Released Share Offering definition

Released Share Offering has the meaning given such term in the Registration Agreement.
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Released Share Offering has the meaning set forth in Section 2.4(a).
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Examples of Released Share Offering in a sentence

  • Each share of Series A-1 Common Stock, Series A-2 Common Stock and Series A-3 Common Stock shall be converted, automatically and without payment of additional consideration or further action by the holder thereof, into one fully paid and non-assessable share of Common Stock upon the Transfer of such share pursuant to a Released Share Offering in accordance with the Registration Agreement.

  • If the MAC Trusts decline or otherwise fail to deliver a Released Share Request to the Company during any Demand Period, the Company will have the right, in its sole discretion, to effect a Released Share Offering in accordance with this Section 2.4 (the exercise of such right by the Company, a “Released Share Offering Election”).

  • From and after the execution of this Agreement, the Sellers shall no longer have the right to request that the Purchaser cause a Released Share Offering (as such term is defined in the Registration Agreement) to be effected pursuant to Article 2 of the Registration Agreement, and the Purchaser shall have no obligation to cause such a Released Share Offering to be effected.

  • Such notice shall set forth the number of Registrable Securities each of the MAC Trusts requested be included in the Released Share Offering or, in the case of any Released Share Offering Election, the number of Registrable Securities proposed by the Company to be offered for sale in the Released Share Offering.