Examples of Accepting Holder in a sentence
No Accepting Holder may participate in such Demand Offering unless such Accepting Holder agrees to sell its Registrable Securities on the basis provided in such underwriting agreement and completes and executes all questionnaires, powers of attorney, indemnities and other documents reasonably required under the terms of such underwriting agreement.
This procedure shall continue until all Rejected Securities have been taken up by the Accepting Holders, or until each Accepting Holder has indicated that they do not wish to take up additional Rejected Securities.
Securities not accepted by an Accepting Holder (each a “Rejected Security”) shall be offered to all Accepting Holders on the day falling one day after the expiry of the Proposed Issuance Offer Period.
The Offeror will round down the cash consideration payable to an Accepting Holder to the nearest whole sen.
Each Accepting Holder desiring to accept such offer shall provide written notice of such acceptance to the Company within five (5) Business Days after delivery of the Second Offer.