Over-Allotment Option definition

Over-Allotment Option 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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Over-Allotment Option shall have the meaning ascribed to such term in Section 2.2.

Over-Allotment Option means the over-allotment option granted to the Underwriters by the Partnership pursuant to the Underwriting Agreement.

Examples of Over-Allotment Option in a sentence

• The number of Common Units issued in the Over-Allotment Contribution, if applicable, shall be equal to the number of shares of Class A Common Stock issued by PubCo in such exercise of the Over-Allotment Option.

• Upon consummation of the Offering and the Private Placement, it is intended that approximately $1,725,000 of the proceeds from the Offering and the Private Placement Units (whether or not the Over-Allotment Option is exercised) will be released to the Company and held outside of the Trust Account to fund the working capital requirements of the Company.

• In addition, to the extent the underwriters in the IPO exercise the Over-Allotment Option in whole or in part, upon the exercise of the Over-Allotment Option, PubCo will contribute the Over-Allotment Option Net Proceeds to the Company in exchange for newly issued Common Units, and such issuance of additional Common Units, if applicable, shall be reflected on the Schedule of Members (the “Over-Allotment Contribution”).

More Definitions of Over-Allotment Option

Over-Allotment Option has the meaning given to it in the second paragraph of this Agreement;

Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15% of the units sold in the IPO at a price equal to $10.00 per unit, less underwriting discounts and commissions.

Over-Allotment Option means a right granted to one or more underwriters by an issuer or a selling securityholder of the issuer in connection with the distribution of securities under a prospectus to acquire, for the purposes of covering the underwriter’s over-allocation position, a security of an issuer that has the same designation and attributes as a security that is distributed under such prospectus, and which

Over-Allotment Option has the meaning assigned to such term in the Partnership Agreement.

Over-Allotment Option means the over-allotment option granted to the IPO Underwriters by the Partnership pursuant to the IPO Underwriting Agreement.

Over-Allotment Option is defined in the recitals to this Agreement.

Over-Allotment Option has the meaning given to it above;