Adjusted Subscription definition
Adjusted Subscription means, in relation to each Investor, the Subscription, less any Subscription Surplus returned to the Investor, together with any Equalisation Adjustment falling to be added to the Subscription for the purpose of calculating Performance Fees due;
Examples of Adjusted Subscription in a sentence
True Choice will subscribe for the Adjusted Subscription at the same valuation as the Company subscribed under the Subscription which was based on a valuation of RMB6 billion for 100% of Jianlibao.
For purposes of clarity, in connection with the Adjusted Subscription Price and additional issuances of Shares in connection therewith, the Company shall in no event be obligated to issue additional Warrants to the Subscriber.