Oversubscription Period definition
Examples of Oversubscription Period in a sentence
Each Fully-Exercising Holder shall be entitled, by providing written notice to the Issuer within the Oversubscription Period, to elect to purchase up to the aggregate number of Equity Interests for which all Participation Offerees were entitled to, but did not, subscribe.
Operating Budget Section 8.3. Oversubscription Period Section 2.7(d).
The parties further understand that nothing in this CONTRACT shall be construed as the creation of a partnership or joint enterprise between the ACCDC and the RANGERS.
In order to exercise its purchase rights hereunder, each Purchasing Holder must deliver an Election Notice to the Company during the 15-day period (the "Oversubscription Period") following such Purchasing Holder's receipt of the Oversubscription Notice from the Company.
For a period of ninety (90) days following the expiration of the Preemption Period or the Oversubscription Period (as the case may be), the Company may issue the New Securities with respect to which the Preemptive Rights or the Oversubscription Rights under this Section 4 were not exercised or not fully exercised, at a price and upon terms not more favorable to the Proposed Recipient thereof than specified in the Issuance Notice.
Any such election by a Holder shall be irrevocable by the Holder during the 60-day period following expiration of the Oversubscription Period, but shall automatically expire for all Purchasing Holders at such time if the Company for any reason has failed to consummate any issuance and sale of Securities pursuant to the Proposed Additional Issuance prior thereto.