Option to Purchase Additional Units definition

Option to Purchase Additional Units has the meaning assigned to it in the Partnership Agreement.
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Option to Purchase Additional Units means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.
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Option to Purchase Additional Units means the option granted to the underwriters pursuant to the Underwriting Agreement to purchase up to an additional 3,000,000 Normal Units.
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Examples of Option to Purchase Additional Units in a sentence

  • All references to limited partner interests representing a percentage of the total limited partner interest in the Partnership herein are calculated based on the number of Common Units expected to be outstanding following the expiration of the Option to Purchase Additional Units).

  • If the Option to Purchase Additional Units is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for Option Units on the basis of the Offering price per Common Unit set forth in the Registration Statement, net of underwriting discounts and the Structuring Fee.

  • Upon the conclusion of the Option to Purchase Additional Units, the Partnership shall take all action necessary to effect the Deferred Issuance and Distribution to WRSW.

  • The Option to Purchase Additional Units may be exercised by the Underwriter, in whole or in part at any time and from time to time on or before the thirtieth day following the date of the Prospectus (the “Option Period”), by written notice to the Selling Unitholders.

  • In the event that the Underwriters exercise less than their full Option to Purchase Additional Units, the number of Additional Units to be sold by each Selling Unitholder listed on Schedule II shall be, as nearly as practicable, in the same proportion as the maximum number of Additional Units to be sold by each Selling Unitholder.

  • The Option to Purchase Additional Units may be exercised by the Representatives, on behalf of the several Underwriters, in whole or in part at any time and from time to time on or before the thirtieth day following the date of the Prospectus (the “Option Period”), by written notice to the Partnership.

  • The Option to Purchase Additional Units may be exercised by the Representative, on behalf of the several Underwriters, in whole or in part at any time and from time to time on or before the thirtieth day following the date of the Prospectus (the “Option Period”), by written notice to the Selling Unitholders.

  • Issuer: Oaktree Capital Group, LLC (the “Company”) Title of Security: 6.625% Series A Preferred Units (the “Units”) Size: $180,000,000 (7,200,000 Units) Option to Purchase Additional Units: $27,000,000 (1,080,000 Units) Liquidation Preference: $25.00 per Unit Maturity: Perpetual Distribution Rate: At a rate per annum equal to 6.625% only when, as and if declared.

  • Issuer: Oaktree Capital Group, LLC (the “Company”) Title of Security: 6.550% Series B Preferred Units (the “Units”) Size: $235,000,000 (9,400,000 Units) Option to Purchase Additional Units: $35,250,000 (1,410,000 Units) Liquidation Preference: $25.00 per Unit Maturity: Perpetual Distribution Rate: At a rate per annum equal to 6.550% only when, as and if declared.

  • Option to Purchase Additional Units We have granted the underwriters an option for a period of 30 days from the date of the prospectus supplement to purchase up to an additional 900,000 Series C Preferred Units from us on the same terms and conditions.

Related to Option to Purchase Additional Units

  • Option to Purchase means a contract by which a local agency enters an agreement with another entity to allow the latter to purchase surplus land at a specified price, or within a reasonable time in the future, but without imposing an obligation to purchase upon the option holder.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2018-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2018-1 Vehicle for which the related 2018-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2018-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.