Initial Closing of the Private Placement definition

Initial Closing of the Private Placement means the initial closing of the Private Placement once the Minimum Offering for the Private Placement has been achieved.
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Examples of Initial Closing of the Private Placement in a sentence

  • Such subscribers will be required to fund a purchase of the Class FA Shares up to the amount of their respective capital commitments upon delivery of a notice in connection with the Initial Closing of the Private Placement.

  • The Board of Directors, including the Independent Directors, shall review the investment and borrowing policies of the Company with sufficient frequency (and, upon the Initial Closing of the Private Placement or, if earlier, the Commencement of the Initial Public Offering, at least annually) to determine that the policies being followed by the Company at any time are in the best interests of its Members.

  • The Board of Directors may establish an audit committee and such other committees as they deem appropriate, and may delegate to such committees such powers as the Board of Directors deem appropriate, in their discretion, except as prohibited by the Act; provided that, following the Initial Closing of the Private Placement or, if earlier, the Commencement of the Initial Public Offering, at least a majority of the members of the audit committee are Independent Directors.

  • Each subscriber for Class FA Shares will irrevocably commit to purchase its committed amount of Class FA Shares in the Initial Closing of the Private Placement.

  • Prior to the Initial Closing of the Private Placement or, if earlier, the Commencement of the Initial Public Offering, the responsibilities of the Directors to the Company and its Members shall be as set forth in the Act.

  • The upper quartile, or third quartile (Q3) of 8.45%, is the value under which 75% of 3-year weighted average margins of the comparable companies are found when arranged in increasing order.

  • Such right may be exercised by Pisano at any time, in whole or in part, before the earlier of the date that is three years after the Initial Closing of the Private Placement or the date of HOB's initial public offering of securities pursuant to a firm commitment underwriting agreement.

Related to Initial Closing of the Private Placement

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Private Placement (or “limited offering”) means an offering that is exempt from registration under the 1933 Act pursuant to Section 4(2) or Section 4(6) of the 1933 Act or pursuant to rule 504, rule 505 or rule 506 under the 1933 Act.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Private Placement Lock-up Period means, with respect to Private Placement Warrants that are held by the initial purchasers of such Private Placement Warrants or their Permitted Transferees, and any of the Ordinary Shares issued or issuable upon the exercise or conversion of the Private Placement Warrants and that are held by the initial purchasers of the Private Placement Warrants or their Permitted Transferees, the period ending 30 days after the completion of the Company’s initial Business Combination.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Second Closing Date means the date of the Second Closing.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Second Closing has the meaning set forth in Section 2.2.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Additional Closing Date has the meaning set forth in Section 3.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Private place means a location which, at the time alcoholic beverages are kept, dispensed, or consumed, meets all of the following criteria:

  • Series Closing Date means the date designated as such in the Series Term Sheet.

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

  • IPO Closing Date means the closing date of the IPO.