Underwriter Option definition

Underwriter Option means the option to purchase additional Class A Shares granted to the Underwriters by Och-Ziff pursuant to the Underwriting Agreement.
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Underwriter Option means the options issued by Chardan to its underwriters as a portion of the consideration paid to them in connection with Chardan’s initial public offering, each Underwriter Option giving the holder the right to purchase for $8.80 a unit of Chardan’s securities consisting of one Chardan ordinary share and a warrant to purchase an additional Chardan ordinary share for $5.00.
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Underwriter Option shall have the meaning set forth in Section 9.2(a) of the Agreement.
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Examples of Underwriter Option in a sentence

  • Upon exercise of the Underwriter Option with respect to all or any portion of the Option Shares, subject to the terms and conditions set forth herein, (i) the Company shall become obligated to sell to the Underwriters the number of Option Shares specified in such notice and (ii) each of the Underwriters, acting severally and not jointly, shall purchase that portion of the total number of Option Shares then being purchased as set forth in Schedule 1 opposite the name of such Underwriter.

  • The Underwriters shall not be under any obligation to purchase any Option Shares prior to the exercise of the Underwriter Option.

  • The Underwriter Option granted pursuant to Section 1.2.1 hereof may be exercised by the Representative as to all (at any time) or any part (from time to time) of the Option Shares within forty-five (45) days after the Effective Date (as defined below).

  • The Underwriter Securities and the Underwriter Option Securities shall be delivered in book entry form unless the Representative shall otherwise instruct.

  • The sale of the Underwriter Securities and the Underwriter Option Securities are, or will be, exempt from the registration requirements of the Act.

  • Chardan shall exercise a DAL Warrant upon the exercise of a corresponding Chardan Warrant or Underwriter Option, using the same type of consideration as used to exercise the Chardan Warrant or Underwriter Option (i.e. cash or cashless exercise).

  • Said option to purchase Underwriter Option Securities may only be exercised in proportion to the exercise of the option to purchase Option Securities.

  • The holders of such Underwriter Securities and/or Underwriter Option Securities are not and will not be subject to personal liability by reason of being such holders, and such Underwriter Securities and Underwriter Option Securities are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • For any Subsequent Closing, the corresponding Underwriter Option Closing shall have occurred.

  • The Underwriter Securities and the Underwriter Option Securities have been duly authorized and, when issued and delivered against payment for the Underwriter Securities and the Underwriter Option Securities, as applicable, by the Underwriters pursuant to this Agreement and registered in the Company’s books and records, will be validly issued, fully paid and nonassessable.


More Definitions of Underwriter Option

Underwriter Option. An additional [ ] ordinary shares (granted by selling shareholders)
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Underwriter Option means that certain option granted by the Borrower in August 1995 to the underwriter of its common stock to purchase an aggregate of 96,000 units, with each unit consisting of one (1) share of common stock of the Borrower and one (1) warrant for one (1) share of the Borrower's common stock.
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Underwriter Option means an Option exercisable for $0.01 on or before 30 June 2019 and otherwise on the terms and conditions set out in Schedule A;
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Underwriter Option means the Underwriters’ option to purchase Optional Shares from the Company pursuant to the Underwriting Agreement.
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Related to Underwriter Option

  • Underwriters' Securities means the Offered Securities to be purchased by the Underwriters herein. The term “Contract Securities” means the Offered Securities, if any, to be purchased pursuant to the delayed delivery contracts referred to below.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • IPO Underwriter means each Person named as an underwriter in Schedule I to the IPO Underwriting Agreement who purchases Common Units pursuant thereto.

  • Option Securities shall have the meaning ascribed to such term in Section 2.2(a).

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.