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.