Examples of Offered Unit in a sentence
Each Offered Unit shall consist of (i) one Common Share (as defined herein) (a “Unit Share”) and (ii) one Common Share purchase warrant (a “Warrant”).
With respect to the exercise of Conversion Rights, the consideration payable for the Offered Unit shall be the issuance by the General Partner of the Common Stock Amount.
The price of the Offered Units purchased by the Underwriters shall be $987.50 per Offered Unit.
In November 2004 we commenced an offering of as many as 4,705,883 Units (“Offered Units”) at $1.70 per Offered Unit, each Unit consisting of (i) two (2) shares of our $.001 par value Series A Convertible Preferred Stock and (ii) one (1) callable warrant to purchase a share of our Common Stock at $1.27 per share.
In consideration for their services in underwriting the distribution of and purchasing the Offered Units, the Trust agrees to pay the Underwriters at the Closing Time a fee of $0.705 per Offered Unit for each Offered Unit purchased (being an aggregate amount of $3,877,500 in respect of the Firm Units and an aggregate amount of $387,750 in respect of the Underwriters' Option Units, if the Underwriters' Option is exercised in full).
The purchase price per Firm Offered Unit to be paid by the several Underwriters to the Company shall be seven dollars and forty-four cents ($7.44).
The purchase price to be paid for the Optional Units will be the same price per Optional Unit as the price per Offered Unit set forth in Section 1 hereof.
The purchase price for each Buyer (the “Purchase Price”) of the Offered Units to be purchased by each such Buyer at the Closing shall be equal to $288.78 per Offered Unit being purchased by such Buyer at the Closing.
The Company shall give each Member at least thirty (30) days prior written notice of any proposed issuance, which notice shall disclose in reasonable detail the proposed terms (including price per Offered Unit) and conditions of such issuance (the “Issuance Notice”).
Except as otherwise provided in Section 8 hereof, the initial exercise price of each Underwriter's Unit Warrant shall be $___ [120% of the Offered Unit price] per Underwriter's Unit.