Backstop Rights Purchase Agreement definition

Backstop Rights Purchase Agreement means that certain agreement in accordance with the Rights Offering Term Sheet setting forth the terms and conditions of the Rights Offering and the Backstop Commitment.

Backstop Rights Purchase Agreement means the agreement between the Backstop Party and Spansion Inc. which sets forth the Backstop Commitment and the terms and conditions thereof. If the Debtors decide to proceed with the Rights Offering with a Backstop Party, the terms and conditions of the Backstop Rights Purchase Agreement shall be no less favorable to the Debtors and the Estates than those set forth on Exhibit D and a form of the Backstop Rights Purchase Agreement will be included in the Plan Supplement.

Backstop Rights Purchase Agreement means the Backstop Rights Purchase Agreement by and among the Debtors and the Backstop Parties (as amended, supplemented, or otherwise modified from time to time), a form of which is attached to the Disclosure Statement as Exhibit G.

Examples of Backstop Rights Purchase Agreement in a sentence

• The Rights Offering will be fully backstopped by Sopris in accordance with the terms and conditions of the Backstop Rights Purchase Agreement.

• On the Subscription Notification Date, the Debtors will notify each Rights Offering Purchaser of its respective allocated portion of Rights Offering Shares (including its Oversubscription Shares, if any), and if the Debtors have selected a Backstop Party, the Debtors will notify the Backstop Party after the Subscription Deadline of its portion of the Remaining Rights Offering Shares that the Backstop Party is obligated to purchase pursuant to the Backstop Rights Purchase Agreement.

• On the Effective Date or as soon as reasonably practicable thereafter, Reorganized Movie Gallery shall issue or reserve for issuance up to 25,000,000 shares of New Common Stock to certain Holders of Allowed Claims pursuant to the terms set forth herein and including, without limitation, pursuant to the Rights Offering and Backstop Rights Purchase Agreement, subject to dilution as set forth herein.

• On or immediately after the Effective Date, the Reorganized Debtors shall issue or reserve for issuance all securities required to be issued pursuant hereto, including, without limitation, pursuant to the Rights Offering, the Backstop Rights Purchase Agreement and the Warrant Agreement.

• On the Effective Date or as soon as reasonably practicable thereafter, Reorganized Movie Gallery will issue or reserve for issuance up to 25,000,000 shares of New Common Stock to certain Holders of Allowed Claims pursuant to the terms set forth in the Plan and including, without limitation, pursuant to the Rights Offering and Backstop Rights Purchase Agreement, subject to dilution as set forth in the Plan.

More Definitions of Backstop Rights Purchase Agreement

Backstop Rights Purchase Agreement means that certain Amended Backstop Rights Purchase Agreement, dated as of August 13, 2007, by and among Dura Automotive Systems, Inc., and the Backstop Party, pursuant to which the Backstop Party has agreed to purchase all Rights Offering Shares that are not purchased by holders of Senior Notes Claims as part of the Rights Offering [Docket No. 1611].

Backstop Rights Purchase Agreement has the meaning specified in the Recitals. “Bankruptcy Code” has the meaning specified in the Recitals.

Backstop Rights Purchase Agreement has the meaning assigned to such term in the Plan.

Backstop Rights Purchase Agreement means that certain Backstop Rights Purchase Agreement by and among the Debtors and the Backstop Parties party thereto, and consented to by the Creditors’ Committee and the UMWA, dated as of November 4, 2013.

Backstop Rights Purchase Agreement means an agreement setting forth the terms and conditions of the Rights Offering and the Backstop Commitment of the Backstop Party, reasonably acceptable to the Backstop Party and consistent with the terms set forth in this Rights Offering Term Sheet. The form of the Backstop Rights Purchase Agreement shall be filed in advance of the deadline for filing objections to the disclosure statement for the Plan.

Backstop Rights Purchase Agreement means an agreement setting forth the terms and conditions of the Rights Offering and the Backstop Commitment of the Backstop Party, reasonably acceptable to the Backstop Party and consistent with the terms set forth in this Rights Offering Term Sheet. The Backstop Rights Purchase Agreement shall be filed in advance of the deadline for filing objections to the Approval Motion.

Backstop Rights Purchase Agreement means that agreement setting forth the terms and conditions of the Rights Offering and the Backstop Commitment of the Backstop Parties, each as described herein, which Backstop Rights Purchase Agreement shall be filed no later than July 24, 2007 (and, in any case, in advance of the objection deadline for the Approval Motion hearing).