ATM Program definition

ATM Program means an “at-the-market” offering within the meaning of Rule 415(a)(4) of the Securities Act.
ATM Program means an at-the-market distribution program allowing Emera to issue common shares from treasury at the prevailing market price.
ATM Program has the meaning set forth in Section 4.2(a).

Examples of ATM Program in a sentence

  • The ATM Shares sold under the ATM Program, if any, will be sold at the prevailing market price at the time of sale.

  • The ATM Program is effective until the earlier of April 13, 2021 or completion of the sale of the maximum amount of shares thereunder.

  • The ATM Program was established under a prospectus supplement to the Company’s short-form base shelf prospectus which expires on July 14, 2021.

  • In connection with the ATM Program, the Company entered into an equity distribution agreement with the Agent.

  • The common shares distributed under the ATM Program were at the market prices prevailing at the time of sale, and therefore prices varied between purchasers and over time.


More Definitions of ATM Program

ATM Program means any continuous equity program, “at-the-market” or “dribble out” program or similar continuous equity transaction program under which Enterprise engages one or more investment banks or other broker-dealers to act as distribution agents in continuous registered offerings of Common Units.
ATM Program means the at-the-market offering program to which the Distribution Agreement relates.
ATM Program means any at-the-market distribution program within the meaning of Part 9 of National Instrument 44-102—Shelf Distributions (and the equivalent or corresponding concept under U.S. securities laws) that the Company may implement from time to time by way one or more agreements with sales agents with respect thereto and under one or more prospectus supplements filed under one or more base shelf prospectuses.
ATM Program has the meaning set forth in Section 2(h).
ATM Program means any offer and sale from time to time of the Common Stock through one or more broker-dealers acting as the Company’s sales agent or agents or, if applicable, as forward seller or sellers (herein collectively referred to as “sales agents”) in negotiated transactions, including block trades, or transactions that are deemed to be “at the market” offerings as defined in Rule 415 under the Securities Act by means of ordinary brokers’ transactions at market prices prevailing at the time of sale, including sales made directly on a securities exchange, sales made to or through a market maker and sales made through electronic communications networks.
ATM Program means the at-the-market offering program to which the Distribution Agreement relates. “Board” means the board of directors of the General Partner.
ATM Program means the sale of Common Shares using “at-the-market” distributions;