Offering Proceeds definition

Offering Proceeds has the meaning assigned to it in the Recitals hereto.

Offering Proceeds. Those sums raised by the Company through the Offering in exchange for Membership Interests (Units) in the Company.

Offering Proceeds has the meaning assigned to such term in the recitals of this Agreement.

Examples of Offering Proceeds in a sentence

• Reference is made to the Offering Proceeds Note Subordination Agreement.

• Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Offering Proceeds Note Subordination Agreement.

• Subject to Rule 419, upon the Company's receipt and acceptance of subscriptions and Offering Proceeds, the Company shall promptly deliver to the Escrow Agent such checks in the aggregate amount of the Offering Proceeds drawn to the order of the Escrow Agent or, alternatively, in the event that checks are drawn to the order of the Company, they shall be endorsed by the Company for collection by the Escrow Agent and credited to the Escrow Account.

• Neither a failure nor a delay on the part of the Issuer in exercising any right, power or privilege under this Agreement or the Offering Proceeds Note shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege.

• The Offering Proceeds Note Guarantor further agrees that the Obligations may be extended or renewed, in whole or in part, without notice or further assent from the Offering Proceeds Note Guarantor and that the Offering Proceeds Note Guarantor will remain bound under this Agreement notwithstanding any extension or renewal of the Obligations.

More Definitions of Offering Proceeds

Offering Proceeds shall have the meaning set forth in Section 16.

Offering Proceeds means the Capital Contributions received from the sale of the Class A and Class C Capital Units pursuant to the Offering.

Offering Proceeds means the gross cash proceeds of all sales of any shares of any series of Common Stock in a Redemption Offering.

Offering Proceeds means the gross proceeds of the initial offering of the Class

Offering Proceeds means the proceeds of all the securities offered in the Public Offering by Participating Members, not including securities subject to an Overallotment Option, securities to be received by the Participating Members, or underlying securities.

Offering Proceeds has the meaning assigned to such term in the recitals.

Offering Proceeds shall have the meaning set forth in Section 4.2(a).