Examples of Oversubscription Right in a sentence
Any attempted transfer is null and void and the Debtors will not treat any purported transferee as the holder of any Subscription Right or, if applicable, Oversubscription Right.
Under the terms of Article 5.3 of this Plan and consistent with the Investment Agreement, to the extent the Discount Rights Offering is not fully subscribed, Exercising Creditors shall be eligible to exercise, at their discretion, Discount Oversubscription Rights to purchase shares of New Common Stock not otherwise purchased through the Discount Rights Offering in exchange for a Cash payment equal to $38.64 per share of New Common Stock for each Discount Oversubscription Right exercised.
Subject to the Priority Oversubscription Right set forth in Section 2.2(e), each Rights Holder that exercises in full its Basic Subscription Right (a “Fully Exercising Holder”) shall be entitled to subscribe for Excess Shares on the same terms as the Basic Subscription Right, to the extent that any Excess Shares are available for purchase (the “Oversubscription Right”).
For the avoidance of doubt, the Commitment Parties shall not be obligated to follow the Rights Offering Procedures with regarding to funding any exercised Oversubscription Right if such Commitment Party complies with the terms of this Section 2.4(c) with respect to its funding obligation.
Debtor’s Common Stock than it has available for such oversubscriptions, Debtor will allocate the available shares on a pro-rata basis to each Participating Investor of an Oversubscription Right.
The Oversubscription Right shall be exercised by submitting a written application to (a) any of the Bank's branches as indicated below during the working days and hours or to (b) their authorized operators together with a full payment of value of the unsubscribed shares they subscribe for.
The Oversubscription Right is neither transferable nor tradable on the Athens Exchange or another stock market.
Participating Investors who exercise their full Basic Rights will be notified in writing (the “Oversubscription Notice”) within seven (7) calendar Days after the Basic Rights Expiration Date and may then exercise their Oversubscription Rights by submitting the oversubscription rights exercise form and the purchase price for Debtor’s Common Stock being purchased under the Oversubscription Right within seven (7) calendar Days of the mailing of the Oversubscription Notice (“Oversubscription Expiration Date”).
The Court has diversity jurisdiction as to all Plaintiffs and all class members23 pursuant to 28 U.S.C. § 1332(a) as all Plaintiffs seek to recover damages in excess of $75,0004 individually for actual damages and every Plaintiff is diverse from Defendants.5 11.
The Oversubscription Right will be exercised during the preemption rights exercise period.