Common use of Feasibility of the Secondary Public Offering Clause in Contracts

Feasibility of the Secondary Public Offering. In the event that both the Global Coordinator and the Revising Bank make any recommendations, based on their experience in similar cases and their expectations and forecasts in relation to the market, not to proceed with the Secondary Public Offering, considering it unfeasible at such time, then SALIC may only request a new Secondary Public Offering pursuant to this Section after twelve (12) months as from the date of delivery of the Feasibility Study by the Global Coordinator. 8.6.1. If, on the other hand, the Global Coordinator (or the Revising Bank, as the case may be) believes, based on its experience in similar cases and on its expectations and forecasts in relation to the market, that the Secondary Public Offering is feasible, then the Global Coordinator shall provide SALIC and the Company with an estimated price range for placement of the shares within the scope of the Secondary Public Offering.