Open Market Sale Agreement definition

Open Market Sale Agreement is a service mark of Xxxxxxxxx LLC

Open Market Sale Agreement is a service xxxx of Jefferies LLC

Open Market Sale Agreement is a service mark of Xxxxxxxxx LLC than $1.00 without the prior written consent of the Agent, which may be withheld in the Agent’s sole discretion.

Examples of Open Market Sale Agreement in a sentence

• On March 11, 2020, Neptune entered into an Open Market Sale Agreement with Jefferies LLC pursuant to which the Corporation may from time to time sell, through at-the-market (ATM) offerings with Jefferies LLC acting as sales agent, such common shares as would have an aggregate offer price of up to $70,310,000 (US$50,000,000).

• We have agreed to pay Jefferies commissions for its services in acting as agent in the sale of the Open Market Shares in the amount of up to 3.0% of gross proceeds from the sale of the Open Market Shares pursuant to the Open Market Sale Agreement.

• On March 11, 2020, Neptune entered into an Open Market Sale Agreement with Jefferies LLC pursuant to which the Corporation may from time to time sell, through at-the-market (ATM) offerings with Jefferies LLC acting as sales agent, such common shares as would have an aggregate offer price of up to $70,310,000 (US$50 million).

• Under the Open Market Sale Agreement, Jefferies may sell the Open Market Shares by methods deemed to be an “at the market offering” as defined in Rule 415(a)(4) promulgated under the Securities Act.

• The Company is not a party to any agreement with an agent or underwriter for any “at the market” or continuous equity transaction other than that certain Open Market Sale Agreement, dated as of April 30, 2021, by and between the Company and Xxxxxxxxx LLC, and no sales of Common Stock are pending thereunder.

• The Company has agreed to pay Jefferies commissions for its services in acting as agent in the sale of the Open Market Shares in the amount of up to 3.0% of gross proceeds from the sale of the Open Market Shares pursuant to the Open Market Sale Agreement.

• The Company may sell the Open Market Shares in amounts and at times to be determined by the Company from time to time subject to the terms and conditions of the Open Market Sale Agreement, but it has no obligation to sell any of the Open Market Shares in the Open Market Offering.

• We may sell the Open Market Shares in amounts and at times to be determined by us from time to time subject to the terms and conditions of the Open Market Sale Agreement, but we have no obligation to sell any of the Open Market Shares in an Open Market Offering.We or Jefferies may suspend or terminate the offering of Open Market Shares upon notice to the other party and subject to other conditions.

• During the year ended March 31, 2020, Neptune entered into an Open Market Sale Agreement with Jefferies LLC pursuant to which the Corporation may from time to time sell, through at-the-market (ATM) offerings with Jefferies LLC acting as sales agent, such common shares as would have an aggregate offer price of up to $70,310,000 (US$50,000,000).

• On May 5, 2020, we entered into Amendment No. 1 to the Open Market Sale Agreement, pursuant to which we increased the maximum aggregate offering price of shares of our common stock that we may issue and sell from time to time through Jefferies, by $100.0 million, from $75.0 million to up to $175.0 million (the “Open Market Shares”).

More Definitions of Open Market Sale Agreement

Open Market Sale Agreement is a service mark of Jxxxxxxxx LLC “ ” means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice. “ Notice ” means a written notice delivered to the Agent by the Company in accordance with this Agreement in the form attached hereto as Exhibit A that is executed by its principal executive officer or principal financial officer. “ Date ” means any Trading Day during the Agency Period that an Issuance Notice is delivered pursuant to Section 3(b)(i). “ ” means the Sales Price less the Selling Commission. “

Open Market Sale Agreement is a service mark of Xxxxxxxxx LLC “Affiliate” of a Person means another Person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such first- mentioned Person. The term “control” (including the terms “controlling,” “controlled by” and “under common control with”) means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

Open Market Sale Agreement is a service maxx xf Jexxxxxxx XLC

Open Market Sale Agreement is a service xxxx of Jefferies LLC than $1.00 without the prior written consent of the Agent, which may be withheld in the Agent’s sole discretion.

Open Market Sale Agreement is a service xxxx of Xxxxxxxxx LLC “under common control with”) means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise.