Initial Offering Price definition
Examples of Initial Offering Price in a sentence
Pursuant to such agreement, no Underwriter (as defined below) has offered or sold any Maturity of the Hold-the-Offering-Price Maturities at a price that is higher than the respective Initial Offering Price for that Maturity of the Bonds during the Holding Period.
The Representative will promptly advise the Issuer when the Tax Law Underwriters have sold 10% of each such Held Maturity to the Public at a price that is no higher than the applicable Initial Offering Price of such Held Maturity, if that occurs prior to the close of the fifth business day after the Sale Date.
The Issue Price Certificate will set forth the maturities, if any, of the Bonds for which the issue price will be the applicable Initial Offering Price because the 10% Test was satisfied as of the Sale Date.
Prior to the date hereof, the Managing General Partner and the H▇▇▇▇ Limited Partner have collectively made Capital Contributions to the Partnership in excess of the H▇▇▇▇ Capital Requirement at a price per Unit equal to the Initial Offering Price.
The parties acknowledge that all Subscription Agreements entered into prior to the end of the Initial Offering Period provide for the issuance of Units at the Initial Offering Price.