Common use of The Optional Shares; Option Closing Date Clause in Contracts

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company hereby grants an option to the Underwriter to purchase up to an aggregate of 450,000 Optional Shares from the Company at the purchase price per share to be paid by the Underwriter for the Firm Shares. The option granted hereunder is for use by the Underwriter solely in covering any over-allotments in connection with the sale and distribution of the Firm Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter to the Company, which notice may be given at any time within 30 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter are exercising the option, (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such time

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company Selling Shareholder hereby grants an option to the Underwriter several Underwriters to purchase purchase, severally and not jointly, up to an aggregate of 450,000 652,174 Optional Shares from the Company Selling Shareholder at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares. The option granted hereunder is for use , less an amount per share equal to any dividend or distribution declared by the Underwriter solely in covering any over-allotments in connection with the sale Company and distribution of payable on the Firm Shares but not payable on Optional Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter Representative to the Selling Shareholder (with a copy to the Company), which notice may be given at any time within 30 6 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter Underwriters are exercising the option, option and (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such the Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timebe

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company Selling Stockholders hereby grants grant an option to the Underwriter several Underwriters to purchase purchase, severally and not jointly, up to an aggregate of 450,000 1,020,000 Optional Shares from the Company Selling Stockholders at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares. The option granted hereunder is for use , less an amount per share equal to any dividend or distribution declared by the Underwriter solely in covering any over-allotments in connection with the sale Company and distribution of payable on the Firm Shares but not payable on Optional Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter M▇▇▇▇▇ S▇▇▇▇▇▇ to the CompanyCompany and the Selling Stockholders, which notice may be given at any time within 30 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter Underwriters are exercising the option, option and (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such the Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timewhich

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company Selling Stockholders hereby grants grant an option to the Underwriter several Underwriters to purchase purchase, severally and not jointly, up to an aggregate of 450,000 Optional Shares from the Company Selling Stockholders at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares. The option granted hereunder is for use by the Underwriter Underwriters solely in covering any over-allotments in connection with the sale and distribution of the Firm Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter Representative to the Selling Stockholders (with a copy to the Company), which notice may be given at any time within 30 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter Underwriters are exercising the option, (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timeand

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company hereby grants an option to the Underwriter several Underwriters to purchase purchase, severally and not jointly, up to an aggregate of 450,000 6,411,633 Optional Shares from the Company at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares. The option granted hereunder is for use , less an amount per share equal to any dividend or distribution declared by the Underwriter solely in covering any over-allotments in connection with the sale Company and distribution of payable on the Firm Shares but not payable on Optional Shares; provided that, the first 4,142,232 Optional Shares purchased from the Company shall be purchased at a purchase price of $2.42 per Optional Share. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter Representatives to the Company, which notice may be given at any time within 30 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter Underwriters are exercising the option, option and (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such certificates for the Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timebe

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company hereby grants an option to the Underwriter several Underwriters to purchase purchase, severally and not jointly, up to an aggregate of 450,000 [—] Optional Shares from the Company at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares, less an amount per share equal to any dividend or distribution declared by the Company and payable on the Firm Shares but not payable on Optional Shares. The option granted hereunder is for use by the Underwriter Underwriters solely in covering any over-allotments in connection with the sale and distribution of the Firm Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter Representative to the Company, which written notice may be given at any time within 30 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter are exercising the option, (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timeSuch

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company hereby grants an option to the Underwriter Underwriters to purchase up to an aggregate of 450,000 1,350,000 Optional Shares from the Company at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares. The option granted hereunder is for use by the Underwriter Underwriters solely in covering any over-allotments in connection with the sale and distribution of the Firm Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter Representative to the Company, which notice may be given at any time within 30 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter Underwriters are exercising the option, (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such the Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timesuch

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company hereby grants an option to the Underwriter several Underwriters to purchase purchase, severally and not jointly, up to an aggregate of 450,000 1,800,000 Optional Shares from the Company at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares. The option granted hereunder is for use , less an amount per share equal to any dividend or distribution declared by the Underwriter solely in covering any over-allotments in connection with the sale Company and distribution of payable on the Firm Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon notice by the Underwriter Representatives to the Company, which notice may be given at any time within 30 days from the date of this Agreement. Such notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter Underwriters are exercising the option, option and (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such certificates for the Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timewill

The Optional Shares; Option Closing Date. In addition, on the basis of the representations, warranties and agreements herein contained, and upon the terms but subject to the conditions herein set forth, the Company Selling Stockholders hereby grants grant an option to the Underwriter several Underwriters to purchase purchase, severally and not jointly, up to an aggregate of 450,000 675,000 Optional Shares from the Company Selling Stockholders at the purchase price per share to be paid by the Underwriter Underwriters for the Firm Shares. The option granted hereunder is for use , less an amount per share equal to any dividend or distribution declared by the Underwriter solely in covering any over-allotments in connection with the sale Company and distribution of payable on the Firm Shares but not payable on the Optional Shares. The option granted hereunder may be exercised at any time and from time to time in whole or in part upon written notice by the Underwriter Representatives to the CompanyCompany and the Selling Stockholders, which written notice may be given at any time within 30 days from the date of this Agreement. Such written notice shall set forth (i) the aggregate number of Optional Shares as to which the Underwriter are exercising the option, (ii) the names and denominations in which the Optional Shares are to be registered and (iii) the time, date and place at which such Optional Shares will be delivered (which time and date may be simultaneous with, but not earlier than, the First Closing Date; and in the event that such timeUnderwriters are