Net Offering Price definition

Net Offering Price means, with respect to a Follow-on Offering or the Universal Triggered Offering, the net public offering price per share (calculated after deduction of any underwriting discounts or commissions) in such offering.
Net Offering Price means the net price per share at which the Secondary Shares are sold in the Offering by the Stockholder to the Underwriters, after deduction for the per share Underwriting Spread;
Net Offering Price shall have the meaning set forth in the ------------------ recitals hereto.

Examples of Net Offering Price in a sentence

  • In the event of a Universal Triggered Offering, immediately prior to consummation of such offering, the Partnership shall distribute to Universal the number of shares of Common Stock allocated to Universal in the schedule prepared pursuant to Section 7.01(a)(z)(i) as if such schedule were prepared for Universal on the date of the pricing of the Universal Triggered Offering (using the Net Offering Price in the Universal Triggered Offering where applicable).

  • The Audit Committee of the Company has received a written opinion from its financial advisor prior to the execution of this Agreement and dated as of February 24, 2006, to the effect that the Purchase Price hereunder, which is equal to the Net Offering Price, is fair to the Company from a financial point of view.

  • The purchase price per share of Common Stock purchased by each Investor (the "Net Offering Price") shall be the price per share paid by the public in an initial public offering of the Company's Common Stock completed prior to December 15, 1999, less the per share underwriting fees and discounts paid by the Company in such initial public offering (but before the deduction of offering expenses payable by the Company).

  • The "Estimated Net Offering Price Per Share" shall mean the average of the highest and lowest net offering prices per share in the range of estimated net offering prices per share determined by the underwriter retained in connection with such offering, which underwriter shall be selected by the Initiating Xxxxxxxx Investors with the consent of the Board and the Majority Xxxx Investors.

  • Upon the terms and subject to the conditions set forth herein, Kosmos agrees to repurchase from Warburg, and Warburg agrees to sell to Kosmos, the Repurchased Shares at a price per share equal to the Net Offering Price (as defined below), provided, however, that the Net Offering Price shall not exceed $6.00 and the aggregate purchase price payable on the Closing Date for the Repurchased Shares shall not exceed $210,000,000.

  • The purchase price per share of Common Stock purchased by each Investor (the "Net Offering Price") shall be the price per share paid by the public in an initial public offering of the Company's Common Stock completed prior to November 15, 1999, less the per share underwriting fees and discounts paid by the Company in such initial public offering (but before the deduction of offering expenses payable by the Company).

  • Subject to the terms and conditions of this Agreement, each Investor agrees to purchase at the Closing, and the Company agrees to sell and issue to each Investor at the Closing, that number of shares of the Company's Common Stock (the "Common Stock") equal to the quotient obtained by dividing the aggregate estimated purchase price set forth opposite each Investor's name on Schedule A hereto by the Net Offering Price, as defined herein.

  • In the event of a Universal/Thomson Triggered Offering, immediately prior to consummation of such offering, the Partnership shall distribute to each of Universal and Thomson the number of shares of Common Stock (valued at the Net Offering Price in the Universal/Thomson Triggered Offering) necessary to cause a Satisfaction Event (with respect to such Partner).

  • Any holder selling Non-Convertible Shares shall deliver certificates for such shares (free and clear of all liens) to be purchased by the Company hereunder at the closing of such purchase against payment by the Company by wire transfer or certified check of the Net Offering Price Per Share delivered.

  • Subject to the terms and --------------------------------- conditions of this Agreement, each Investor agrees to purchase at the Closing, and the Company agrees to sell and issue to each Investor at the Closing, that number of shares of the Company's Common Stock (the "Common Stock") equal to the quotient obtained by dividing the aggregate estimated purchase price set forth opposite each Investor's name on Schedule A hereto by the Net Offering Price, as ---------- defined herein.


