Prospective Purchasers definition

Prospective Purchasers or “Prospective Investors” or “Prospective Unit Purchasers” or “Prospective Unit Holders” or “Prospective Subscribers”: Persons or entities who or which receive copies of the Offering Circular and any Offering Materials intended to or which do induce any consideration of investing in any immediate Offering. This group includes those who invest successfully as well as those whose Subscriptions are either not accepted by the Managers or whose Subscriptions are accepted by the Managers, but who fail to ultimately be admitted as Members because the Offering or the specific Round of the Offering to which they were subscribed fails to Close. (See also, “Potential Purchasers” above)
View Source
Prospective Purchasers means those Third Parties with which the Licensee is, or shall be, conducting bona fide negotiations in an endeavor to conclude a Third Party Acquisition or a Partial Third Party Asset Acquisition whereby the Licensee or all or a portion of its petroleum exploration assets is acquired by such Third Party.
View Source
Prospective Purchasers. Persons or entities who or which receive copies of the Prospectus and are considering investing in the Offering.
View Source

Examples of Prospective Purchasers in a sentence

  • The Company will bear the costs of printing and distributing supplements for Prospective Purchasers.

  • The Company will bear the costs of printing and distributing prospectuses for Prospective Purchasers.

  • This Agreement shall continue in full force and effect until the first to occur of the following: (i) all of the Member Shares have been purchased by the Company, (ii) all of the Member Shares have been sold to one or more Prospective Purchasers in compliance with Section 2.3(b) and (ii) the Call Right under Section 2.2 has expired unexercised.

  • The Escrow Agent may resign at any time from its duties as Escrow Agent by giving at least thirty (30) days prior written notice ("Resignation Notice") pursuant to Article "9" of this Agreement to the Issuer and to all Selling Shareholders and Prospective Purchasers who have Escrow Items being held by the Escrow Agent.

  • The Escrow Shares shall remain as issued and deposited and shall be held for the sole benefit of the Prospective Purchasers, who shall have voting rights with respect to the Escrow Shares held in their names, as provided by applicable state law.

  • Prospective Purchaser(s) will need to provide proof of identity and residence.

  • The Reservation of Interest shall reserve the Prospective Purchaser position in line relative to other third-party Prospective Purchasers based upon the date and time it signs this Reservation of Interest and submits it to the Developer.

  • Prospective Purchasers should consult with their own legal, tax and financial advisors with respect to the Offering made pursuant to this Agreement.

  • The Company will bear the costs of printing and distributing both statutory and summary prospectuses for Prospective Purchasers.

  • In the event that the closing of the sale of all of the Remainder Securities to the Prospective Purchaser(s) does not occur during the Restricted Period, each Qualified Investor shall have the right, but not the obligation, to purchase the New Securities, if any, such Qualified Investor elected to purchase pursuant to this Section 4.

Related to Prospective Purchasers

  • Prospective Purchaser has the meaning set forth in Section 2.3(b)(i) hereof.

  • Prospective donor means an individual who is dead or near death and has been determined by a procurement organization to have a part that could be medically suitable for transplantation, therapy, research, or education. The term does not include an individual who has made a refusal.

  • Purchasers is defined in Section 12.3.1.

  • Prospective Transferee means any person to whom a Key Holder proposes to make a Proposed Key Holder Transfer.

  • Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Stock or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Stock.