Examples of Permitted Rights Offering in a sentence

The Purchasers will not be afforded the opportunity to participate in the Permitted Rights Offering unless the Purchasers own Common Stock on the record date for the Permitted Rights Offering (which record date may be prior to the Initial Shareholders Meeting but will be after the Closing Date).
The Company may at its option commence a Permitted Rights Offering to its Common Stock shareholders of record one Business Day before the Initial Shareholders Meeting; provided that, if the Company pursues a Permitted Rights Offering, it will use its best efforts to ensure that such rights offering, including exercise of such right, is completed as soon as practicable, and in any event no later than six months from the Closing Date.
Clause (a) of Section 6.06 of the Credit Agreement is hereby amended by inserting the text ", or pursuant to the Permitted Rights Offering" immediately before the word "and" at the end of clause (A) of the second proviso thereof.

More Definitions of Permitted Rights Offering

Permitted Rights Offering means an offering of up to $8.7 million of aggregate offering price of Common Stock pursuant to subscription rights distributed pro rata to the existing holders of record of Common Stock as of the Business Day immediately prior to the Effective Date at a price per share of Common Stock not less than $1.00, and the associated declaration, issuance and exercise of the subscription rights with respect to such offering and shares of Common Stock issuable in connection with the exercise of any such rights; provided that the Company will use its reasonable best efforts to ensure that such rights offering, including exercise of such right, is completed as soon as practicable following the Effective Date taking into account restrictions under applicable securities laws.

Permitted Rights Offering means the distribution to shareholders of Parent of rights to purchase shares of common stock of Parent, and the purchase of such shares of common stock of Parent by shareholders or their transferees upon the exercise of such rights for consideration consisting solely of cash, Old Senior Notes or New Senior Notes (or any combination thereof).

Permitted Rights Offering means a rights offering relating to the Common Stock (i) that provides only for the issuance of rights to holders of Common Stock as of a record date that is not later than July 9, 2011, (ii) the registration statement with respect to which is filed with the Securities and Exchange Commission prior to the Stockholder Outside Date, (iii) that grants the holders of Common Stock the right to purchase shares of Common Stock at a per share purchase price that is not less than the Conversion Price, and (iv) pursuant to which the Corporation offers an aggregate of not more than $4.3 million of its Common Stock.

Permitted Rights Offering means the offering of Common Stock as described in Section 5.19 of the Securities Purchase Agreement pursuant to subscription rights distributed pro rata to holders of record of Common Stock on the day immediately prior to the date hereof at a price per share of Common Stock not less than $1.00, and the associated declaration, issuance and exercise of the subscription rights with respect to such offering and shares of Common Stock issuable in connection with the exercise of any such rights; provided that the Company will use its best efforts to ensure that such rights offering, including exercise of such right, is completed on the terms and conditions, and within the timeframes contemplated by Section 5.19 of the Securities Purchase Agreement.

Permitted Rights Offering means the offering of up to $10 million of aggregate offering price of Common Stock pursuant to subscription rights distributed pro rata to holders of record of Common Stock on the day immediately prior to the date hereof at a price per share of Common Stock not less than $1.00, and the associated declaration, issuance and exercise of the subscription rights with respect to such offering and shares of Common Stock issuable in connection with the exercise of any such rights; provided that the Company will use its best efforts to ensure that such rights offering, including exercise of such right, is completed as soon as practicable in accordance with Section 5.19 of the Securities Purchase Agreement.

Permitted Rights Offering. ’ means an offering of up to $10 million of aggregate offering price of Common Stock pursuant to subscription rights distributed pro rata to the then existing holders of record of Common Stock at a price per share of Common Stock of not less than $3.75, and the associated declaration, issuance and exercise of the subscription rights with respect to such offering and shares of Common Stock issuable in connection with the exercise of any such rights.