Terms of Public Offering Clause Example from Business Contracts

Terms of Public Offering. The Company is advised by you that the Underwriters propose to make a public offering of their respective portions of the Securities as soon after the Registration Statement and this Agreement have become effective as in your judgment is advisable (the "Offering"). The Company is further advised by you that the Securities are to be offered to the public initially at $10.00 a Unit (the "Public Offering Price") and to certain dealers selected by you at a price that represents a concession not in e...xcess of $[ ] a Unit under the Public Offering Price[, and that any Underwriter may allow, and such dealers may reallow, a concession, not in excess of $[ ] a Unit, to any Underwriter or to certain other dealers]. View More