Initial Offering definition

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

Examples of Initial Offering in a sentence

  • Persons acquiring Interests in a manner other than through an Initial Offering or Subsequent Offering or pursuant to a Transfer shall make such Capital Contribution as shall be determined by the Managing Member in its sole discretion.

  • Persons acquiring Interests through an Initial Offering or Subsequent Offering shall make a Capital Contribution to the Company in an amount equal to the per share price determined in connection with such Initial Offering or Subsequent Offering and multiplied by the number of Interests acquired by such Person in such Initial Offering or Subsequent Offering, as applicable.

  • Unless otherwise set forth in the applicable Series Designation, the Managing Member or its Affiliates shall, at the first closing of any Initial Offering, hold at least one (1) Interest of the Series being issued pursuant to such Initial Offering.


More Definitions of Initial Offering

Initial Offering means the initial offering and sale of Common Units to the public, as described in the Registration Statement, including any Common Units issued pursuant to the exercise of the Over-Allotment Option.
Initial Offering means the first offering or private placement and issuance of any Series, other than the issuance to the Initial Member.
Initial Offering means the first issuance and sale for cash of Common Shares of the Company to any Person other than an Affiliate of the Company pursuant to (i) a public offering registered under the Securities Act or (ii) a private offering or offering qualified, as applicable, in accordance with Rule 144A, Regulation A, Regulation D or Regulation S of the Securities Act.
Initial Offering means the initial offering and sale of Common Units to the public, as described in the Registration Statement, including any offer and sale of Common Units pursuant to the exercise of the Over-Allotment Option.
Initial Offering means the acceptance of the initial subscription for Shares of the Company by Persons that are not Affiliates of the Manager.