Common use of Debt Rights Offering Clause in Contracts

Debt Rights Offering. On and subject to the terms and conditions hereof and the Restructuring Support and Lock-Up Agreement, the Company shall procure that NSNCo shall, and NSNCo shall, conduct the Debt Rights Offering pursuant to and in accordance with the Rights Offering Procedures and the Disclosure Statement Order. Each Commitment Party shall not exercise any Debt Subscription Rights offered to such Commitment Party in the Debt Rights Offering on account of General Unsecured Claims held by such Commitment Party on its applicable RSA Claims Date; provided that this provision shall not apply to Debt Subscription Rights offered to any Commitment Party on account of General Unsecured Claims acquired after the applicable RSA Claims Date.”

Debt Rights Offering. On and subject to the terms and conditions hereof and the Restructuring Support and Lock-Up Agreement, the Company shall procure that NSNCo shall, and NSNCo shall, conduct the Debt Rights Offering pursuant to and in accordance with the Rights Offering Procedures and the Disclosure Statement Order. Each Commitment Party shall not exercise any Debt Subscription Rights offered to such Commitment Party in the Debt Rights Offering on account of General Unsecured Claims held by such Commitment Party on its applicable the RSA Claims Agreement Effective Date; provided that this provision shall not apply to Debt Subscription Rights offered to any a Commitment Party on account of General Unsecured Claims acquired after the applicable RSA Claims Effective Date.”