Examples of Secondary Investors in a sentence
Concurrently with and following the execution of the Merger Agreement, Taboola and certain accredited investors (the “Secondary Investors”) entered into share purchase agreements pursuant to which the Secondary Investors purchased 15,120,000 Taboola Ordinary Shares from certain shareholders of Taboola, at a price per share of $10.00 (assuming the Stock Split had been affected), for gross proceeds of $151,200.
In addition to this initial investment amount, up to US$20 million of unfunded capital commitments is expected to be contributed to the Secondary Fund severally (and not jointly) by the Secondary Investors at the same time and to be funded as required.
A total initial investment of US$90 million will be funded severally and not jointly by the Secondary Investors at the time of closing of the Secondary Sale to facilitate its acquisition of the US Microcap Portfolio Companies.
The Secondary Fund that is to acquire the US Microcap Portfolio Companies is a Delaware limited partnership formed on behalf of the Secondary Investors and managed by an affiliate of JZAI.
The full potential commitment by the Secondary Investors to the Secondary Fund is up to US$110 million in aggregate, with Hamilton Lane’s full potential commitment being up to approximately US$100 million and, as required by Hamilton Lane, the JZAI Founders' (or their respective affiliates) and members of the JZAI US microcap investment team’s full potential commitment being up to approximately US$10 million.
Zalaznick and John (Jay) Jordan II, the founders and principals of JZAI, (the "JZAI Founders") (or their respective affiliates) and various members of the JZAI US microcap investment team (the "Secondary Investors"), will be investing in the Secondary Fund, which will acquire the Company's interests in the relevant US microcap assets.
That being the case, the Company does however expect that the value of the Company’s Special LP Interest should increase in the near to medium term as the Secondary Investors fund the additional new capital required to grow the US Microcap Companies and complete their respective acquisition strategies.The Company intends to use up to US$70 million of the Cash Consideration received in connection with the Secondary Sale to repay a substantial portion of its senior debt.
This effect is relevant also considering the variables’ variation, where an increase in fees’ standard deviation would reduce underpricing’s one by about 1/3.The other independent variables that presented relevant results are Range Deviation, Offering Type (Secondary), Investors Participation (Institutional) and Company Age, with 0.325***2, 0.056*, 0.539* and -0.013** coefficients, respectively.
These factors illustrate the sensitivity of project outcomes to the project design quality.
Secondary Investors – A secondary CTE investor is a secondary student who earns 2 or more CTE credits in one or more state recognized program area.(Secondary investor definition used for all secondary performance indicators except Technical Skill attainment)Concentrators – A secondary student who has earned 3 or more credits in a single program area;2007-2008 Perkins IV Transition PlanDRAFT Pending final student definitions from OVAE FINAL AGREED UPON PERFORMANCE LEVELS FORM (FAUPL) Column 1A.