Over-Subscription. If, after allocation of shares of Common Stock to Record Date Shareholders, there remain unexercised Rights, then the Agent shall allot the shares issuable upon exercise of such unexercised Rights (the “Remaining Shares”) to shareholders who have exercised all the Rights initially issued to them and who wish to acquire more than the number of shares for which the Rights issued to them are exercisable. Shares subscribed for pursuant to the Over-Subscription Privilege will be allocated in the amounts of such over-subscriptions. If the number of shares for which the Over-Subscription Privilege has been exercised is greater than the Remaining Shares, the Agent shall allocate the Remaining Shares to Record Date Shareholders exercising Over-Subscription Privilege based on the number of shares of Common Stock owned by them on the Record Date. Any remaining shares to be issued shall be allocated to holders of Rights acquired in the secondary market based on the number of Rights exercised by such holders of Rights. The percentage of Remaining Shares each over-subscribing Record Date Shareholder or other Rights holder may acquire will be rounded up or down to result in delivery of whole shares of Common Stock. The Agent shall advise the Company immediately upon the completion of the allocation set forth above as to the total number of shares subscribed and distributable.
Over-Subscription. If, after allocation of the Shares to persons excercising Primary Subscription Rights, there remain unexercised Rights, then the Agent shall allot the Shares issuable upon exercise of such unexercised Rights (the "Remaining Shares") to shareholders who have exercised all the Rights initially issued to them and who wish to acquire more than the number of Shares for which the Rights issued to them are exercisable. Shares subscribed for pursuant to the Over-Subscription Privilege will be allocated in the amounts of such over-subscriptions. If the number of Shares for which the Over-Subscription Privilege has been exercised is greater than the Remaining Shares, the Agent shall allocate the Remaining Shares to Record Date Shareholders exercising Over-Subscription Privilege based on the number of Shares owned by them on the Record Date. Any remaining Shares to be issued shall be allocated to
Over-Subscription. If, after allocation of shares of Common Shares to Record Date Shareholders, there remain unexercised Rights, then the Agent shall allot the shares issuable upon exercise of such unexercised Rights in accordance with the allocation set forth in the Registration Statement. The Agent shall advise the Company immediately upon the completion of the allocation set forth in the Registration Statement as to the total number of shares subscribed and distributable.
Over-Subscription. If, after allocation of shares of Common Stock to Record Date Shareholders, there remain unexercised Rights, then the Agent shall allot the shares issuable upon exercise of such unexercised Rights (the “Remaining Shares”) to shareholders who have exercised all the Rights initially issued to them and who wish to acquire more than the number of shares for which the Rights issued to them are exercisable. Shares subscribed for pursuant to the Over-Subscription Privilege will be allocated in the amounts of such over-subscriptions. If the number of shares for which the Over-Subscription Privilege has been exercised is greater than the Remaining Shares, the Agent shall allocate the Remaining Shares pro rata among the Record Date Shareholders exercising the Over-Subscription Privilege in proportion to the number of shares of Common Stock each of those Record Date Shareholders owned on the Record Date, relative to the number of shares owned on the Record Date by all Record Date Shareholders exercising the Over-Subscription Privilege. If this pro rata allocation results in any Record Date Shareholder receiving a greater number of shares of Common Stock than the Record Date Shareholder subscribed for pursuant to the exercise of the Over-Subscription Privilege, then such Record Date Shareholder will be allocated only that number of shares for which the Record Date Shareholder over-subscribed, and the remaining shares will be allocated among all other Record Date Shareholders exercising the Over-Subscription Privilege on the same pro rata basis described above. The proration process will be repeated until all shares of Common Stock have been allocated. The percentage of Remaining Shares each over-subscribing Record Date Shareholder or other Rights holder may acquire will be rounded up or down to result in delivery of whole shares of Common Stock. The Agent shall advise the Company immediately upon the completion of the allocation set forth above as to the total number of shares subscribed and distributable.
Over-Subscription. In the case of over-subscription upon the closing date for applications. INREV will select successful sponsors by drawing of lots (lottery).
Over-Subscription. In the event the offering of the Units is over-subscribed, the Company reserves the right to allot to the Purchaser or any Additional Purchasers less than the number of Units subscribed for by the Purchaser or Additional Purchasers.
Over-Subscription. Enter the number of shares you desire to purchase under your Over-Subscription Privilege. THE OVER-SUBSCRIPTION PRIVILEGE IS AVAILABLE ONLY IF YOU EXERCISED ALL OF YOUR BASIC SUBSCRIPTION RIGHTS. The maximum number of Shares that you can purchase on Over-Subscription is 6,001,000 shares less the number of shares you purchased on Basic Subscription Rights. The number of shares that will actually be purchased by you will be subject to allotment if there are not enough shares remaining after the Basic Subscription Rights to completely fill all requests for purchases on Over-Subscription.
Over-Subscription. In the case of over-subscription, determined at the close of applications on Thursday, 12 December 2024, INREV will allocate sponsorships through a random draw (lottery). Initially, the lottery will include only companies who have selected a specific package as their first choice. If there are insufficient first choices for a particular package, companies with that package as a second choice may be added to the lottery. Unsuccessful applications will be voided. Let's consider a scenario where the Headline Sponsorship category is oversubscribed, and there are more companies selecting it as their first choice than there are available slots. In this case, a lottery will be conducted exclusively among those first-choice companies. However, suppose there are only 8 Support Sponsor applications in total. After completing the lottery for the Headline Sponsorship, if there are still open slots, companies with Support Sponsorship as their second choice will be included in the lottery for the support sponsorship. Should there be under-subscription by the closing date of applications on Thursday, 12 December 2024, the application period will remain open until all sponsorships are filled. Sponsorships will be granted in the order applications are received. This procedure ensures a fair and transparent process for sponsor selection, maximizing opportunities for interested companies and maintaining equity in the allocation of sponsorships. Name: Name: Date: Date: Signature: Signature: Name: Date: Signature:
Over-Subscription. To the extent Record Date Shareholders do not exercise all of the Rights issued to them, any underlying Shares represented by such Rights will be offered by means of the Over-Subscription Privilege to the Record Date Shareholders who have exercised all of the Rights issued to them and who wish to acquire more than the number of Shares to which they are entitled. Only Record Date Shareholders who exercise all the Rights issued to them may indicate, on the Subscription 6 Certificate, which they submit with respect to the exercise of the Rights issued to them, how many Shares they desire to purchase pursuant to the Over-Subscription Privilege. If sufficient Shares remain after completion of the Primary Subscription, all over-subscription requests will be honored in full. If sufficient Shares are not available to honor all over-subscription requests, the Fund may issue shares of Common Stock up to an additional 25% of the Shares available pursuant to the Offer in order to cover such over-subscription requests. Regardless of whether the Fund issues additional shares pursuant to the Offer and to the extent Shares are not available to honor all over-subscription requests, the available Shares will be allocated among those who over-subscribe based on the number of Shares owned by them in the Fund on the Record Date. The allocation process may involve a series of allocations in order to assure that the total number of Shares available for over-subscription is distributed on a pro rata basis.
Over-Subscription. In the case of over-subscription upon the closing date for applications (Wednesday 22 December 2021 17:00 CET). INREV will select successful sponsors by drawing of lots (lottery). Drawing of lots will take place in week 2 of 2022. Unsuccessful applications will be voided. In the case of under-subscription upon the closing date for applications (Wednesday 22 December 2021 17:00 CET) the application period will remain open until all sponsorships are filled. They will be awarded in the order that they are received. Name: Name: Date: Date: Signature: Signature: Name: Date: Signature:
