Proposed Subscription definition

Proposed Subscription means a (i) a definitive written expression of intent to participate in the Offering by a Prospect, or (ii) completion of investment documents for the Offering on the Online Platform by any person, each as determined in the sole reasonable discretion of SI Securities. For the avoidance of doubt, an indication of interest received during Testing the Waters shall NOT be a Proposed Subscription.
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Proposed Subscription means the proposed investment in Metro by Xxx Xxxx and Xxxx Baharmat (" collectively the "Proposed Subscribers") of $350,000 cash in consideration of 245,000 shares of Metro, which Proposed Subscription will be cancelled as described in section 2.7;
Sample 1
Proposed Subscription the proposed subscription of 171,000,000 new A shares of the Target Company by Tequ Mayflower WFOE pursuant to the Subscription Agreement; “Purchaser” or “Tequ Mayflower WFOE” Sichuan Tequ Mayflower Education Management Co., Ltd. (四川特驅五月花教育管理有限公司), a company established in the PRC with limited liability and a wholly-foreign owned enterprise of Hope Education Group (Hong Kong) Company Limited; “RMB” Renminbi, the lawful currency of the PRC; “Sale Shares” 50,000,000 shares held by the Vendor in the Target Company; “Shareholder(s)” holder(s) of the ordinary share(s) of a nominal value of US$0.00001 each of the Company;
Sample 1

Examples of Proposed Subscription in a sentence

  • Company will indemnify NCPS and its affiliates, employees, officers or partners, for any losses, claims, damages or other costs (including reasonable attorney’s fees) related to any rejection of a Proposed Subscription.

  • As such, no prospectus or offer information statement will be issued by the Company in connection with the Proposed Subscription.

  • The Directors collectively and individually accept full responsibility for the accuracy of the information given in this announcement and confirm after making all reasonable enquiries, that to the best of their knowledge and belief, this announcement constitutes full and true disclosure of all material facts about the Proposed Subscription, and the Company and its subsidiaries, and the Directors are not aware of any facts the omission of which would make any statement in this announcement misleading.

  • There is no certainty or assurance as at the date of this announcement that the Proposed Subscription will be completed or that no changes will be made to the terms thereof.

  • The Proposed Subscription is not underwritten and there is no placement agent appointed for the purpose of the Proposed Subscription.

  • If accepted and upon payment in full to the Company for the Shares, the Company will issue the applicable Shares to such Subscribing Investor unless Subscribing Investor withdraws such Proposed Subscription before it is accepted.

  • A CPT trace at the test lo- cation is shown in Figure 8.The load test footing was excavated to the true design depth and dimensions, followed by an inspec- tion of the subgrade by an Aurecon engineer.

  • None of the Directors or substantial shareholders of the Company or their respective associates has any interest, direct or indirect, in the Proposed Subscription, other than in their capacity as Director or Shareholder of the Company.

  • The potential boost to activity from the recently agreed tax package may be a further positive in this regard, although this will be offset in part by the recent weakening in the dollar.

  • No person is proposed to be appointed as a director of the Company in connection with the Proposed Subscription.


More Definitions of Proposed Subscription

Proposed Subscription means a (i) a definitive written expression of intent to participate in the Offering by a Prospect, or (ii) completion of investment documentsfor the Offering on the Online Platform by any person,each as determined in the sole reasonable discretion of SI Securities.
Sample 1

Related to Proposed Subscription

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

  • Proposed Sale has the meaning set forth in Section 2.4(a).

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Key Holders or Investors.

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’ Hedged

  • User Subscriptions means the user subscriptions purchased by the Customer and set out in the Subscription Order Form which entitle Authorised Users to access and use the Services in accordance with this Agreement.

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Proposed Transaction is defined in Section 6.2(a).

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Subscription means the capital stock of the Bank subscribed to by a member.

  • Final Notice of Purchase means, in connection with an Optional Tender or a Mandatory Tender, a Notice of Purchase delivered by the Tender and Paying Agent to the Liquidity Provider (or directly to the Liquidity Provider by Beneficial Owners or their Agent Members, in the case of an Optional Tender, or Holders, in the case of a Mandatory Tender, if there is no Tender and Paying Agent or for any reason the Tender and Paying Agent does not perform its obligations) on the Purchase Date indicating the number of VRDP Shares to be purchased on such date pursuant to the Purchase Obligation, or, in connection with a Mandatory Purchase, the Mandatory Purchase Notice delivered by the Fund or the Tender and Paying Agent on behalf of the Fund.

  • Purchasing Member means a municipal utility which purchases electricity from a municipal electric cooperative association of which it is a member.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Offering Notice has the meaning set forth in Section 4.3(b).

  • Proposed Contract means the agreement including any other terms and conditions contained in or referred to in this RFP that may be executed between the DBSA and the successful Bidder.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.