Offer for Sale definition
Examples of Offer for Sale in a sentence
The Fresh Issue and Offer for Sale are collectively referred to as the “Offer”.
The Parties clarify that the Pre-IPO Placement, if undertaken, will not impact the size of the Offer for Sale.
The Fresh Issue and Offer for Sale are collectively referred to as the “Offer.
It has the necessary power and authority or capacity to offer and transfer its portion of the Offered Shares pursuant to the Offer, and there are no restrictions on it to transfer its portion of the Offered Shares pursuant to the Offer for Sale, under its constitutional documents, Applicable Law or any agreement or instrument binding on it.
The Selling Shareholders, severally and not jointly, agree that they shall not access or have recourse to their respective portions of the proceeds of the Offer for Sale until the final listing and trading approvals are received from the Stock Exchanges, until which time all monies received shall be kept in a separate bank account in a scheduled bank, within the meaning of Section 40(3) of the Companies Act, 2013.