Creditor Placing Shares definition

Creditor Placing Shares means Ordinary Shares offered pursuant to the Creditor Placing for an aggregate subscription price of $42 million;
Creditor Placing Shares means Ordinary Shares offered pursuant to the Creditor Placing for

Examples of Creditor Placing Shares in a sentence

  • To the extent that any Creditor Placing Shares remain unsubscribed, first, each Investor as determined by the Company may elect to subscribe for any unsubscribed Creditor Placing Shares and thereafter, to the extent that any Creditor Placing Shares remain unsubscribed, each Creditor who has previously subscribed for the Creditor Placing Shares will have the right, but not the obligation, to subscribe, for its pro rata share of the remaining Creditor Placing Shares (the “Creditor Placing”).

  • BACKSTOP SUBSCRIPTION OBLIGATION 3.1 Each Back Stop Party hereby severally, and neither jointly, nor jointly and severally, undertakes to the Company to subscribe for itself (in its own name or as it may direct, provided that the subscription is compliant with the Whitewash Resolution) its Relevant Percentage of: (a) the Remaining Creditor Placing Shares; and (b) the Remaining Investor Placing Shares, in each case, at the Placing Price.

Related to Creditor Placing Shares

  • Placing Shares means the 32,313,130 Shares to be issued by the Company pursuant to the Placing;

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Underlying Shares means the shares of Common Stock issued and issuable upon conversion of the Preferred Stock and upon exercise of the Warrants.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Common Shares means shares of Class B Common Stock.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Purchase Shares has the meaning set forth in Section 2.5(c).

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.