Payment Instructions and Rights Offering Securities Delivery Information Sample Clauses

Payment Instructions and Rights Offering Securities Delivery Information. Eligible Holders that are exercising Subscription Rights in respect of Notes Claims are encouraged to coordinate with their Nominees, and, follow their Nominee’s instructions, with respect to the payment of the Subscription Price. In any event, unless you are a Backstop Party and checked the box in Item 3, payment of the Subscription Price must be made at or prior to the Rights Offering Expiration Time. For Eligible Holders that are Backstop Parties and did check the box in Item 3, payment of the Subscription Price shall be made by wire transfer ONLY of immediately available funds directly to the Backstop Escrow Account pursuant to the Backstop Commitment Agreement, in accordance with information set forth in the Funding Notice. PLEASE NOTE: NO RIGHTS OFFERING SUBMISSION WILL BE VALID UNLESS (A) YOUR NOMINEE ELECTRONICALLY DELIVERS THE UNDERLYING NOTES CORRESPONDING TO THIS SUBSCRIPTION FORM THROUGH ATOP, AND (B) THE APPLICABLE SUBSCRIPTION PRICE IS PAID, IN EACH CASE (UNLESS YOU ARE A BACKSTOP PARTY) AT OR PRIOR TO THE RIGHTS OFFERING EXPIRATION TIME. ELIGIBLE HOLDERS THAT ARE BACKSTOP PARTIES MUST DELIVER THE APPROPRIATE FUNDING TO THE BACKSTOP ESCROW ACCOUNT AT OR PRIOR TO THE BACKSTOP ESCROW FUNDING DATE IN ACCORDANCE WITH THE BACKSTOP COMMITMENT AGREEMENT.