Time for Acceptance definition
Examples of Time for Acceptance in a sentence
Application for all or any part of a Qualifying Shareholder’s provisional allotment should be made by lodging a duly completed PAL and a cheque or a banker’s cashier order for the sum payable for the Rights Shares being applied for with the Registrar on or before the Latest Time for Acceptance.
The Latest Time for Acceptance is expected to be 4:00 p.m. on the Final Acceptance Date.
The Latest Time for Acceptance is expected to be [4:00 p.m.] on [Friday], [5 July] 2024.
Application may be made by completing the EAF(s) and lodging the same with a separate remittance for the excess Rights Shares no later than the Latest Time for Acceptance.
In order for the Qualifying Shareholders and the market to consider the information in the Fund Raising Announcement, the Underwriter and the Company have agreed on 21 May 2015 to extend the Latest Time for Acceptance of the Rights Issue from 21 May 2015 to 29 May 2015 and the Latest Time for Termination of the Rights Issue from 4:00 p.m. on 27 May 2015 to 4:00 p.m. on 2 June 2015, by which time the Underwriter may exercise its rights of termination of the Underwriting Agreement.
Application for all or any part of a Qualifying Shareholder’s provisional allotment should be made by completing the PAL and lodging the same with a remittance for the Rights Shares being applied for with the share registrar of the Company on or before the Latest Time for Acceptance.
The Company shall as soon as practicable and in any event before 6:00 p.m. on the first business day after the Latest Time for Acceptance notify or procure the Registrar on behalf of the Company to notify the Underwriter in writing of the number of such Underwritten Shares for which the Underwriter has to subscribe or procure subscription.
Time for Acceptance and Closing This offer is void if not accepted by Seller in writing on or before A.M. P.M. of .
The Underwriter shall subscribe or procure subscription on the terms of the Prospectus Documents (so far as the same are applicable) by 4:00 p.m. on the third business day after the Latest Time for Acceptance in full for the Underwritten Shares which are not being taken up by the Qualifying Shareholders and not being successfully placed by the Bookrunner under the Placing Agreement, the NQS Unsold Rights Shares and the unsold fractions of the Rights Shares as at the Latest Time for Acceptance.
As a result of the delay in despatch of the Circular, on 19 November 2015, the Company and the Underwriters entered into a supplemental underwriting agreement (‘‘Supplemental Underwriting Agreement’’), pursuant to which the Company and the Underwriters agreed to amend the Latest Time for Acceptance, the Prospectus Posting Date and the Record Date in accordance with the relevant dates set out in the revised timetable below.