Examples of Total Offering Size in a sentence
Upon written notice to __________, the Company may reduce the Backstop Amount to a number, expressed in dollars, calculated by subtracting from the Total Offering Size the following: (i) the dollar value of all shares purchased by participants in the Rights Offering other than __________ (exclusive of any other backstop commitments from other participants in the Rights Offering) plus (ii) the Pro Rata Backstop Participation of all parties other than __________ multiplied by the Total Offering Backstop.
Upon written notice to DNY, the Company may reduce the Backstop Amount to a number, expressed in dollars, calculated by subtracting from the Total Offering Size the following: (i) the dollar value of all shares purchased by participants in the Rights Offering other than DNY (exclusive of any other backstop commitments from other participants in the Rights Offering) plus (ii) the Pro Rata Backstop Participation of all parties other than DNY multiplied by the Total Offering Backstop.
The Company reserves the right, in its sole discretion, to increase the Total Offering Size, depending upon the interest of potential investors.