Oversubscription Right definition

Oversubscription Right has the meaning set forth in Section 4.1.
Oversubscription Right has the meaning set forth in the recitals hereto.
Oversubscription Right means the right of each Eligible Rights Offering Offeree to subscribe for Rights Offering Shares, to the extent available because other Eligible Rights Offering Offerees have failed to exercise Rights, in addition to those to be received pursuant to the exercise of the Rights, provided that such Eligible Rights Offering Offeree has (i) exercised in full its Rights, (ii) specified in the Subscription Form (as defined in the Rights Offering Procedures) the number of Rights Offering Shares (as defined in the Rights Offering Procedures) it intends to purchase in addition to the Rights Offering Shares under its Rights and (iii) paid in full for the New GMR Common Stock issued in connection with the Rights and the Oversubscription Rights.

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.


More Definitions of Oversubscription Right

Oversubscription Right has the meaning given to such term in Section 13.3 of this Agreement;
Oversubscription Right shall have the meaning set forth in Section 4.1. “PAG Asia” shall have the meaning set forth in the preamble hereto.
Oversubscription Right means the right to subscribe for one share of New Delta Common Stock from the shares that are part of the Oversubscription Shares on the terms and subject to the conditions set forth in Article 11 of the Plan and the Rights Offering Appendix.
Oversubscription Right means the Right, granted to each Registered Holder of Basic Subscription Rights who exercises such Rights in full, to purchase Shares which are not subscribed for in the Offering by other Registered Holders, as permitted by Section 4(b) hereof.
Oversubscription Right has the meaning ascribed to it in Section 2.3.
Oversubscription Right means the right to elect to participate in the Rights Offering to subscribe for the Remaining Initial Rights Offering Stock, which right shall be non-certificated and non-transferable, except for, prior to the Subscription Deadline, as provided in Section 4.5(d).

Related to Oversubscription Right

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Subscription Rights means the subscription rights to purchase Rights Offering Shares.

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • basic subscription privilege means a privilege to subscribe for the number or amount of securities set out in a rights certificate held by the holder of the rights certificate;

  • additional subscription privilege means a privilege, granted to a holder of a right, to subscribe for a security not subscribed for by any holder under a basic subscription privilege;

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Subscription Period means the defined period of time of the Subscription as set forth in an Order Form.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Subscription Price has the meaning set forth in Section 2.1.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Purchase Option Notice As defined in Section 3.18(e).

  • Preemptive Right has the meaning set forth in Section 5.1 hereof.

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Rights Holders Special Meeting" means a meeting of the holder of Rights called by the Board of Directors for the purpose of approving a supplement or amendment to this Agreement pursuant to Subsection 5.4(c);

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).