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.
Sample 1Sample 2
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
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

Examples of Proposed Subscription in a sentence

  • 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.

  • No share borrowing arrangement has been entered into to facilitate the Proposed Subscription.

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

  • The pro forma financial effects of the Proposed Subscription are for illustration only and do not reflect the actual financial effects or the future financial performance and condition of the Group after the Proposed Subscription.

  • 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 will not result in a change of controlling interest in the Company.

  • 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.

  • No commission or introducer fee is paid or payable by the Company in connection with the Proposed Subscription.

  • Based on the number of Subscription Shares divided by the enlarged issued and paid-up share capital of the Company of 342,000,000 Shares after the Proposed Subscription.

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 shall have the meaning set forth in Section 4.2(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 Stockholders.

  • 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’

  • 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 has the meaning set forth in Section 9.2(c).

  • Proposed Acquirer means a Person proposed by a Respondent (or a Divestiture Trustee) to the Commission and submitted for the approval of the Commission as the acquirer for particular assets or rights required to be assigned, granted, licensed, divested, transferred, delivered or otherwise conveyed pursuant to this Order.

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • 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.