Unsubscribed Amount Sample Clauses
The 'Unsubscribed Amount' clause defines the portion of an offering or allocation that remains uncommitted or unpurchased by investors or subscribers at a given point in time. In practice, this clause is often used in financial agreements, such as securities offerings or syndicated loans, to identify the amount that has not been taken up by the initial participants. For example, if a company issues shares and not all are purchased during the subscription period, the remaining shares constitute the unsubscribed amount. The core function of this clause is to clarify the status of unallocated interests, enabling the parties to determine next steps, such as offering the remainder to other investors or adjusting the terms of the deal.
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Unsubscribed Amount. To determine, or instruct the Subscription Agent to determine, the principal amount Unsubscribed Notes, if any, in good faith, and to provide, or instruct the Subscription Agent to provide a Purchase Notice or a Satisfaction Notice that reflects the amount of Unsubscribed Notes as so determined and to provide to the Investors, such written backup to the determination of the amount of Unsubscribed Notes an Investor may reasonably request.
Unsubscribed Amount. In the event that any party listed on Schedule II does not purchase the full amount set forth opposite its name (such amount, the “Unsubscribed Amount”) prior to the date fourteen days following the Initial Closing Date (the “Outside Closing Date”), the Investors which have committed their Pro Rata Amount shall have the right to invest at an Additional Closing, on a pro rata basis (the “Unsubscribed Pro Rata”), in an aggregate amount equal to the Unsubscribed Amount. Any amounts invested on an Unsubscribed Pro Rata basis shall be evidenced by separate notes, in the form attached hereto as Exhibit D (the “Unsubscribed Notes”). The Unsubscribed Notes shall be treated as “Notes” for all other purposes of this Agreement.
Unsubscribed Amount. To determine, or instruct the Subscription Agent (c) to determine, the principal amount Unsubscribed Notes, if any, in good faith, and to provide, or instruct the Subscription Agent to provide a Purchase Notice or a Satisfaction Notice that reflects the amount of Unsubscribed Notes as so determined and to provide to the Investors, such written backup to the determination of the amount of Unsubscribed Notes an Investor may reasonably request. No Stabilization. The Company will not take, directly or indirectly, any (d) action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Notes.