DRP Offering definition

DRP Offering means the offering of Shares pursuant to the Company’s Distribution Reinvestment Plan, dated , 2014 as the same may be amended from time to time.
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Examples of DRP Offering in a sentence

  • Shares shall be offered pursuant to the DRP for the purchase price set forth in the Prospectus and the DRP, subject to the terms and pricing information provided in the Prospectus and the DRP, including the Company’s right to reallocate Share amounts between the Primary Offering and the DRP Offering and to adjust the offering price.

  • The Company may terminate the DRP Offering at any time.On October 3, 2017, the Company launched a private placement offering exempt from registration pursuant to Rule 506(c) of Regulation D of the Securities Act pursuant to which the Company is currently offering a maximum of$1,000,000,000 in shares of its Class A common stock to accredited investors (the “Second Private Offering”).

  • Collectively, through its public offerings, the Company has raised gross offering proceeds of approximately $3.1 billion, including the DRP Offering, all of which have been invested in the Company’s real estate portfolio.

  • Collectively, through its public offerings, the Company has raised gross offering proceeds of approximately $3.0 billion, including the DRP Offering, all of which have been invested in the Company’s real estate portfolio.

  • The Company terminated the Primary Offering effective June 30, 2017.The Company continues to offer shares of common stock pursuant to the DRP Offering.

  • In some states, the Company will need to renew the registration statement annually to continue the DRP Offering.

  • Our board of directors will adjust the offering price of the shares of Class C common stock sold in the Primary Offering and the Registered DRP Offering annually in the first quarter of each year during the course of the offering.

  • Collectively, through its public offerings, including the DRP Offering, Hines Global raised approximately $3.0 billion as of December 31, 2016.

  • As of now, we only offer Class A and Class T shares pursuant to our DRP Offering, both of which are offered at a price of$10.66 per share.

  • Pursuant to the Registration Statement, we also registered a maximum of 10,000,000 shares of common stock pursuant to our Registered DRP Offering.

Related to DRP Offering

  • Piggyback Offering has the meaning set forth in Section 7(a).

  • Shelf Offering has the meaning set forth in Section 1(d)(i).

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Public Offering means the sale in an underwritten public offering registered under the Securities Act of equity securities of the Company or a corporate successor to the Company.

  • Rule 415 Offering means an offering on a delayed or continuous basis pursuant to Rule 415 (or any successor rule to similar effect) promulgated under the Securities Act.

  • Secondary Offering means an offering of securities of a publicly traded company that prior to the offering were not registered under the Securities Act of 1933, as amended.

  • Primary Offering means the portion of an Offering other than the Shares offered pursuant to the Company’s distribution reinvestment plan.

  • Initial Offering means the initial offering and sale of Common Units to the public, as described in the Registration Statement.

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).

  • Qualifying Public Offering means a firm commitment underwritten public offering of Stock for cash where the shares of Stock registered under the Securities Act are listed on a national securities exchange.

  • Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering.

  • Periodic Offering means an offering of Securities of a series from time to time, the specific terms of which Securities, including, without limitation, the rate or rates of interest, if any, thereon, the stated maturity or maturities thereof and the redemption provisions, if any, with respect thereto, are to be determined by the Issuer or its agents upon the issuance of such Securities.

  • Initial Public Offering means an offering of securities registered under the Securities Act of 1933, the issuer of which, immediately before the registration, was not subject to the reporting requirements of sections 13 or 15(d) of the Securities Exchange Act of 1934.

  • Qualifying Offering means a private offering of *****’s equity securities (or securities convertible into or exercisable for *****’s equity securities) for cash (or in satisfaction of debt issued for cash) having its final closing on or after the date of this Agreement and which includes investment by one or more venture capital, professional angel, corporate or other similar institutional investors other than Stanford. For the avoidance of doubt, if ***** is a limited liability company, then “equity securities” means limited liability company interests in *****.

  • Piggyback Registration shall have the meaning given in subsection 2.2.1.

  • Underwritten Offering Notice has the meaning set forth in Section 2(b).

  • Pending Underwritten Offering means, with respect to any Holder forfeiting its rights pursuant to this Section 4.5(l), any underwritten offering of Registrable Securities in which such Holder has advised the Company of its intent to register its Registrable Securities either pursuant to Section 4.5(a)(ii) or 4.5(a)(iv) prior to the date of such Holder’s forfeiture.

  • Shelf Underwritten Offering shall have the meaning given in subsection 2.1.3.

  • Limited Offering means an offering that is exempt from registration under the 1933 Act pursuant to Section 4(2) or Section 4(6) thereof or pursuant to Rule 504, Rule 505, or Rule 506 thereunder.

  • Subscription Offering means the offering of the Conversion Stock to Participants.

  • Qualified Initial Public Offering means a public offering of the securities of Parent pursuant to an effective registration statement filed under the Securities Act, that is fully underwritten pursuant to a firm commitment contract and with respect to which the product of (a) the price to the public per share multiplied by (b) the aggregate number of offered shares will yield Net Offering Proceeds of at least $50,000,000.

  • Underwritten Offering means a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

  • Piggyback Registration Statement has the meaning set forth in Section 3(a).

  • Marketed Underwritten Offering means any Underwritten Offering (including a Marketed Underwritten Shelf Take-Down, but, for the avoidance of doubt, not including any Shelf Take-Down that is not a Marketed Underwritten Shelf Take-Down) that involves a customary “road show” (including an “electronic road show”) or other substantial marketing effort by the Company and the underwriters over a period of at least 48 hours.

  • Initial Public Offering” (“IPO means an offering of securities registered under the 1933 Act, the issuer of which, immediately before the registration, was not subject to the reporting requirements of Sections 13 or 15(d) of the 1934 Act.

  • Delayed Offering means an offering of securities pursuant to Rule 415 which does not commence promptly after the effective date of a registration statement, with the result that only information required pursuant to Rule 415 need be included in such registration statement at the effective date thereof with respect to the securities so offered. Whether the offering of the Securities is a Non-Delayed Offering or a Delayed Offering shall be set forth in Schedule I hereto.