Offering of Stock by the Underwriters Clause Example with 6 Variations from Business Contracts
This page contains Offering of Stock by the Underwriters clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Offering of Stock by the Underwriters. Upon authorization by the Representatives of the release of the Firm Stock, the several Underwriters propose to offer the Firm Stock for sale upon the terms and conditions to be set forth in the Prospectus. 20 It is understood that approximately [ · ] shares of the Firm Stock (the "Directed Shares") will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions to be set forth in the most recent Preliminary Prospectus and in accordance with the rules and ...regulations of FINRA to employees of the Company and its subsidiaries and persons having business relationships with the Company and its subsidiaries who have heretofore delivered to Barclays Capital Inc. offers or indications of interest to purchase shares of Firm Stock in form satisfactory to Barclays Capital Inc. (such program, the "Directed Share Program") and that any allocation of such Firm Stock among such persons will be made in accordance with timely directions received by Barclays Capital Inc. from the Company; provided that under no circumstances will Barclays Capital Inc. or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such Directed Share Program. It is further understood that any Directed Shares not affirmatively reconfirmed for purchase by any participant in the Directed Share Program by 9:00 a.m., New York City time, on the first business day following the date hereof or otherwise are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus. The Company agrees to pay all fees and disbursements incurred by the Underwriters in connection with the Directed Share Program and any stamp duties or other taxes incurred by the Underwriters in connection with the Directed Share Program.View More
Variations of a "Offering of Stock by the Underwriters" Clause from Business Contracts
Offering of Stock by the Underwriters. Upon authorization by the Representatives of the release of the Firm Stock, the several Underwriters propose to offer the Firm Stock for sale upon the terms and conditions to be set forth in the Prospectus. 20 It is understood that approximately [ · ] shares Morgan Stanley & Co. LLC has agreed to reserve a portion of the Firm Stock (the "Directed Shares") will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions shares to be purchased by it under thi...s Agreement for sale to the Company's directors, officers, employees and business associates and other parties related to the Company (collectively, "Participants"), as set forth in the most recent each Preliminary Prospectus and in accordance with the rules Prospectus under the heading "Underwriting (Conflicts of Interest)" (the "Directed Share Program"). The shares to be sold by Morgan Stanley & Co. LLC and regulations of FINRA its affiliates pursuant to employees the Directed Share Program, at the direction of the Company and its subsidiaries and persons having business relationships with the Company and its subsidiaries who have heretofore delivered Company, are referred to Barclays Capital Inc. offers or indications of interest to purchase shares of Firm Stock in form satisfactory to Barclays Capital Inc. (such program, hereinafter as the "Directed Share Program") and that any allocation of such Firm Stock among such persons will be made in accordance with timely directions received by Barclays Capital Inc. from the Company; provided that under no circumstances will Barclays Capital Inc. or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such Directed Share Program. It is further understood that any Shares". Any Directed Shares not affirmatively reconfirmed orally confirmed for purchase by any participant in Participant by the Directed Share Program by 9:00 a.m., New York City time, on end of the first business day following the date hereof or otherwise are not purchased by such persons on which this Agreement is executed will be offered to the public by the Underwriters to the public upon the terms and conditions as set forth in the Prospectus. 20 The Company agrees to pay all fees and disbursements incurred by the Underwriters in connection with the Directed Share Program and any stamp duties or other taxes incurred by the Underwriters in connection with the Directed Share Program. View More
Offering of Stock by the Underwriters. Upon authorization by the Representatives of the release of the Firm Stock, the several Underwriters propose to offer the Firm Stock for sale upon the terms and conditions to be set forth in the Prospectus. 20 19 It is understood that approximately [ · ] up to 5% of the shares of the Firm Stock (the "Directed Shares") will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions to be set forth in the most recent Preliminary Prospectus and in accordance ...with the rules and regulations of FINRA to employees individuals, including the Company's officers, directors and employees, as well as friends and family members of the Company Company's officers and its subsidiaries and persons having business relationships with the Company and its subsidiaries directors, who have heretofore delivered to Barclays Capital Raymond James & Associates, Inc. offers or indications of interest to purchase shares of Firm Stock in form satisfactory to Barclays Capital Raymond James & Associates, Inc. (such program, the "Directed Share Program") and that any allocation of such Firm Stock among such persons will be made in accordance with timely directions received by Barclays Capital Raymond James & Associates, Inc. from the Company; provided that under no circumstances will Barclays Capital Raymond James & Associates, Inc. or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such Directed Share Program. It is further understood that any Directed Shares not affirmatively reconfirmed for purchase by any participant in the Directed Share Program by 9:00 a.m., A.M., New York City time, on the first business day following the date hereof or otherwise are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus. The Company agrees to pay all fees and disbursements incurred by the Underwriters in connection with the Directed Share Program and any stamp duties or other taxes incurred by the Underwriters in connection with the Directed Share Program. View More
