Examples of Placing Letters in a sentence
Henderson and Lansdowne have agreed under the terms of the Placing Letters to subscribe for the maximum number of Open Offer Shares at the Placing Price, subject to clawback, on an equal basis.The Open Offer has been structured such that the maximum amount that can be raised by the Company under the Open Offer will not exceed the sterling equivalent of €5 million.
Finally, REGALS was run for 50 iterations, at which point it was well-converged.
The terms and conditions of this Part 9 will, where applicable, be deemed to be incorporated into any such Placing Letters.
Pursuant to the November 2020 Placing Letters, each November 2020 Placee agreed as a legally binding obligation to subscribe for the number of November 2020 Placing Shares set out on the relevant November 2020 Placing Letter at the November 2020 Placing Price.
Hybridan has entered into each of the Placing Letters with the Placees.