Examples of Overallotment Period in a sentence
For the purposes of clarification, at any time during the Overallotment Period, if a Purchaser (together with the Purchaser’s Affiliates, and any other Persons acting as a group together with the Purchaser or any of the Purchaser’s Affiliates) beneficially owns less than the Beneficial Ownership Limitation, it shall have the right to exercise any unexercised portion of its Overallotment Right, further subject to the beneficial ownership limitations set forth in this Section 2.2(c).
A Non-Selling Shareholder shall not have a right to purchase any of the Offered Shares or Preferred Shareholders’ Overallotment Shares, respectively, unless it exercises its right of first refusal within the Preferred Shareholders First Refusal Period or the Preferred Shareholders’ Overallotment Period, respectively, to purchase up to all of its First Refusal Allotment of the Offered Shares or Preferred Shareholders’ Overallotment Shares, respectively.
The Company shall have an option for a period of ten (10) days from the end of the Over-allotment Period to elect to repurchase any remaining Offered Shares at the same price and subject to the same terms and conditions as described in the Transfer Notice.
A Non-Selling Shareholder shall not have a right to purchase any of the Offered Shares or Series A Preferred Shareholders’ Overallotment Shares, as applicable, unless it exercises its right of first refusal within the Series A Preferred Shareholders First Refusal Period or the Series A Preferred Shareholders’ Overallotment Period, as applicable, to purchase up to all of its First Refusal Allotment of the Offered Shares or Series A Preferred Shareholders’ Overallotment Shares, as applicable.
Until the expiration of the Overallotment Period, the Company covenants to timely file (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to the Exchange Act even if the Company is not then subject to the reporting requirements of the Exchange Act.
The Participating Shareholders shall have five (5) days after receipt of the Overallotment Notice (the "Overallotment Period") to deliver a written notice to the Transferor (the "Participating Shareholders Overallotment Notice") of his, her or its election to purchase his, her or its pro rata share of the unsubscribed shares on the same terms and conditions as set forth in the Notice.
The Company may, during the ninety (90)-day period following the expiration of the Overallotment Period (the "THIRD PARTY PERIOD"), offer New Securities not purchased by Shareholders pursuant to Section 1.2 to any person or persons at a price not less than and upon terms no more favorable to the offeree than those specified in the New Issuance Notice.
Until the expiration of the Overallotment Period, the Company will take commercially reasonable efforts to continue the listing and trading of its Common Stock on a Trading Market and will comply in all respects with the Company’s reporting, filing and other obligations under the bylaws or rules of the Trading Market.
Until the expiration of the Overallotment Period, the Company agrees to maintain the eligibility of the Common Stock for electronic transfer through the Depository Trust Company or another established clearing corporation, including, without limitation, by timely payment of fees to the Depository Trust Company or such other established clearing corporation in connection with such electronic transfer.