Over-Subscription Privilege. If any shares of Common Stock available for purchase pursuant to the Rights offering are not subscribed for by Rights Holders pursuant to the Basic Subscription, the Subscription Agent shall allot such shares to Rights Holders who have properly subscribed for such shares pursuant to an over-subscription privilege on the terms and subject to the conditions set forth in the Prospectus, including as to proration. In addition, any Rights Holder other than a Record Date Stockholder who exercises Rights is entitled to subscribe for any Remaining Shares that are not otherwise subscribed for by Record Date Stockholders pursuant to their over-subscription privilege, on the terms and subject to the conditions set forth in the Prospectus, including as to proration. We refer to these over-subscription privileges as the “Over-Subscription Privilege.”]
Over-Subscription Privilege. If any shares of Common Stock available for purchase in the Offering are not subscribed for by Record Date Stockholders pursuant to the Basic Subscription (the "Remaining Shares"), a Record Date Stockholder that has exercised fully its Rights pursuant to the Basic Subscription may subscribe for a number of Remaining Shares, on the terms and subject to the conditions set forth in the section of the Prospectus entitled “The Offer,” including as to proration. These over-subscription privileges are referred to collectively as the "Over-Subscription Privilege." 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 Privilege. Shareholders who fully exercise the Rights initially issued to them will be entitled to the additional privilege of subscribing for and purchasing any Units not acquired by other holders of Rights (the “Over-Subscription Privilege”). The terms and conditions of the Over-Subscription Privilege are more fully set forth in the Prospectus included as a part of the Registration Statement (as defined below). The Company may also issue and sell additional Units to fill excess over-subscriptions after all of the Rights are exercised through the primary subscription or through the over-subscription privilege (“Excess Over-Subscription Units”).
Over-Subscription Privilege. If any shares of Common Stock available for purchase in the Offering are not subscribed for by Rights Holders pursuant to the Basic Subscription (the "Remaining Shares"), a Record Date Stockholder that has exercised fully its Rights pursuant to the Basic Subscription may subscribe for a number of Remaining Shares, on the terms and subject to the conditions set forth in the section of the Prospectus entitled “The Offer,” including as to proration. In addition, any Rights Holder other than a Record Date Stockholder who exercises Rights is entitled to subscribe for any Remaining Shares that are not otherwise subscribed for by Record Date Stockholders pursuant to their over-subscription privilege, on the terms and subject to the conditions set forth in the section of the Prospectus entitled “The Offer,” including as to proration. These over-subscription privileges are referred to collectively as the "Over-Subscription Privilege." 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 Privilege. The Dealer Manager agrees to pay the Soliciting Fees to the broker dealers designated on the applicable portion of the form used by the Holder to exercise Rights and the Over-Subscription Privilege, and if no broker- dealer is so designated pursuant to the terms of the Soliciting Dealer Agreement, then the Dealer Manager shall retain such Soliciting Fees for Shares issued pursuant to the exercise of Rights and Over-Subscription Privilege. Payment to the Dealer Manager by the Company will be in the form of a wire transfer of same day funds to an account or accounts identified by the Dealer Manager. Such payment will be made on each date on which the Company issues Shares after the Expiration Date. Payment to a Soliciting Dealer will be made by check to an address identified by such broker-dealer. Such payments shall be made on or before the tenth business day following each date on which the Company issues Shares after the Expiration Date.
Over-Subscription Privilege. To the extent Holders do not exercise all of the Subscription Rights issued to them pursuant to the Basic Subscription Privilege, any Underlying Shares represented by such Subscription Rights will be offered by means of the Over-Subscription Privilege to the Holders who wish to acquire more than the number of Underlying Shares to which they are entitled. Holders may indicate, on the Subscription Certificate that they submit with respect to the exercise of the Subscription Rights issued to them, how many Underlying Shares they desire to purchase pursuant to the Over-Subscription Privilege. If sufficient Underlying Shares remain after completion of the Basic Subscription Privilege, all Over-Subscription requests will be honored in full. If sufficient Underlying Shares are not available to honor all Over-Subscription requests, the available shares will be allocated pro rata (subject to elimination of fractional shares) among Holders who exercise the Over-Subscription Privilege based on the ratio that the number of available shares bears to the total number of shares which all Holders who exercise the Over-Subscription Privilege seek to purchase on the basis specified in the Prospectus.
