Community Offering definition

Community Offering means the offering for sale to certain residents of the Community, and thereafter members of the general public directly by the Holding Company of any shares of Conversion Stock not subscribed for in the Subscription Offering.

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Community Offering means the offering for sale by HoldCo of any shares of Common Stock not subscribed for in the Subscription Offering as set forth in Article 8 hereof, and includes any Public Offering. HoldCo may retain the assistance of a broker-dealer or syndicate of broker-dealers to assist it in connection with the sale of Common Stock in the Community Offering.

Community Offering. The term "Community Offering" means the offering of shares of Conversion Stock to the general public by First Star concurrently with or following the Subscription Offering, giving preference to shareholders of First Star and to natural persons and trusts of natural persons (including individual retirement and ▇▇▇▇▇ retirement accounts and personal trusts in which such natural persons have substantial interests) who are permanent Residents in NSB's Local Community.

Examples of Community Offering in a sentence

• In the event a Community Offering is held, it may be held at any time during or immediately after the Subscription Offering.

• The appointment of the Agent hereunder shall terminate upon the earlier to occur of (a) forty-five (45) days after the last day of the Subscription and Community Offering, unless the Company and the Agent agree in writing to extend such period and the OTS agrees to extend the period of time in which the Securities may be sold, or (b) the receipt and acceptance of subscriptions and purchase orders for all of the Securities, or (c) the completion of the Syndicated Community Offering.

• It is anticipated that shares not subscribed for in the Subscription and Community Offering may be offered to certain members of the general public on a best efforts basis through a selected dealers agreement (the “Syndicated Community Offering”) (the Subscription Offering, Community Offering and Syndicated Community Offering are collectively referred to as the “Offering”).

• If any of the Securities remain available after the expiration of the Subscription Offering and, if held, the Community Offering, at the request of the Company and the Bank, the Agent will seek to form a syndicate of registered brokers or dealers (“Selected Dealers”) to assist in the solicitation of purchase orders of such Securities on a best efforts basis in a Syndicated Offering.

• The Agent will pass onto the Selected Dealers who assist in the Syndicated Community Offering an amount competitive with gross underwriting discounts charged at such time for comparable amounts of stock sold at a comparable price per share in a similar market environment.

More Definitions of Community Offering

Community Offering means the offering for sale by the SHC of any shares of Common Stock not subscribed for in the Subscription Offering to (i) natural persons residing in counties in Pennsylvania in which the Bank has a branch office, and (ii) such other Persons within or without the Commonwealth of Pennsylvania as may be elected by the SHC and the Bank within their sole discretion.

Community Offering means Oconee’s offering of Oconee Common Stock to Community Offerees as contemplated by this Offering Circular.

Community Offering means the offering of Shares to the general public by the Holding Company concurrently with the Subscription Offering, giving preference in the following order to:

Community Offering means the offering for sale by the Holding Company of any shares of Conversion Stock not subscribed for in the Subscription Offering to such Persons within or without the Commonwealth of Pennsylvania as may be selected by the Holding Company, the Mid-Tier Holding Company and the Bank in their sole discretion and to whom a copy of the Prospectus is delivered by or on behalf of the Holding Company.

Community Offering means a Direct Community Offering and/or a Syndicated Community Offering.

Community Offering means the process by which First Star will offer the Conversion Stock if the Subscription Offering is not fully subscribed.

Community Offering means the offering for sale by the Holding Company of any shares of Conversion Stock not subscribed for in the Subscription Offering to such Persons within or without the State of Louisiana as may be selected by the Holding Company and the Association in their sole discretion and to whom a copy of the Prospectus is delivered by or on behalf of the Holding Company.