SUBSCRIPTION OF SHORT Sample Clauses

SUBSCRIPTION OF SHORT. Term Use-It-Or-Lose-It (Short-Term UIOLI) capacity are applicable to binding capacities between Balancing Zones North and South (North to South Link)
Sample 1
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SUBSCRIPTION OF SHORT. TERM USE-IT-OR-LOSE-IT (SHORT-TERM UIOLI) CAPACITY Subscriptions for Short-Term UIOLI capacity issued by the Shipper are handled via the IT system in accordance with the provisions described in Sub-clause 10.4 of Section B.
Sample 1Sample 2
SUBSCRIPTION OF SHORT. Term Use-It-Or-Lose-It (Short-Term UIOLI) capacity are applicable to binding capacities between North and South Balancing Zones (North-to-South Link). For the marketing of monthly interruptible capacities, the process described in the appendix B.3 completes the provisions aforementioned.
Sample 1
SUBSCRIPTION OF SHORT. TERM USE-IT-OR-LOSE-IT (SHORT-TERM UIOLI) CAPACITY
Sample 1
SUBSCRIPTION OF SHORT. TERM USE-IT-OR-LOSE-IT (SHORT-TERM UIOLI) CAPACITY‌ Capacity reserved by a shipper and not nominated can be allocated by GRTgaz to other shippers present at that point and which have requested Short-Term UIOLI capacity. This request is deemed to be equal to the difference between the shipper’s Nomination and the Initial Operational Capacity on that Network Interconnection Point (over-nomination). The conditions for the allocation of Short-Term UIOLI capacity are specified in Sub-clause 10.4. Short-Term UIOLI Capacity billed to the Shipper corresponds to the difference, if positive, between the Daily Quantity Taken Off, or respectively Delivered, and the sum of the Shipper’s Firm Rights and Interruptible Rights.
Sample 1

Related to SUBSCRIPTION OF SHORT

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.

  • Reservation of Shares The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon exercise of the Warrants and Placement Warrants outstanding from time to time.

  • Subscription Price Each Warrant is exercisable at a price per share (the “Exercise Price”) of US$1.00. One (1) Warrant and the Exercise Price are required to subscribe for each share during the term of the Warrants.

  • Subscription Subject to the terms and conditions hereof, at the Closing (as defined below), Subscriber hereby agrees to subscribe for and purchase, and the Company hereby agrees to issue and sell to Subscriber, upon the payment of the Purchase Price, the Subscribed Shares (such subscription and issuance, the “Subscription”).

  • Subscription Period the Initial Subscription together with any Renewal(s).

  • Exercise of Option The Over-allotment Option granted pursuant to Section 1.2.1 hereof may be exercised by the Representative as to all (at any time) or any part (from time to time) of the Option Units within 45 days after the effective date (“Effective Date”) of the Registration Statement (as defined in Section 2.1.1 hereof). The Underwriters will not be under any obligation to purchase any Option Units prior to the exercise of the Over-allotment Option. The Over-allotment Option granted hereby may be exercised by the giving of oral notice to the Company by the Representative, which must be confirmed in accordance with Section 10.1 herein setting forth the number of Option Units to be purchased and the date and time for delivery of and payment for the Option Units (the “Option Closing Date”), which will not be later than five (5) full Business Days after the date of the notice or such other time and in such other manner as shall be agreed upon by the Company and the Representative, at the offices of EG&S or at such other place (including remotely by facsimile or other electronic transmission) as shall be agreed upon by the Company and the Representative. If such delivery and payment for the Option Units does not occur on the Closing Date, the Option Closing Date will be as set forth in the notice. Upon exercise of the Over-allotment Option, the Company will become obligated to convey to the Underwriters, and, subject to the terms and conditions set forth herein, the Underwriters will become obligated to purchase, the number of Option Units specified in such notice.

  • Exercise of Options (a) The Option shall be exercised in accordance with the provisions of the Plan. As soon as practicable after the receipt of notice of exercise and payment of the Exercise Price as provided for in the Plan, the Company shall tender to the Optionee a certificate issued in the Optionee’s name evidencing the number of Option Shares covered thereby.

  • Sale of Shares The Issuer grants to Distributors the right to sell shares on behalf of the Issuer during the term of this Agreement and subject to the registration requirements of the Securities Act of 1933, as amended ("1933 Act"), and of the laws governing the sale of securities in the various states ("Blue Sky Laws") under the following terms and conditions: Distributors (i) shall have the right to sell, as agent on behalf of the Issuer, shares authorized for issue and registered under the 1933 Act, and (ii) may sell shares under offers of exchange, if available, between and among the funds advised by Fidelity Management & Research Company ("FMR") or any of its affiliates.

  • Aggregation of Stock All shares of Registrable Securities held or acquired by Affiliates shall be aggregated together for the purpose of determining the availability of any rights under this Agreement and such Affiliated persons may apportion such rights as among themselves in any manner they deem appropriate.

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