Security Being Offered definition

Security Being Offered in the Offering Circular. Except as set forth in the Offering Circular, there are no outstanding options, warrants, rights (including conversion or preemptive rights and rights of first refusal), or agreements of any kind (oral or written) for the purchase or acquisition from the Company of any of its securities.
Security Being Offered. Class A Preferred, 8% cumulative dividend convertible to common stock further terms to be specified later. The Class A will be registered prior to funding the second traunche.

Examples of Security Being Offered in a sentence

  • Details of Security Being Offered The securities being offered to investors are promissory notes, which we refer to as “Notes.” The Notes are governed by a separate document called a Note Indenture, which you can view on the “InvestorInfo” tab of the campaign page.This section summarizes the principal features of the Notes and the Note Indenture.

  • These machines provide for monthly rental income of approximately $1,160,000 at December 31, 1996.

  • Details of Security Being Offered The securities being offered to investors are promissory notes, which we refer to as “Notes.” This section summarizes the principal features of the Note Purchase Agreement.

Related to Security Being Offered

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Issuance Request means a Letter of Credit request and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit B-2 hereto.

  • Advance Request means a request for an Advance submitted by Borrower to Lender in substantially the form of Exhibit A.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

  • Drawdown Notice means a notice in the form set out in Schedule 2 (or in any other form which the Agent approves or reasonably requires);

  • School security officer means a person who is employed by a board of education of any school district for the purpose of aiding and supplementing state and local law enforcement agencies in which the school district is located, but is not a law enforcement officer or police officer.

  • LC Request a request for issuance of a Letter of Credit, to be provided by Borrower Agent to Issuing Bank, in form satisfactory to Agent and Issuing Bank.

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Conversion Request A notice given by the Borrower to the Agent of the Borrower's election to convert or continue a Revolving Credit Loan in accordance with Section 2.7.

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • Facility LC Application is defined in Section 2.19.3.

  • Filing officer means the office that is designated by section

  • Advance Request Form means a certificate, in substantially the form of Exhibit A, properly completed and signed by Borrower requesting an Advance.

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • L/C Request has the meaning specified in Section 2.4(b).

  • Drawdown means a drawdown of a Facility.

  • Information Security Incident means (i) any actual or suspected incident involving Seller Information System that may involve Buyer’s Sensitive Information, or (ii) any actual or suspected unauthorized access to, use, or disclosure of Buyer’s Sensitive Information.

  • Conditional Acceptance means a conditional acceptance by the Liquidity Provider of an extension of the Scheduled Termination Date.

  • Servicing Officer Any officer of the Servicer involved in or responsible for, the administration and servicing of the Mortgage Loans whose name appears on a list of servicing officers furnished by the Servicer to the Master Servicer upon request, as such list may from time to time be amended.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Purchasing Officer means the director of the Purchasing Office and the principle recipient of procurement authority from the City Manager.

  • Certifying Officer shall have the meaning assigned thereto in Section 8.15(d).

  • Approving Officer means Richard S. Pzena, John P. Goetz, Ben Silver, Allison Fisch, or designee.

  • Borrowing Notice is defined in Section 2.8.

  • Special Instruction Form means a standardized form prescribed by the Management Company to be duly filled by the investor to change his/her particulars and will be stated in this Offering Document.