Oversubscription Right definition

Oversubscription Right shall have 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.

  • Payment of the Subscription Price for the Basic Subscription Right and the Oversubscription Right will be held in a segregated account to be maintained by the Subscription Agent until the Shares are issued.

  • To exercise your Subscription Rights, instruct your broker, custodian bank or other nominee to exercise your rights and deliver all documents and payment in full of the Subscription Price on your behalf for each Share subscribed for pursuant to the Basic Subscription Right and the Oversubscription Right, to the Subscription Agent so that it will be actually received by the Subscription Agent prior to 5:00 p.m., New York City time, on the Expiration Date.

  • The Subscription Agent will deliver to each Record Holder who validly exercises the Oversubscription Right each Share, if any, allocated to such Record Holder pursuant to the Oversubscription Right.

  • To exercise Rights, complete Form 1 on the reverse of the Subscription Warrant and send your properly completed and executed Subscription Warrant, together with payment in full of the Subscription Price for each share of Common Stock subscribed for pursuant to the Basic Subscription Right and the Oversubscription Right, to the Subscription Agent.

  • 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.

  • If more Shares of Common Stock are subscribed for pursuant to the Oversubscription Right than are available for sale, such Shares will be allocated, as described above, among persons exercising the Oversubscription Right in proportion to such persons' exercise of Rights pursuant to the Basic Subscription Right.

  • Each Record Date Holder of an Eligible Allowed Unsecured Claim that exercises its Common Stock Right in full shall have an Oversubscription Right which allows it to subscribe for a number of Oversubscription Available Shares equal to two times the number of shares for which it may subscribe pursuant to its Common Stock Right.

  • To exercise Subscription Rights, properly complete and execute your Subscription Certificate and send it, together with payment in full of the Subscription Price for each share of Common Stock subscribed for pursuant to the Basic Subscription Right and the Oversubscription Right, to the Subscription Agent.

  • If a holder of Subscription Rights transfers all or a portion of his, her or its Subscription Rights, neither the transferor nor the transferee of Subscription Rights will have an Oversubscription Right.


More Definitions of Oversubscription Right

Oversubscription Right has the meaning ascribed to it in Section 2.3.
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, 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 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).
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 has the meaning given to such term in Section 13.3 of this Agreement;

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 right to participate in the Rights Offering.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • 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 shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • 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 duration of Customer’s authorized use of the Subscription Services as designated in the Order.

  • 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 9.6(a).

  • 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 provided in Section 4.5(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).

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • 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’ Hedged