Placing Proceeds definition

Placing Proceeds means the sum of the number of the Placing Shares multiplied by the Placing Price;
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Placing Proceeds means the amount equal to the product of the Placing Price and the number of Placing Shares and which shall be payable by the Placees and as recorded in the Placing Term Sheet;
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Placing Proceeds means £[●], being the gross funds received on closing of the Placing; “Premium Listing” means a premium listing under Chapter 6 of the Listing Rules;
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Examples of Placing Proceeds in a sentence

  • The Company is currently in process of exploring potential locations and in continuing negotiations with various landlords for the relocation and restaurant openings.The Company intends to continue to apply the IPO Proceeds and November Placing Proceeds in the manner consistent with that mentioned above.

  • As to the remaining Placing Proceeds, as at 31 December 2019, (i) approximately HK$9.2 million was used for repayment of debts; and (ii) approximately HK$4.8 million was used for general working capital of the Group.

  • The CGFL Entities will provide a security interest in favour of the Trustee over the Customer Loans originated utilising the Placing Proceeds advanced to it under the Loan Facility, receivables payable under those Customer Loans and any bank account into which the Placing Proceeds and receipts generated by the Customer Loans are to be paid.

  • Pending investment, the Placing Proceeds will be held in cash or near cash investments.

  • Inclusion control is the key to the production of high clean or ultra high clean steel.

  • The New CB under the CB Subscription will be issued under the Specific Mandate.The subscription price of the New CB, which shall be equivalent to the principal amount of the New CB, shall be settled and discharged by the Gross Placing Proceeds which shall, at completion of the CB Subscription, be remitted to the Company directly.

  • The Directors intend to use the Net Placing Proceeds (if any) to acquire investments in accordance with the Company’s investment objective and investment policy.Application has been made to the London Stock Exchange for the C Shares to be issued pursuant to the Placing to be admitted to trading on the Specialist Fund Segment.Subject to suitable investment opportunities arising, the Company expects to have deployed at least two-thirds of the Net Placing Proceeds by the end of the Investment Period.

  • To the extent that the Company is not able to participate in any planned investments after a Placing (which the Directors do not expect to be the case), the Net Placing Proceeds from such Placing may be invested in other assets that the Investment Manager believes offer attractive returns to the Company and that fall within the Investment Objective and Policy.

  • It is possible, therefore, that for a period following each Programme Admission and at certain other times, the Company will have cash awaiting investment, although the Directors and the Investment Manager are confident that the Placing Proceeds of each Placing will be invested promptly such that no more than ten per cent.

  • The Directors intend to use the Net Placing Proceeds (if any) to acquire investments in accordance with the Company’s investment objective and investment policy, as set out in paragraph 2 above.Subject to suitable investment opportunities arising, the Net Placing Proceeds are intended to be at least two-thirds invested by the end of the Investment Period.


More Definitions of Placing Proceeds

Placing Proceeds. The net proceeds of approximately HK$20,400,000 from the Placing “Placing Agreement” An agreement entered into between the Placing Agent and the Company dated 13 May 2003 “Placing Shares” The 1,200,000,000 new Shares to be placed pursuant to the Placing Agreement
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Placing Proceeds means the Main Placing Proceeds and the Additional Placing Proceeds;
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Placing Proceeds means the Placing Price multiplied by the number of Placing Shares which are placed with Placees pursuant to clause 4;
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Placing Proceeds means the sum of the number of the Placing Sale Shares purchased by each Placee multiplied by the Placing Price; the Aggregate Placing Proceeds under the Agreement is US$10,625,000;
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Placing Proceeds means the £1,015,000 of funds received on closing of the Placing; “Placing Shares” means the 7,249,998 new Ordinary Shares to be issued and allottedpursuant to the Placing;
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Placing Proceeds has the meaning given to it in clause 9.1.1(A);
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Related to Placing Proceeds

  • Refinancing Proceeds means the proceeds of the refinancing of any indebtedness of the Company, less the amount of expenses incurred by or on behalf of the Company in connection with such refinancing.

  • Proceeds all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC and, in any event, shall include, without limitation, all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto.

  • Principal Proceeds means, with respect to any Collection Period or the related Determination Date, all amounts received by the Borrower during such Collection Period that do not constitute Interest Proceeds, including unapplied proceeds of the Advances and any amounts received by the Borrower as equity contributions (howsoever designated).

  • Disposition Proceeds means, with respect to each Group I/II Non-Program Vehicle, the net proceeds from the sale or disposition of such Group I/II Eligible Vehicle to any Person (other than any portion of such proceeds payable by the Group I/II Lessee thereof pursuant to any Group I/II Lease).

  • Net Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower or any of its U.S. Subsidiaries in connection with such Casualty Event (net of all collection or similar expenses related thereto), but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first priority Lien permitted by clause (d) of Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Insurance Proceeds With respect to each Mortgage Loan, proceeds of insurance policies insuring the Mortgage Loan or the related Mortgaged Property.