Additional Offering means EverArc’s placing of 6,800,000 EverArc Ordinary Shares, consummated on January 15, 2020 at a placing price of $10.50 per ordinary share.
Additional Offering means for any Fiscal Quarter in which a Performance Fee is being calculated any offering of Company Common Units in which the total number of Company Common Units issued in such offering equals or exceeds 15% of the total number of Company Common Units issued and outstanding immediately prior to such offering; provided that “Additional Offering” shall not include:
Additional Offering means an Offering of unsecured Debt incurred or issued by the Borrower having, at the time of incurrence of any such Debt, a maturity date (meaning the ultimate maturity date on which repayment can be required by the lender, not the date of any initial maturity leading to an automatic conversion or replacement into different Debt, or Equity Interests) expiring after the expiry of the Term of the Revolving Facility, the terms and conditions of which Offering (including any automatic conversion or replacement as aforesaid and excluding, for greater certainty, (a) pricing, and (b) the right to require a replacement via an unsecured term loan or an offering of unsecured high yield Debt in an amount equal to the Additional Offering being replaced (“AO Replacement Debt”)) are no more favourable to the Persons providing such Debt, in all material respects, than the provisions hereof applicable to the Revolving Facility; for greater certainty, for the purposes of paragraph (f) of Section 13.7, any such AO Replacement Debt will not be considered a new incurrence of Debt.
Examples of Additional Offering in a sentence
Each Additional Offering Period (whether or not set forth in a written Sub-Plan) shall be considered a separate plan from the Plan (the “Statutory Plan”).
The Committee shall determine the commencement and duration of each Additional Offering Period, and Additional Offering Periods may be consecutive or overlapping.
Unless otherwise superseded by the terms and conditions approved by the Administrator with respect to an Additional Offering Period, the provisions of this Plan document shall govern the operation of any offering conducted hereunder.
If a Participant transfers employment from a Participating Company that is participating in an Additional Offering Period to a Participating Company that is participating in the Base Offering Period, he or she will continue to participate in the Additional Offering Period until the earlier of (i) the end of such Additional Offering Period, or (ii) the commencement of the first Base Offering Period in which he or she is eligible.
Each Base Offering Period and each Additional Offering Period conducted under the Plan is intended to constitute a separate “offering” for purposes of Code Section 423.
More Definitions of Additional Offering
Additional Offering means any offering of shares, other than through the global offering or the exercise of any over-allotment option in connection with the global offering, in any quarter in which a performance fee is being calculated.
Additional Offering means, collectively, the issuance, offering and sale in (a) any offering or issuance of capital stock, Equity-Preferred Securities or any other equity interests in the Borrower (to the extent permitted under Section 10.5), so long as all net cash proceeds thereof are applied in the following order: (i) first, (x) if the Southern Union Panhandle Bridge Loan is outstanding, to paying in full the Southern Union Panhandle Bridge Loan or (y) if the Southern Union Panhandle Bridge Loan is not outstanding (including, for avoidance of doubt, a funding of the Southern Union Panhandle Bridge Loan substantially simultaneously with the consummation of such a public offering), to financing a portion of the acquisition costs for the Cross Country Acquisition and (ii) second, to repaying other Debt of the Borrower, or (b) if all amounts owing under the Southern Union Panhandle Bridge Loan shall not have been repaid within three months after the Cross Country Acquisition Closing Date, an offering made pursuant to Rule 144A of the Securities Act of debt securities of the Borrower, Southern Union Panhandle or Panhandle Eastern, so long as all net cash proceeds from any such offering are applied to paying in full the Southern Union Panhandle Bridge Loan.
Additional Offering means for any Fiscal Quarter in which a Performance Fee is being calculated any offering of LLC Interests in which the total number of LLC Interests issued in such offering equals or exceeds 15% of the total number of LLC Interests issued and outstanding immediately prior to such offering; provided that “Additional Offering” shall not include:
Additional Offering means for any Quarter in which a Performance Fee is being calculated, any offering of Shares, other than through the Company's Initial Public Offer, or the exercise of any Over-allotment Option in connection with the Initial Public Offer.
Additional Offering means an Offering of unsecured Debt incurred or issued by the Borrower having a maturity date (meaning the date on which repayment can be required by the lender, not the date of any initial maturity leading to an automatic conversion or replacement) expiring after the expiry of the Term, the terms and conditions of which Offering (including any automatic conversion or replacement as aforesaid and excluding, for greater certainty, (a) pricing, and (b) the right to require a replacement via an unsecured term loan or an offering of unsecured high yield Debt in an amount equal to the Additional Offering being replaced (“AO Replacement Debt”)) are no more favourable to the Persons providing such Debt, in all material respects, than the provisions hereof; for greater certainty, for the purposes of paragraph (j) of Section 13.8, any such AO Replacement Debt will not be considered a new incurrence of Debt;”.
2. A new subsection 1.1.73 is hereby added to the Credit Agreement as follows. All other subsections are renumbered accordingly:
Additional Offering means for any Fiscal Quarter in which a Performance Fee is being calculated any offering of shares of Trust Stock other than shares of Trust Stock issued in connection with the Trust’s initial public offering or concurrent private placement to the Manager in which the total number of shares of Trust Stock issued in such offering equals or exceeds 15% of the total number of shares of Trust Stock issued and outstanding immediately prior to such offering; provided that “Additional Offering” shall not include:
Additional Offering means concurrent brokered and non-brokered private placement by the Corporation of up to $75,000,000 aggregate principal amount of Brokered Units contemplated by the Corporation;