Minimum Units definition
Examples of Minimum Units in a sentence
If the Minimum Units are not sold prior to the expiration of the Offering Period, the Offering will terminate and the Company will withdraw the Offering, whereupon each Subscriber will receive a refund of any subscription paid, without deduction.
The Underwriter will be entitled to a commission of 10% on each Unit sold by it as such agent; provided, in the event the Minimum Units are not sold and the offering is terminated, the Underwriter shall not receive any commission.
Not fewer than the Minimum Units shall have been sold or shall be subject to subscriptions for which the full purchase price shall have been deposited in escrow and that shall have been accepted by the Company.
Not fewer than the Minimum Units shall either have been sold or shall be subject to subscriptions for which the full purchase price shall have been deposited in escrow and that shall have been accepted by the Company.
Minimum Units and Availability of Leave Replacements Regular rural carriers shall be granted annual leave in mini- mum units of one day.
Until such time as the Minimum Units have been accepted, the cash received for the subscriptions will be held in a non-interest bearing account ("Escrow Account") in the name of the Company at AMG Guaranty Trust, NA.
In order to maintain the exclusive right to Detail under this Agreement, Quinnova must attain the Minimum Units to Maintain Exclusivity set forth on Exhibit B for the applicable Calendar Year.
The first Closing of the purchase and sale of the Units under the Agreement shall take place on the second business day following acceptance by the Company of subscriptions for not less than the Minimum Units and the satisfaction of the other conditions described herein and in the Escrow Agreement.
In any Annual Period in which Purchaser does not purchase the Minimum Units, Purchaser shall pay to Supplier [***].
Subject to the Minimum Units Requirements, a Limited Partner may tender any or all of the Units owned by that Limited Partner.