Examples of Maximum Offering Size in a sentence
In the event that the IPO Follow-on Underwritten Offering is conducted pursuant to Section 2.02(a)(iii), the Company shall file with the SEC a registration statement on Form S-1 registering a number of shares of Class A Common Stock sufficient to permit the sale of all shares requested to be included in such offering permitted to be transferred pursuant to Section 2.02(a)(i) up to the Maximum Offering Size as soon as possible following a Change in Tax Law Determination.
If any portion of the Maximum Offering Size remains unallocated, the procedure in this clause (ii) shall be recursively repeated until all Registrable Securities up to the Maximum Offering Size have been allocated.
Notwithstanding the foregoing, an Underwritten Offering shall not be deemed to have occurred if the Underwritten Offering Maximum Offering Size is reduced in accordance with Section 2.01(a) such that less than fifty percent (50%) of the Registrable Securities of the Electing Holders sought to be included in such registration are included.
Notwithstanding any other provision of this Section 1.6, if the underwriter determines that the inclusion of all the securities requested to be included would exceed the Maximum Offering Size, the underwriter may (subject to the allocation priority set forth below) exclude from such Registration and underwriting some or all of the Registrable Securities which would otherwise be underwritten pursuant hereto.
ICN shall not be required to include Registrable Securities in any such registration if, and to the extent, in the opinion of ICN's investment bankers, delivered to SB in writing, the inclusion of such Registrable Securities would exceed the Maximum Offering Size.