Examples of Issuance Offer in a sentence
Securities not accepted by an Accepting Holder (each a “Rejected Security”) shall be offered to all Accepting Holders on the day falling one day after the expiry of the Proposed Issuance Offer Period.
A Notice of Issuance shall contain an irrevocable offer to sell such New Securities to the Purchaser in the manner set forth below at a purchase price equal to the price contained in, and on the same terms and conditions of, the Issuance Offer, and shall include a true copy of the Issuance Offer (which shall specify the name, business address, business telephone number and principal line(s) of business of the Purchaser).
Within 45 days (or such shorter period as agreed in advance and in writing by the Majority Holders) following delivery of the Proposed Issuance Notice (the “Proposed Issuance Offer Period”), each Holder electing to exercise its rights under Articles 44 to 46 shall give written notice to the Company specifying the number of securities to be purchased by such Holder and the calculation by such Holder of its Holder Pro Rata Share.
For example, if you purchased a policy earlier during the campaign period of Guaranteed Issuance Offer for WealthEnrich with annual premium of RM50,000, the balance maximum annual premium you can apply now is RM200,000 (total aggregated amount of RM250,000 per life).
Where any Holder fails to give a notice within the New Issuance Offer Period, such Holder shall be deemed to have waived its right in relation to the Proposed Issuance under this Section 6, and the Company may issue the relevant securities not accepted by such Holder to other third parties on terms which are not more favorable than the terms on which they were offered to the Holders.
If any of the Rejected Securities are not acquired by the Accepting Holders, the Company shall have 20 days from the expiration of the Proposed Issuance Offer Period to complete the issuance of the Rejected Securities on the same terms and conditions as set forth in the Proposed Issuance Notice.
If any of the Rejected Securities are not acquired by the Accepting Holders, the relevant Offshore Group Company shall have 20 days from the expiration of the Proposed Issuance Offer Period to complete the issuance of the Rejected Securities on the same terms and conditions as set forth in the Proposed Issuance Notice.
You may contact our Bank Sales Representative to find out more information on Guaranteed Issuance Offer of WealthSecure Smart.
Such notice shall state (i) the quantity, type and terms of such issuance of securities; (ii) the consideration which the Company will receive from the Proposed Issuance; (iii) the identity of the Additional Investors; and (iv) the terms of the Proposed Issuance Offer, including the calculation of such Holder’s shareholding percentage in the Company calculated on a fully diluted basis before and immediately following the Proposed Issuance.
Within 45 days (or such shorter period as agreed in advance and in writing by the Majority Holders) following delivery of the Proposed Issuance Notice (the “Proposed Issuance Offer Period”), each Holder electing to exercise its rights under this Section 4 shall give written notice to the relevant Offshore Group Company specifying the number of securities to be purchased by such Holder and the calculation by such Holder of its Holder Pro Rata Share.