Examples of Placing Period in a sentence
The Placing Agreement cannot be terminated without cause during the entirety of the Placing Period.
On 16 May 2019, the Placing Agent and the Company entered into the Placing Agreement, pursuant to which the Placing Agent conditionally agreed to procure, on a best efforts basis, the Placees to subscribe in cash for the Bonds in an aggregate principal amount of up to HK$150,000,000 during the Placing Period.
Placing Period : The period commencing from the date of the Placing Agreement and terminating on the date falling on the expiration of six (6) months from the date of the Placing Agreement (or such later time and date as the Company and the Placing Agent may agree in writing).
The Company anticipates that the nature of the investments proposed to be made by it will give rise to a relatively stable NAV per Share during the Placing Period.
The Placing Agent has agreed to use its reasonable endeavors to procure independent Placees to subscribe for 5% coupon unlisted bonds of not less than an aggregate principal amount of HK$100,000,000 with a term of one year within the Placing Period.