HoldCo Equityholders definition
Examples of HoldCo Equityholders in a sentence
Eligible HoldCo Noteholders as of the Record Date shall receive rights to subscribe for their pro rata portion of the HoldCo Noteholders Rights Offering Shares, and Eligible HoldCo Equityholders as of the Record Date shall receive rights to subscribe for their pro rata portion of the HoldCo Equityholders Rights Offering Shares.
Eligible HoldCo Noteholders have the right, but not the obligation, to participate in the HoldCo Noteholders Rights Offering, and Eligible HoldCo Equityholders have the right, but not the obligation, to participate in the HoldCo Equityholders Rights Offering.
Each of: (i) the HoldCo Noteholders Rights Offering and (ii) the HoldCo Equityholders Rights Offering, shall have been conducted and completed and the Rights Offering Expiration Time shall have passed in accordance with the Disclosure Statement Order and this Agreement.
Subject to the terms and conditions set forth in the Plan and these Rights Offering Procedures, each Eligible HoldCo Equityholder as of the Record Date is entitled to receive rights to subscribe for up to [●] HoldCo Equityholders Rights Offering Shares per HoldCo Equity Interest at the Purchase Price.
In connection with any matter that may be requested by the Majority Consenting HoldCo Noteholders or Majority Consenting HoldCo Equityholders, each such holder may, through its counsel, make such request; provided, that Ultra will only be required to take such action if it receives the request of the Majority Consenting HoldCo Noteholders or Majority Consenting HoldCo Equityholders, as the case may be.
In connection with any matter requiring consent of the Majority Consenting HoldCo Noteholders or Majority Consenting HoldCo Equityholders hereunder, Ultra will solicit consent independently from each such holder or its respective counsel; provided, that such consent shall only be granted if the approval of the Majority Consenting HoldCo Noteholders or Majority Consenting HoldCo Equityholders (as applicable) is obtained.