Examples of HoldCo Equityholders in a sentence
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.
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.
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.
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.
Consistent with the Plan Support Agreement (as defined in the Plan) executed by and among the Debtors, the HoldCo Noteholders, and the HoldCo Equityholders, the Plan provides for the payment of postpetition interest on the HoldCo Noteholders’ claims at the contract rate.
Watford Title: Chairman, President and CEO [Signature Page to Backstop Commitment Agreement] Schedule 1A HoldCo Noteholders Backstop Commitment Schedule Schedule 1B HoldCo Equityholders Backstop Commitment Schedule Company Disclosure Schedule Section 1.1 Material Contracts 1.
To each Consenting HoldCo Equityholders at the addresses or e-mail addresses set forth in the letter to the Ultra Entities delivered by counsel to the Equityholder Committee simultaneously with this Agreement, or otherwise separately identified in a letter on behalf of such Plan Support Party (or to the signature page to a Joinder Agreement as the case may be).
The Plan embodies a settlement of certain Claims and Causes of Action among the Debtors and all major parties in interest, including the Debtors, the Debtors’ directors and officers, the Consenting HoldCo Noteholders, the Consenting HoldCo Equityholders, certain of their and the Debtors’ related parties.
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.