Examples of Offering Record Date in a sentence
In accordance with the Backstop Commitment Letter and the Rights Offering Procedures, each holder of Existing Common Interests as of the Rights Offering Record Date shall have a Subscription Right to purchase for Cash their pro rata allocation of the New Common Interests to be issued pursuant to the Rights Offering.
On the Rights Offering Distribution Date, each share of the Existing Common Stock outstanding on the Rights Offering Record Date shall be exchanged for (1) one share of the New Common Stock and (2) a Share Purchase Right entitling the holder to purchase its Pro Rata portion of the Eligible Offeree Rights Offering Common Stock.
Distributions to holders of Class 7 Interests comprised of Existing Common Stock shall be made on the Rights Offering Record Date and shall be made in accordance with the Rights Offering Procedures.
On the Subscription Commencement Date, the Debtors, through the Claims and Voting Agent, will mail the Subscription Form to each Rights Offering Participant known as of the Rights Offering Record Date, together with appropriate instructions for the proper completion, due execution, and timely delivery of the Subscription Form, as well as instructions for the payment of the eventual Subscription Payment Amount for that portion of the Subscription Rights sought to be exercised by such Person.
Notwithstanding the foregoing, distributions to holders of Class 7 Interests shall be made on the Rights Offering Record Date and shall be made in accordance with the Rights Offering Procedures.
Each holder of an Eligible Class A5 Claim, Eligible Class A6-A Claim and Eligible Class A6-B Claim as of the Rights Offering Record Date shall be entitled to participate in the Rights Offering as and to the extent provided in the Subscription Documents.
In accordance with the terms contained in the Equity Rights Offering Procedures, the Equity Rights Offering shall permit the holders of Old Senior Preferred Stock Interests, Other Junior Preferred Stock Interests, and Old Common Stock Interests as of the Equity Rights Offering Record Date to receive rights to subscribe to purchase 15,000,000 shares of New NTL Common Stock exercisable on an oversubscription basis at the Equity Rights Offering Price.
On the Rights Offering Commencement Date, which may occur prior to Confirmation, Foamex International shall issue the Rights to the Equityholders who hold Existing Common Stock and Existing Preferred Stock as of the Rights Offering Record Date.
The Rights Offering shall commence on the day upon which the Rights Exercise Form is first mailed or made available to Eligible Offerees, which is expected to be within five (5) Business Days after receipt of the Rights Offering Approval and on or around the Rights Offering Record Date.
The Arbitrator, Board of Arbitration or Internal Arbitration Committee shall not have any power to alter or change any of the provisions of agreement or to substitute any new provisions for any existing provisions, nor to give any decision inconsistent with the terms and provisions of this agreement.