More Definitions of Net Offering Price

Net Offering Price shall have the meaning set forth in the recitals hereto. "Notice of Issuance" shall mean the notice of issuance certificate which may be delivered by the Company to the Investors in accordance with the provisions of Section 2.01, which shall be in the form attached hereto as Exhibit C. "NYSE" shall have the meaning set forth in Section 3.01(f). "Option on SOCO Shares" shall have the meaning set forth in the recitals hereto. "Person" or "person" shall mean an individual, corporation, association, partnership, trust, joint venture, business trust or unincorporated organization, or a government or any agency or political subdivision thereof. "PIK Period" shall mean, with respect to the 8.5% Convertible Preferred Stock, the two-year mandatory period during which the Company shall be obligated to issue pay-in-kind dividends on such stock. "Proxy Statement" shall have the meaning set forth in Section 4.09(b). "Registrable Shares" shall have the meaning set forth in Section 6.01. "Registration Expenses" shall have the meaning set forth in Section 6.07. "SEC" shall mean the United States Securities and Exchange Commission. "Second Closing" or "Second Closing Date" shall have the meaning set forth in Section 2.02(a). "Secondary Stock Offering" shall have the meaning set forth in the recitals hereto. "Securities Act" shall mean the Securities Act of 1933, as amended. "Share Repurchase Agreement" shall have the meaning set forth in the recitals hereto. "SOCO Option Agreement" shall have the meaning set forth in the recitals hereto. "SOCO Stock Redemption" shall have the meaning set forth in the recitals hereto. "SOCO" shall have the meaning set forth in the recitals hereto. 3 8 "Subsidiary" or "subsidiary" shall mean, with respect to any corporation (the "parent") any other corporation, association or other business entity of which more than 50% of the shares of the voting stock are owned or controlled, directly or indirectly, by the parent or one or more Subsidiaries of the parent, or by the parent and one or more of its Subsidiaries. "Tax Returns" means any return, amended return or other report required to be filed with respect to any Tax, including declaration of estimated tax and information returns. "Taxes" means any federal, state, local or foreign taxes, including but not limited to income, gross receipts, windfall profits, value added, severance, property, production, sales, use, license, excise, franchise, employment, withholding or similar taxes, together ...
Net Offering Price shall equal the public offering price per share of Kosmos Common Shares sold in the Public Resale Offering, less underwriting discounts and commissions per share, as set forth on the cover page to the final prospectus supplement to be filed by Kosmos pursuant to Rule 424(b) under the Securities Act of 1933, as amended.
Net Offering Price means the price per share of the Common Stock offered to the public, net of underwriting discounts and the reimbursement payment payable to Relational Advisors, LLC pursuant to Section 6.1(c) of this Agreement, equal to 6% of the gross proceeds of the Offering and documented, reasonable out-of-pocket expenses directly related to the Offering, provided, that such out-of-pocket expenses shall not exceed 1% of the gross proceeds of the Offering.

Related to Net Offering Price

  • Offering Price has the meaning given to it in the first paragraph of this Agreement;

  • Public Offering Price means the price per Share of the Fund at which NLD or selected dealers or selected agents may sell Shares to the public or to those persons eligible to invest in Shares as described in the Prospectus of the Funds, determined in accordance with such Prospectus under the Securities Act relating to such Shares.

  • Initial Public Offering Price The Underwritten Certificates will be offered to the public in negotiated transactions or otherwise at varying prices to be determined at the time of sale.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Selling Price means the same meaning as in RCW 82.08.010, except that when the product is sold under circumstances where the to- tal amount of consideration paid for the product is not indicative of its true value. Selling price means the true value of the product sold as determined or agreed to by the WSLCB. For purposes of this subsec- tion:

  • IPO Price means the initial public offering price of a REIT Share in the IPO.

  • Hold-the-Offering-Price Maturities means those Maturities of the Notes listed in Schedule A hereto as the “Hold-the-Price Maturities.”

  • Ending Price means the average closing price of one share of common stock on the applicable stock exchange during the twenty (20) trading days immediately preceding and including the last day of the Performance Period; provided that, in the case of a Change of Control, the Ending Price for the Company shall be the fair market value of a Share immediately prior to the Change of Control, and the Ending Price for all other companies shall be the average closing price of one share of common stock on the applicable stock exchange during the twenty (20) trading days immediately preceding the date of the Change of Control.

  • Net Selling Price of Licensed Products shall mean the gross selling price paid by a purchaser of a Licensed Product to COMPANY, an Affiliate or Sublicensee of COMPANY, or any other party authorized by COMPANY to sell Licensed Products less the following discounts:

  • Net Price as defined in Section 2, Definitions, of Attachment 2, Scope of Work, is hereby deleted in its entirety and replaced with the following: Net Price - The final price paid by the Customer after applying all MSRP discounts and MSRP Credits. The Net Price for Base Equipment, OEM and Non-OEM Option(s), Part(s), Accessory(ies), and Implement(s); and their respective features, equipment, and components shall include all charges for the Commodity, including but not limited to packing, handling, freight, distribution, transportation, startup, pre-delivery, delivery, inspection, installation, construction, assembly, title, and registration. The Contractor may include shipping charges for OEM and Non-OEM Options, Parts, Accessories, and Implements that the customer orders separately from the Base Equipment. Additional charges for a Commodity shall not be charged outside of the Net Price unless expressly authorized within the Scope of Work.

