Oversubscription Privilege. SECTION 1.2(b) person..................................................... SECTION 8.3(e) Prospectus................................................. SECTION 1.2(f) Public..................................................... SECTION 1.3 Recapitalization...........................................
Oversubscription Privilege. If there are insufficient Excess Underlying Shares to satisfy all exercised Oversubscription Privileges, Excess Underlying Shares will be allocated among Rights Holders, including Qualified Financial Institutions (as defined below) that hold Rights for beneficial owners, who exercise the Oversubscription Privilege. Subject to the allocation and possible deduction described in Section 7(i) below, Excess Underlying Shares will be allocated pro rata among such Rights Holders based upon the number of Underlying Shares subscribed for pursuant to each such Rights Holder's Basic Subscription Privilege relative to the aggregate Underlying Shares subscribed for pursuant to the Basic Subscription Privilege by all such Rights Holders. To the extent that such pro rata allocation results in any Rights Holder being allocated more Excess Underlying Shares than such Rights Holder subscribed for pursuant to the Oversubscription Privilege, then such Rights Holder will be allocated only the number of Excess Underlying Shares subscribed for, and the remaining Excess Underlying Shares will be similarly and successively reallocated among all other Rights Holders exercising the Oversubscription Privilege. It will be the responsibility of Rights Holders to allocate prorated Excess Underlying Shares among any beneficial owners for which such Rights Holders are acting.
Oversubscription Privilege. The undersigned hereby subscribes for that number of additional shares of Common Stock, to the extent such shares are available in accordance with the terms of the Proxy Statement/Prospectus, shown on page 4 hereof under item (b)
Oversubscription Privilege. SECTION 1.2(b) person . . . . . . . . . . . . . . . . . . . . . SECTION 8.3(e) Prospectus . . . . . . . . . . . . . . . . . . . SECTION 1.2(f) Public . . . . . . . . . . . . . . . . . . . . . SECTION 1.3 Recapitalization . . . . . . . . . . . . . . . .
Oversubscription Privilege. As soon as practicable after the Expiration Date, the Subscription Agent will mail to each Holder who validly exercised the Oversubscription Privilege certificates representing the number of Underlying Shares allocated to such Holder pursuant to the Oversubscription Privilege.
Oversubscription Privilege. Subject to the allocation described below, each Subscription Right shall also carry the right (the "OVERSUBSCRIPTION PRIVILEGE") to subscribe for Underlying Shares at the Subscription Price, up to the aggregate number of Underlying Shares not subscribed through the Basic Subscription Privilege (such number, the "EXCESS SHARES"). If the Excess Shares are insufficient to satisfy all of the subscriptions pursuant to the Oversubscription Privilege, the Excess Shares shall be allocated pro rata among those holders of Subscription Rights exercising such Oversubscription Privilege in proportion to the number of Underlying Shares that each such holder exercising the Oversubscription Privilege has requested pursuant to the Oversubscription Privilege; provided, however, that (i) no fractional Underlying Shares shall be allocated, but, in lieu thereof, each holder of Subscription Rights exercising the Oversubscription Privilege who otherwise would be entitled to a fraction of an Underlying Share shall receive a number of Underlying Shares rounded to the nearest whole number and (ii) if such pro rata allocation results in any Subscription Rights holder being allocated a greater number of Excess Shares than such holder subscribed for pursuant to the exercise of such holder's Oversubscription Privilege, then such additional Excess Shares shall be allocated pro rata among all other holders exercising the Oversubscription Privilege in proportion to the number of Underlying Shares that each such other holder exercising the Oversubscription Privilege has requested pursuant to the Oversubscription Privilege. All beneficial holders of Subscription Rights who exercise the Basic Subscription Privilege shall be entitled to exercise the Oversubscription Privilege. In respect of the Oversubscription Privilege, Underlying Shares shall be entered into the transfer books of the Surviving Corporation in the name of each subscriber as soon as practicable following the Closing Date and after all prorations have been effected. Funds received, if any, in payment of the Subscription Price for Excess Shares subscribed for pursuant to the Oversubscription Privilege prior to notification by the Subscription Agent of the allocation of Excess Shares shall be held in a segregated account pending issuance of the Excess Shares. If a Subscription Rights holder exercising the Oversubscription Privilege is allocated less than all of the Excess Shares to which such holder wished to subscribe pursuant ...
Oversubscription Privilege. The purchase price for the shares obtained by the exercise of each Right shall be $10.00 per share, such amount to
Oversubscription Privilege. The Subscription Agent shall hold funds received in payment of the Exercise Price for Excess Shares subscribed for pursuant to the Oversubscription Privilege in a segregated account pending issuance of such Excess Shares. If a Holder exercising the Oversubscription Privilege is allocated less than all of the Excess Shares that such Holder wished to subscribe for pursuant to the Oversubscription Privilege, the Subscription Agent shall return the excess funds paid by such Holder in respect of the Exercise Price for shares not issued by mail without interest or deduction as soon as practicable after the Expiration Date.
Oversubscription Privilege. The undersigned hereby irrevocably subscribes for__________________ shares of common stock of Community First Bancorp,Inc. pursuant to the exercise of the undersigned's oversubscription privilege, subject to the availability of such shares, at $____ per share.(2)
Oversubscription Privilege. The undersigned hereby irrevocably subscribes for __________________ shares of common stock of CommerceFirst Bancorp, Inc. pursuant to the exercise of the undersigned's oversubscription privilege, subject to the availability of such shares, at $10.50 per share.2 Note: You may exercise the oversubscription privilege only if you have elected to purchase the full number of shares allocated to you in the rights offering..
