Examples of Eligible Bondholder in a sentence
The Subscription Election Form contains instructions for calculating the amount of Bondholders Trust Interests that each Eligible Bondholder may receive upon exercising the Cash-Out Subscription Right and/or the Make-Up Subscription Right.
In the event that the amount of Bondholders Trust Interests subscribed for under the Make-Up Subscription Right exceeds the Equity Deficiency, each Eligible Bondholder exercising the Make-Up Subscription Right shall receive such Eligible Bondholder 's pro rata portion of available Bondholders Trust Interests, based on such Eligible Bondholder's percentage ownership of the Sub Debt as of the Record Date.
Pursuant to the Make-Up Subscription Right, each Eligible Bondholder shall have the right to subscribe for an additional amount of Bondholders Trust Interests up to an aggregate amount (the "Equity Deficiency") of $13.776 million, minus possible adjustments.
The Election Form enables Bondholders to make Equity Elections and to exercise Subscription Rights, and contains instructions for calculating the amount of Bondholder Trust Interests that each Eligible Bondholder may receive upon exercising the Cash-Out Subscription Right and/or the Make-Up Subscription Right.
Aurora is required to, by no later than 15 business days prior to the Closing Date, mail a Subscription Payment Notice to each Eligible Bondholder from whom Aurora has received a completed and signed Subscription Form (as defined in Section 14.1 of the Merger Agreement).
All such shares shall be distributed, transferred and delivered to Tribune, Eagle 1 and Eagle 2 free and clear of any lien (statutory or other), claim, charge, security interest, pledge, hypothecation, assignment, conditional sale or other title retention agreement, preference, priority or other security agreement or preferential arrangement of any kind or nature.
Within three business days prior to the Closing Date, such Eligible Bondholder shall pay to the Exchange Agent: (1) an amount equal to the Cash-Out Bondholders Trust Interests as specified in the Subscription Payment Notice; and (2) an amount equal to the Make-Up Bondholders Trust Interests as specified in the Subscription Payment Notice.
Such Bondholders must deliver to D.F. King, as Election Tabulation Agent, in the manner described in the Statement, (1) a Verified Bondholder Payment Option Notice, and (2) a Verified Bondholder Proof of Holdings demonstrating the principal amount of each series of Bonds held by such Eligible Bondholder as of the Election Deadline.
Aurora is required to, by no later than 15 business days prior to the Closing Date, mail a Subscription Payment Notice to each Eligible Bondholder who validly exercised the Cash-Out Subscription Right and/or the Make-Up Subscription Right.
Pursuant to the Cash-Out Subscription Right, each Eligible Bondholder shall have the right to subscribe for an amount of Bondholder Trust Interests equal to such Eligible Bondholder's pro rata ownership of Sub Debt Claims, as of the Record Date, and the aggregate amount of Sub Debt Claims for which no Equity Election was made or deemed made.