Over-Subscription Privilege. Number of $1,000 principal amount notes subscribed for pursuant to the over-subscription privilege: ____________ x $1,000 = $_______________ payment. By exercising the over-subscription privilege, the undersigned represents and certifies that the undersigned has fully exercised its basic subscription privilege.
Over-Subscription Privilege. Shares not subscribed for in the Primary Subscription will be offered, by means of the Primary Over-Subscription Privilege, to the Stockholders who have exercised all exercisable Rights issued to them and who wish to acquire more than the number of Shares for which the Rights issued to them are exercisable. Stockholders should indicate, on the Subscription Certificate submitted with respect to the exercise of the Rights issued to them, how many Shares they are willing to acquire pursuant to the Primary Over-Subscription Privilege. If a sufficient number of Shares remain, all over-subscriptions will be honored in full. If subscriptions for Shares pursuant to the Primary Over-Subscription Privilege exceed the number of Shares 6 available, the available Shares will be allocated, pursuant to the terms of the Prospectus, first among Stockholders who subscribe for an aggregate of 100 or fewer Shares. Any Shares remaining thereafter will be allocated among all other Stockholders. In each case, if insufficient Shares are available to permit such allocation, Shares will be allocated pro rata among the Stockholders being prorated, based on the number of Shares such Stockholders subscribed for in the Primary Subscription relative to the aggregate number of Shares subscribed for in the Primary Subscription by all such Stockholders then being prorated. Any Exercising Rights Holder is entitled to subscribe for Shares which are not otherwise subscribed for in the Primary Subscription or pursuant to the Primary Over-Subscription Privilege. Exercising Rights Holders should indicate, on the Subscription Certificate submitted with respect to the exercise of any Rights, how many Shares they are willing to acquire pursuant to the Secondary Over-Subscription Privilege. If sufficient Shares remain, all over-subscriptions by Exercising Rights Holders will be honored in full. If remaining Shares are insufficient to permit such allocation, such Shares will be allocated pro rata among Exercising Rights Holders being prorated, based on the number of Shares such Exercising Rights Holders subscribed for in the Primary Subscription relative to the aggregate number of Shares subscribed for in the Primary Subscription by all such Exercising Rights Holders then being prorated. The percentage of Shares each over-subscribing Exercising Rights Holder may acquire may be rounded up or down to result in delivery of whole Shares. The Subscription Agent shall advise the Fund immediately upon the c...
Over-Subscription Privilege. If any shares of Common Stock available for purchase pursuant to the Rights offering are not subscribed for by Rights Holders pursuant to the Basic Subscription, the Subscription Agent shall allot such shares to Rights Holders who have properly subscribed for such shares pursuant to the Over-Subscription Privilege on the terms and subject to the conditions set forth in the Prospectus, including as to proration. The Subscription 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 Privilege. The Over-Subscription Privilege may only be exercised by holders who fully exercise their Basic Subscription Right. The maximum amount of shares of Common Stock available pursuant to the Over-Subscription Privilege shall equal that number of shares, at a price per share equal to the Subscription Price, having a value equal to $7.5 million reduced by the aggregate value of shares subscribed for pursuant to the Basic Subscription Right. Where there are sufficient shares of Common Stock remaining unsold, subject to the limitation described above, to satisfy all Over-Subscriptions by holders exercising their rights under the Over-Subscription Privilege, each holder shall be allotted the number of shares of Common Stock, at the Subscription Price, having a value equal to the amount subscribed for. If there is an insufficient number of shares of Common Stock remaining unsold after holders have exercised their basic subscription rights to satisfy in full all subscriptions received for additional shares, you will allocate the available shares, subject to the limitation described above, among the holders who exercise their Over-Subscription privilege on a pro rata basis according to their respective holdings, up to the amount such holder has subscribed for through the exercise of such holder's over-subscription privilege. Any fractional shares of Common Stock to which persons exercising their Over-Subscription Privilege would otherwise be entitled pursuant to such allocation shall be rounded down to the next whole share of Common Stock.
