Rights Offering Procedures. Introduction The Debtors are pursuing a proposed financial restructuring of their existing debt and other obligations to be effectuated pursuant to the Plan of Reorganization (the “Plan”) in connection with the Chapter 11 Cases, in accordance with the terms and conditions set forth in the Plan Support Agreement, by and among the Debtors, the Official Committee of Unsecured Creditors) and certain other creditors of the Debtors. On May 5, 2016, the Debtors filed for chapter 11 protection in the United States Bankruptcy Court for the Northern District of Texas (the “Bankruptcy Court”). Their Chapter 11 Cases are being jointly administered under the caption In re CHC Group Ltd., et al., Ch. 11 Case No. [16-31854] (BJH). Capitalized terms used but not otherwise defined herein shall have the meanings set forth for such terms in the Joint Plan of Reorganization Term Sheet. In connection with the Plan, after having obtained approval of these procedures (the “Rights Offering Procedures”) by an order of the Bankruptcy Court (such approval, the “Rights Offering Order”), the Debtors will launch the Rights Offering to Eligible Offerees (as defined below), pursuant to which the Eligible Offerees shall be offered a right (each, a “Right”) to purchase up to such Eligible Offeree’s pro rata portion of $433.3 million aggregate principal amount of the New Second Lien Convertible Notes, on the terms and conditions set forth in the Plan, at an aggregate purchase price equal to $300.0 million.
Rights Offering Procedures. Only holders of allowed Unsecured Notes Claims that timely and validly complete and return the Accredited Investor Questionnaire included as Exhibit A to the 4(a)(2) Beneficial Holder Subscription Form may participate in the 4(a)(2) Rights Offering of the 4(a)(2)
Rights Offering Procedures. On [ ], 2010, the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) entered the Order (A) Approving the Adequacy of the Debtors’ Second Amended Disclosure Statement; (B)
Rights Offering Procedures and (VII)
Rights Offering Procedures. On April [ ], 2012, Reddy Ice Holdings, Inc. and Reddy Ice Corporation, as debtors and debtors in possession (collectively, the “Debtors” or the “Company”) filed the Debtors’ Joint Plan of Reorganization of Reddy Ice Holdings, Inc. and Reddy Ice Corporation (as it may be amended, modified, or supplemented from time to time, the “Plan”) and the Debtors’ Joint Plan of Reorganization of Reddy Ice Holdings, Inc. and Reddy Ice Corporation (as it may be amended, modified, or supplemented from time to time, the “Disclosure Statement”) in the United States Bankruptcy Court for the Northern District of Texas (the “Bankruptcy Court”). Capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Plan. Copies of the Plan and Disclosure Statement and related documents describing the Rights Offering can be obtained by going on the Debtors’ restructuring website (xxxx://xxx.xxxxxx.xxx/ReddyIce) free of charge. On April [ ], 2012, the Bankruptcy Court entered an order [Dkt. No. ·] approving these procedures for participating in the rights offering (the “Rights Offering”) contemplated by, and to be implemented pursuant to, Articles III and V of the Plan. All questions relating to these procedures, other documents associated with the Rights Offering or the requirements for participating in the Rights Offering should be directed to Xxxxxxxx Xxxxxx Consultants LLC (the “Subscription Agent”), the rights offering agent retained by the Debtors in these Chapter 11 Cases at:
Rights Offering Procedures. Customary procedures for a rights offering (the “Rights Offering Procedures”). There will be no oversubscription rights for the Equity Rights Offering.The Rights Offering Procedures shall include that: ● The Subscription Commencement Date (as defined in the BCA) shall be a date determined by the Debtors with the consent of the Required Backstop Parties not more than 10 days after approval of the Disclosure Statement. ● The Subscription Record Date (as defined below) shall be the Subscription Commencement Date. ● The Subscription Expiration Deadline (as defined in the BCA) shall be 28 days after the Subscription Commencement Date.
Rights Offering Procedures. 95 Overview of Rights Offering. ..........................................................................95 The Rights Offering Procedures. .....................................................................95
Rights Offering Procedures. 6 Section 3.3 Ownership upon Completion of Rights Offering.......................................6 ARTICLE 4 THE CONVERTIBLE NOTES ISSUANCE.............................................................6 Section 4.1 The Convertible Notes Issuance.....................................................6
Rights Offering Procedures. (a) The Rights Offering shall be conducted in accordance with the requirements of Swedish law and the laws of the jurisdictions into which the Rights Offering will be extended (which shall not include the United States).
(b) The relevant Parties shall cooperate in the preparation of the documentation and filings required to effect the Rights Offering, including any prospectus required under Swedish law.
(c) Song AB shall engage one or more investment banks to underwrite the Rights Offering or to otherwise arrange for a consortium which may include Pre-Restructuring Shareholders, Bondholders and/or other investors to guarantee the subscription of the Ordinary Shares to be issued in the Rights Offering, and Song AB shall enter into customary agreements with such banks, provided that the terms of such arrangements (including related fees and other costs) are approved by each of the Parties (such approval not to be unreasonably withheld or delayed), which approval, in the case of the Participating Bondholders, shall be granted by Bondholder Approval.
(d) In the event Song AB cannot enter into relevant underwriting or guarantee consortium arrangements as contemplated in Section 3.2(c), the Parties agree to cooperate in good faith to develop a mutually satisfactory mechanism to achieve full subscription of the Ordinary Shares to be issued in the Rights Offering.
Rights Offering Procedures. On August [__], 2010, Tronox Incorporated and certain of its affiliates, as debtors and debtors in possession (collectively, “Tronox”) filed the First Amended Proposed Joint Plan of
