may, at their sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. The final allocation of Offer Shares will be resolved by the Company’s board of directors. Allotment of Offer Shares totalling a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
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Allocation of Offer Shares. Notification of allotment and payment instructions (the “Notification”) will be sent to the Applicant by the Managers on or about 10 November 2021, subject to any shortenings or extensions of the Application Period. The allocation will be made at the discretion of the Board of Directors in consultation with the Managers. The Board of Directors will focus on criteria such as (but not limited to) current ownership in the Company, timeliness of the application, price leadership, relative order size, sector knowledge, perceived investor quality and investment horizon. No allocation will be made below the NOK equivalent of EUR 100,000, provided however, that the Managers and the Company may in their sole discretion reserve parts of the Private Placement for up to 149 investors applying for a lesser amount in order to utilize the exception from the prospectus requirement set forth in the EU Prospectus Regulation. Please read carefully the whole Application Agreement and make sure you have understood the consequences of an Offer Share Application. The Company and the Managers may, at their sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. The final allocation of Offer Shares will be resolved by the Board of Directors. Allotment of Offer Shares for a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
Allocation of Offer Shares. Allocation of Offer Shares will be made in accordance with the following criteria:
Allocation of Offer Shares. Notification of allotment and payment instruction (the "Notification") will be sent to the Applicant by the Company on or about 16 February 2024, subject to any shortenings or extensions of the Application Period. The allocation will be made at the discretion of the Board of Directors. The Board of Directors will focus on criteria such as (but not limited to) current ownership in the Company, timeliness of the application, relative order size, sector knowledge, perceived investor quality, investment horizon and existing shareholding in the Company. The Company may, at its sole discretion, set a maximum allocation to any Applicant as well as reject or reduce any application in whole or in part. The final allocation of Offer Shares will be resolved by the Board of Directors. Allotment of Offer Shares for a lower amount than applied for does not affect the Applicant’s obligation to subscribe and pay for the Offer Shares allotted.
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