Common use of Notification of Aggregate Number of Exercised Subscription Rights Clause in Contracts

Notification of Aggregate Number of Exercised Subscription Rights. Upon request from the Requisite Commitment Parties from time to time prior to the Rights Offering Expiration Time (and any permitted extensions thereto), the Company shall promptly notify, or cause the Rights Offering Subscription Agent to promptly notify, the Commitment Parties of the aggregate number of Subscription Rights known by the Company or the Rights Offering Subscription Agent to have been exercised pursuant to the Rights Offering as of the most recent practicable time before such request.

Appears in 3 contracts

Samples: Backstop Commitment Agreement (Gulfmark Offshore Inc), Backstop Commitment Agreement, Backstop Commitment Agreement

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Notification of Aggregate Number of Exercised Subscription Rights. Upon request from the Requisite Commitment Parties from time to time prior to the Rights Offering Expiration Time (and any permitted extensions thereto), the Company shall reasonably promptly notify, or cause direct the Rights Offering Subscription Agent to reasonably promptly notify, notify the Commitment Parties of the aggregate number of Subscription Rights known by the Company or the Rights Offering Subscription Agent to have been exercised pursuant to the Rights Offering as of the most recent practicable time before such request.

Appears in 1 contract

Samples: Backstop Commitment Agreement (EP Energy LLC)

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