Offering of Stock by the Underwriters. Upon authorization by the Representatives of the release of the Firm Stock, the several Underwriters propose to offer the Firm Stock for sale upon the terms and conditions to be set forth in the Prospectus. 20 It is understood that approximately [ · ] up to 5% of the shares of the Firm Stock (the "Directed Shares") will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions to be set forth in the most recent Preliminary Prospectus and in accordance wit...h the rules and regulations of FINRA to employees individuals, including the Company's officers, directors and employees, as well as friends and family members of the Company Company's officers and its subsidiaries and persons having business relationships with the Company and its subsidiaries directors, who have heretofore delivered to Barclays Capital Raymond James & Associates, Inc. offers or indications of interest to purchase shares of Firm Stock in form satisfactory to Barclays Capital Raymond James & Associates, Inc. (such program, the "Directed Share Program") and that any allocation of such Firm Stock among such persons will be made in accordance with timely directions received by Barclays Capital Raymond James & Associates, Inc. from the Company; provided that under no circumstances will Barclays Capital Raymond James & Associates, Inc. or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such Directed Share Program. It is further understood that any Directed Shares not affirmatively reconfirmed for purchase by any participant in the Directed Share Program by 9:00 a.m., A.M., New York City time, on the first business day following the date hereof or otherwise are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus. The Company agrees to pay all fees and disbursements incurred by the Underwriters in connection with the Directed Share Program and any stamp duties or other taxes incurred by the Underwriters in connection with the Directed Share Program. View More
Offering of Stock by the Underwriters. Upon authorization by the Representatives of the release of the Firm Stock, the several Underwriters propose to offer the Firm Stock for sale upon the terms and conditions to be set forth in the Prospectus. 20 It is understood that approximately [ · ] [•] shares of the Firm Stock (the "Directed Shares") will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions to be set forth in the most recent Preliminary Prospectus and in accordance with the rules ...and regulations of FINRA to the Company's directors, officers, employees of and business associates and other parties related to the Company and its subsidiaries and persons having business relationships with the Company and its subsidiaries (collectively, "Participants") who have heretofore delivered to Barclays Capital Inc. Morgan Stanley offers or [or indications of interest interest] to purchase shares of Firm Stock in form satisfactory to Barclays Capital Inc. Morgan Stanley (such program, the "Directed Share Program") and that any allocation of such Firm Stock among such persons will be made in accordance with timely directions received by Barclays Capital Inc. Morgan Stanley from the Company; provided that under no circumstances will Barclays Capital Inc. Morgan Stanley or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such Directed Share Program. It is further understood that any Any Directed Shares not affirmatively reconfirmed confirmed for purchase by any participant in Participant by the Directed Share Program by 9:00 a.m., New York City time, on end of the first business day following the date hereof or otherwise are not purchased by such persons on which this Agreement is executed will be offered to the public by the Underwriters to the public upon the terms and conditions as set forth in the Prospectus. The Company agrees to pay all fees and disbursements incurred by the Underwriters in connection with the Directed Share Program and any stamp duties or other taxes incurred by the Underwriters in connection with the Directed Share Program. View More
Offering of Stock by the Underwriters. Upon authorization by the Representatives of the release of the Firm Stock, the several Underwriters propose to offer the Firm Stock for sale upon the terms and conditions to be set forth in the Prospectus. 20 It is understood that approximately [ · ] shares 5% of the Firm Stock (the "Directed Shares") will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions to be set forth in the most recent Preliminary Prospectus and in accordance with the rules a...nd regulations of FINRA to employees of the Company and its subsidiaries and persons having business relationships with the Company and its subsidiaries who have heretofore delivered to Barclays Capital Inc. Morgan Stanley & Co. LLC offers or indications of interest to purchase shares of Firm Stock in form satisfactory to Barclays Capital Inc. Morgan Stanley & Co. LLC (such program, the "Directed Share Program") and that any allocation of such Firm Stock among such persons will be made in accordance with timely directions received by Barclays Capital Inc. Morgan Stanley & Co. LLC from the Company; provided that under no circumstances will Barclays Capital Inc. Morgan Stanley & Co. LLC or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such Directed Share Program. It is further understood that any Directed Shares not affirmatively reconfirmed for purchase by any participant in the Directed Share Program by 9:00 a.m., [ ● ]:00 A.M., New York City time, on the first business day following the date hereof or otherwise are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus. The Company agrees to pay all fees and disbursements incurred by the Underwriters in connection with the Directed Share Program and any stamp duties or other taxes incurred by the Underwriters in connection with the Directed Share Program. View More
Offering of Stock by the Underwriters. Upon authorization by the Representatives of the release of the Firm Stock, the several Underwriters propose to offer the Firm Stock for sale upon the terms and conditions to be set forth in the Prospectus. 20 It is understood that approximately [ · ] [•] shares of the Firm Stock (the "Directed Shares") will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions to be set forth in the most recent Preliminary Prospectus and in accordance with the rules ...and regulations of FINRA to employees of the Company and its subsidiaries and persons having business relationships with the Company and its subsidiaries who have heretofore delivered to Barclays Capital Inc. or Morgan Stanley & Co. LLC offers or indications of interest to purchase shares of Firm Stock in form satisfactory to Barclays Capital Inc. or Morgan Stanley & Co. LLC (such program, the "Directed Share Program") and that any allocation of such Firm Stock among such 15 persons will be made in accordance with timely directions received by Barclays Capital Inc. or Morgan Stanley & Co. LLC from the Company; provided that under no circumstances will Barclays Capital Inc. Inc., Morgan Stanley & Co. LLC or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such Directed Share Program. It is further understood that any Directed Shares not affirmatively reconfirmed for purchase by any participant in the Directed Share Program by 9:00 a.m., [●]:00 A.M., New York City time, on the first [date hereof] [first business day following the date hereof hereof] or otherwise are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus. The Company agrees to pay all fees and disbursements incurred by the Underwriters in connection with the Directed Share Program and any stamp duties or other taxes incurred by the Underwriters in connection with the Directed Share Program. View More