Rights Offering Indemnifying Parties definition

Rights Offering Indemnifying Parties means the Debtor Parties and New Topco. “Rights Offering Pro Rata Share” means, with respect to an Eligible Holder as of theSubscription Rights Record Date, the proportion that (x) the number of Class A Shares such Eligible Holder is entitled to receive on account of its Allowed Class 4 Claims and pursuant to Section 5.4(a) of the Plan prior to the application of any reduction in the amount of Class A Shares distributed to holders of Senior Secured Facility Claims on account of the second sentence of Section 4.4(b) bears to (y) the total number of Class A Shares all Eligible Holders are entitled to receive on account of their Allowed Class 4 Claims and pursuant to Section 5.4(a) of the Plan prior to the application of any reduction on account of the second sentence of Section 4.4(b).

Rights Offering Indemnifying Parties means the Debtor Parties and New Topco.

Rights Offering Indemnifying Parties means the Debtor Parties and New Topco. “Rights Offering Pro Rata Share” means, with respect to an Eligible Holder as of theSubscription Rights Record Date, the proportion that (x) the number of Class A Shares received by such Eligible Holder on account of its Class 4 Claims bears to (y) the total number of Class A Shares received by all Eligible Holders on account of their Allowed Class 4 Claims.

Examples of Rights Offering Indemnifying Parties in a sentence

• The indemnity and reimbursement obligations of the Rights Offering Indemnifying Parties described herein and the representations and warranties set forth in the Equity Commitment Agreement shall terminate and be of no further force and effect following the earlier of the Equity Commitment Agreement Termination Date and the Effective Date.

• The relative benefits to the Rights Offering Indemnifying Parties on the one hand and all Rights Offering Indemnified Persons on the other hand shall be deemed to be in the same proportion as (i) the total value received or proposed to be received by New Topco pursuant to the sale of Class B Shares contemplated by the Equity Commitment Agreement bears to (ii) the aggregate fee paid or proposed to be paid to the Rights Offering Sponsors in connection with such sale.

More Definitions of Rights Offering Indemnifying Parties

Rights Offering Indemnifying Parties means the Debtors or the Reorganized Debtors, as the case may be.

Rights Offering Indemnifying Parties means the Debtor Parties and New Topco. “Rights Offering Pro Rata Share” means, with respect to an Eligible Holder as of theSubscription Rights Record Date, the proportion that (x) the number of Class A Shares such Eligible Holder is entitled to receive on account of its Allowed Class 4 Claims and pursuant to Section 5.4(a) of the Plan bears to (y) the total number of Class A Shares all Eligible Holders are entitled to receive on account of their Allowed Class 4 Claims and pursuant to Section 5.4(a) of the Plan.

Rights Offering Indemnifying Parties means the Debtors or the Reorganized Debtors, as the case may beDebtor Parties and New Topco.