Examples of Closing Date Holders in a sentence
Debtor shall deliver to the New Equity Investors the New Convertible Secured Notes purchased in the New Convertible Secured Notes Financing and to the purchasing Closing Date Holders of Eligible Allowed Unsecured Claims the New Convertible Secured Notes purchased pursuant to the Rights Offering.
Such distribution shall be made to Closing Date Holders of Remaining Allowed Unsecured Claims who have previously received no distributions of Class 5 Distribution Shares as and in the amounts provided in Section 10.2.3. The other remaining shares in the Class 5 Reserve shall be distributed Pro Rata to all other Record Date Holders of Remaining Allowed Unsecured Claims.
On the Final Distribution Date the Debtor shall distribute or cause to be distributed to the Closing Date Holders of Remaining Allowed Unsecured Claims all shares remaining in the Class 5 Reserve.
Payments required to be made to Closing Date Holders of Eligible Allowed Unsecured Claims with respect to which the Cash Election has been validly made shall be funded by the New Equity Investors pursuant to the terms of the Investment Agreement.
All payments, deliveries and distributions to be made with respect to Unsecured Claims, including any delivery of certificates representing Rights Offering Common Stock or Rights Offering Notes purchased pursuant to the Rights Offering, shall be made only to the Closing Date Holders of such Claims.
Certificates for Rights Offering Common Stock and Rights Offering Notes purchased pursuant to the Rights Offering will be mailed as soon as practicable following the Effective Date to the Closing Date Holders of the Eligible Allowed Unsecured Claims with respect to which the Common Stock Rights and Notes Rights for such shares and Notes were exercised.
Certificates representing Rights Offering Common Stock and Rights Offering Notes purchased and paid for pursuant to the Rights Offering shall be delivered as soon as reasonably practicable after the Closing to the Closing Date Holders of the related Eligible Allowed Unsecured Claims with respect to which such Rights Offering Common Stock and Rights Offering Notes were purchased.
Any payments or distributions to be made by the Debtor to Claimants as required by the Plan shall be made only to the Closing Date Holders of Allowed Claims.
New GP will acquire from the Debtor a 1% general partner interest in the Debtor for the consideration of (i) an amount in cash equal to the sum of (a) one percent (1%) of the net proceeds of the New Equity Financing and (b) one percent (1%) of the net proceeds from the sale of Common Stock of New GP to Closing Date Holders of Eligible Allowed Unsecured Claims pursuant to the Rights Offering and (ii) one percent (1%) of the shares of Common Stock of New GP that are to be Class 5 Distribution Shares.
The Debtor will receive the proceeds from the sale of New Convertible Secured Notes to Closing Date Holders of Eligible Allowed Unsecured Claims pursuant to the Rights Offering.