  • Trading Price of the Notes on any date of determination means the average of the secondary market bid quotations obtained by the Bid Solicitation Agent for $5,000,000 principal amount of Notes at approximately 3:30 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers the Company selects for this purpose; provided that if three such bids cannot reasonably be obtained by the Bid Solicitation Agent but two such bids are obtained, then the average of the two bids shall be used, and if only one such bid can reasonably be obtained by the Bid Solicitation Agent, that one bid shall be used. If the Bid Solicitation Agent cannot reasonably obtain at least one bid for $5,000,000 principal amount of Notes from a nationally recognized securities dealer on any determination date, then the Trading Price per $1,000 principal amount of Notes on such determination date shall be deemed to be less than 98% of the product of the Last Reported Sale Price of the Common Stock and the Conversion Rate.

  • Highest Closing Price means the highest closing price for shares of Substitute Common Stock within the six-month period immediately preceding the date the Substitute Option Holder gives notice of the required repurchase of the Substitute Option or the Substitute Share Owner gives notice of the required repurchase of the Substitute Shares, as applicable.

  • Starting Price means the closing price of a share of United Common Stock on the NASDAQ (as reported in The Wall Street Journal, or if not reported therein, in another authoritative source) on the Starting Date.

  • Beginning Price means, with respect to the Company and any other Comparison Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days beginning with the first trading day of the Performance Period. For the purpose of determining Beginning Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the date of distribution.

  • Discounted Market Price of Shares means, if the Shares are listed only on the TSX Venture Exchange, the Market Price less the maximum discount permitted under the TSX Policy applicable to Options.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Initial Offering Period means the period commencing with the initial effective date of the Prospectus and terminating no later than the ninetieth (90th) day following such date unless extended for up to an additional 90 days at the sole discretion of the General Partner.

  • Resale Price means the price at which Seller, acting in a commercially reasonable manner, sells or is paid for a Rejected Purchase, plus transaction and other administrative costs reasonably incurred by Seller in re-selling such Rejected Purchase; provided, however, that in no event shall Seller be required to utilize or change its utilization of the Facility or its other assets, contracts or market positions in order to minimize Buyer’s liability for such Rejected Purchase.

  • Minimum Sale Price means (i) with respect to a Receivable (x) that has become 60 to 210 days delinquent or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has been repossessed by the Servicer and has not yet been sold at auction, the greater of (A) 55% multiplied by the Principal Balance of such Receivable and (B) the product of the three month rolling average recovery rate (expressed as a percentage) for the Servicer in its liquidation of all receivables for which it acts as servicer, either pursuant to this Agreement or otherwise, multiplied by the Principal Balance of such Receivable or (ii) with respect to a Receivable (x) with respect to which the related Financed Vehicle has been repossessed by the Servicer and has been sold at auction and the Net Liquidation Proceeds for which have been deposited in the Collection Account, or (y) that has become greater than 210 days delinquent and with respect to which the related Financed Vehicle has not been repossessed by the Servicer despite the Servicer’s diligent efforts, consistent with its servicing obligations, to repossess the Financed Vehicle, $1.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Net Offering Proceeds means all cash or other assets received by General Partner or Borrower as a result of the issuance or sale of common shares of beneficial interest, preferred shares of beneficial interest, partnership interests, preferred partnership units, limited liability company interests, Convertible Securities or other ownership or equity interests in General Partner or Borrower less customary costs and discounts of issuance paid by General Partner or Borrower, as the case may be.

  • Cash sale price means the price of a good or service a retail buyer would pay if he or she paid for the good or service in cash, and that is stated in a retail installment contract or in a sales slip or other memorandum furnished by a retail seller to a retail buyer pursuant to a retail charge agreement for that good or service. The cash sale price may include any taxes and charges for delivery, installation, servicing, repairs, alterations, or improvements.

  • Wholesale price or "WSP" shall mean the greater of (i) the first published price of the Licensed Product offered to retailers by Publisher as evidenced by a sell sheet or price list issued by Publisher, or (ii) the actual price paid by retailers upon the first commercial shipment of a Licensed Product without offsets, rebates or deductions from invoices of any kind.

  • Issuance Price means the Sales Price less the Selling Commission.

  • Placing Price means 100 pence per Placing Share;