Firm Units definition

Firm Units means the Common Units to be sold to the Underwriters pursuant to the terms of the Underwriting Agreement, excluding the Option Units.
Firm Units means the Common Units to be sold to the Underwriters pursuant to the terms of the Underwriting Agreement, but does not include any Option Units.
Firm Units has the meaning given to it in the first paragraph of this Agreement;

Examples of Firm Units in a sentence

  • The Company shall not be obligated to sell or deliver the Firm Units except upon tender of payment by the Representative for all the Firm Units.

  • The Company has not offered, or caused the Underwriters to offer, the Firm Units to any person or entity with the intention of unlawfully influencing: (a) a customer or supplier of the Company or any affiliate of the Company to alter the customer’s or supplier’s level or type of business with the Company or such affiliate or (b) a journalist or publication to write or publish favorable information about the Company or any such affiliate.

  • Such Option Units shall be identical in all respects to the Firm Units.

  • If any Underwriter or Underwriters shall default in its or their obligations to purchase the Firm Units and if the number of the Firm Units with respect to which such default relates does not exceed in the aggregate 10% of the number of Firm Units that all Underwriters have agreed to purchase hereunder, then such Firm Units to which the default relates shall be purchased by the non-defaulting Underwriters in proportion to their respective commitments hereunder.

  • The Firm Units are to be offered initially to the public (the “Offering”) at the offering price of $10.00 per Firm Unit.


More Definitions of Firm Units

Firm Units shall have the meaning set forth in the Underwriting Agreement.
Firm Units is defined in Section 2.6.
Firm Units has the meaning given to it above;
Firm Units shall have the meaning ascribed to such term in Section 2.1(a)(i).
Firm Units has the meaning as set forth in the Recitals of this Agreement.
Firm Units means the Company's Units issued in the ESU Offering, other than Units issued as a result of exercise of the over-allotment option by the underwriters of the ESU Offering.
Firm Units means the 17,500,000 Common Units to be issued and sold to the Underwriters pursuant to the Underwriting Agreement.