Common use of Allocation of Securities Included in a Public Offering Clause in Contracts

Allocation of Securities Included in a Public Offering. If the managing underwriter or placement agent for any public offering effected pursuant to Section 3(a) or Section 3(b) (or, if there is none, a nationally recognized investment banking firm acting as financial advisor to the Company) advises the Company and Purchaser in writing that the number of Common Shares sought to be included in such public offering (including those sought to be offered by the Company and those sought to be offered by St. Xxxx and Purchaser) exceeds the maximum number of Common Shares whose inclusion in such public offering would not be reasonably likely to have an adverse effect on the price, timing or distribution of the Common Shares included in such public offering (the "Maximum Number"), the Company shall allocate Common Shares to be included in such public offering up to the Maximum Number as follows:

Appears in 4 contracts

Samples: Investment Agreement (Platinum Underwriters Holdings LTD), Investment Agreement (Platinum Underwriters Holdings LTD), Renaissancere Holdings LTD

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Allocation of Securities Included in a Public Offering. If the managing underwriter or placement agent for any public offering effected pursuant to Section 3(a) 2.1 or Section 3(b) 2.2 (or, if there is none, a nationally recognized investment banking firm acting as financial advisor to the Company) advises the Company and Purchaser St. Xxxx in writing that the number of Common Shares sought to be included in such public offering (including those sought to be offered by the Company and those sought to be offered by St. Xxxx and PurchaserXxxx) exceeds the maximum number of Common Shares whose inclusion in such public offering would not be reasonably likely to have an adverse effect on the price, timing or distribution of the Common Shares included in such public offering (the "Maximum Number"), the Company shall allocate Common Shares to be included in such public offering up to the Maximum Number as follows:

Appears in 3 contracts

Samples: Registration Rights Agreement (Platinum Underwriters Holdings LTD), Registration Rights Agreement (Platinum Underwriters Holdings LTD), Registration Rights Agreement (Platinum Underwriters Holdings LTD)

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