Total Amended Exchange Offer Sample Clauses

Total Amended Exchange Offer. Consideration Each Eligible Holder (as such term is defined in the Amended Offering Memorandum) of Existing JCHC Notes that (a) timely and validly tenders their Existing JCHC Notes in the Amended Exchange Offer, (b) delivers a Consent, (c) votes to accept the Plan (as defined below) and (d) is an initial signatory or delivers a joinder to the JCHC Support Agreement ((a)-(d) hereof being the “Exchange Offer Total Consideration Conditions”) shall receive as total consideration for each $1,000 principal amount of Existing JCHC Notes tendered (i) $550 in cash and (ii) 0.825 warrants2 (the “Exchange Warrants”) to purchase shares of Class B common stock of JCEI, par value $0.0001 per share (the “Exchange Offer Total Consideration”). No accrued and unpaid interest on the Existing JCHC Notes shall be paid in connection with the Amended Exchange Offer.