Option to Purchase Additional Units definition

Option to Purchase Additional Units has the meaning assigned to it in the Partnership Agreement.
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Option to Purchase Additional Units means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.
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Option to Purchase Additional Units means the option granted to the underwriters pursuant to the Underwriting Agreement to purchase up to an additional 3,000,000 Normal Units.
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Examples of Option to Purchase Additional Units in a sentence

  • All references to limited partner interests representing a percentage of the total limited partner interest in the Partnership herein are calculated based on the number of Common Units expected to be outstanding following the expiration of the Option to Purchase Additional Units).

  • If the Option to Purchase Additional Units is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for Option Units on the basis of the Offering price per Common Unit set forth in the Registration Statement, net of underwriting discounts and the Structuring Fee.

  • Upon the conclusion of the Option to Purchase Additional Units, the Partnership shall take all action necessary to effect the Deferred Issuance and Distribution to WRSW.

  • The Option to Purchase Additional Units may be exercised by the Underwriter, in whole or in part at any time and from time to time on or before the thirtieth day following the date of the Prospectus (the “Option Period”), by written notice to the Selling Unitholders.

  • The Option to Purchase Additional Units may be exercised by the Representatives on behalf of the several Underwriters at any time and from time to time on or before the thirtieth (30th) day following the date of the Prospectus Supplement, by written notice to the Partnership.

  • The Option to Purchase Additional Units may be exercised by the Representative, on behalf of the several Underwriters, in whole or in part at any time and from time to time on or before the thirtieth day following the date of the Prospectus (the “Option Period”), by written notice to the Selling Unitholders.

  • The Option to Purchase Additional Units may be exercised by the Representatives, on behalf of the several Underwriters, in whole or in part at any time and from time to time on or before the thirtieth day following the date of the Prospectus (the “Option Period”), by written notice to the Partnership.

  • In the event that the Underwriters exercise less than their full Option to Purchase Additional Units, the number of Additional Units to be sold by each Selling Unitholder listed on Schedule II shall be, as nearly as practicable, in the same proportion as the maximum number of Additional Units to be sold by each Selling Unitholder.

  • The Option to Purchase Additional Units may be exercised by theRepresentatives on behalf of the several Underwriters at any time and from time to time on or before the thirtieth (30th) day following the date of the Prospectus Supplement, by written notice to the Partnership.

  • Issuer: Oaktree Capital Group, LLC (the “Company”) Title of Security: 6.625% Series A Preferred Units (the “Units”) Size: $180,000,000 (7,200,000 Units) Option to Purchase Additional Units: $27,000,000 (1,080,000 Units) Liquidation Preference: $25.00 per Unit Maturity: Perpetual Distribution Rate: At a rate per annum equal to 6.625% only when, as and if declared.

Related to Option to Purchase Additional Units

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2015-2 Vehicle for which the related 2015-2 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Option to Build means the option of the New Service Customer to build certain Customer- Funded Upgrades, as set forth in, and subject to the terms of, the Construction Service Agreement.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Additional Purchase Price has the meaning provided in Section 1.2(b).

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Incentive Shares means Shares awarded pursuant to the provisions of Article 12.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Unit Shares means the Common Shares comprising part of the Units;

  • Original Purchase Price means the price paid by you for the motor vehicle or a maximum of 110% of the market value of the vehicle as defined by Glass's Guide Retail at time of purchase, whichever is the lesser (including all factory fitted accessories) and after any discount given, but does not include the cost of dealer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and/or upholstery protection kits, insurance premiums (including the premium for this policy), warranty premiums, any finance arrears and any such associated costs and any negative equity transferred from a previous finance agreement.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.