Exercise of Subscription Rights. (a) In order to validly exercise its Subscription Rights, each Eligible Holder that is not a Commitment Party must:
Appears in 2 contracts
Samples: Backstop Commitment Agreement (Ultra Petroleum Corp), Backstop Commitment Agreement (Ultra Petroleum Corp)
Exercise of Subscription Rights. (a) In order to validly exercise its Subscription Rights, each Eligible Holder that is not a Debt Commitment Party must:
Appears in 2 contracts
Samples: Investment Agreement (Seadrill LTD), Investment Agreement (North Atlantic Drilling Ltd.)