Terms of Public Offering Clause Example from Business Contracts

Terms of Public Offering. The Company is advised by the Underwriter that the Underwriter proposes 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 the Underwriter's judgment is advisable (the "Offering"). The Company is further advised by the Underwriter that the Securities are to be offered to the public initially at $10.00 a Share (the "Public Offering Price").