Examples of Rights Offering Period in a sentence
On the Rights Distribution Date, during the Rights Offering Period, and at the Expiration Time, the Investment Decision Package will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.
The ERO Preemptive Rights Offering Period will follow customary procedures under applicable Chilean corporate law.
Any ERO New Common Stock not acquired during the ERO Preemptive Rights Offering Period shall be offered at a price equal to the Subscription Price on a pro rata basis to all Eligible Equity Holders that participated in the ERO Rights Offering during the ERO Preemptive Rights Offering Period (including, without limitation, the Backstop Shareholders (up to the Backstop Shareholders Cap) and participating Non-Backstop Shareholders).
Rights Offering Period 20 business days, or such longer period as may be approved by the Special Committee.
Any Special Conversion Shares not so subscribed for (in respect of Special Offeree Basic Percentages and Special Offeree Oversubscription Percentages) within the Conversion Rights Offering Period shall be released to each holder of Series A Preferred Stock on a pro rata basis (based on the of Series A Percentage).
First , 50% of the New Convertible Notes Class C shall be allocated to the New Convertible Notes Class C Backstop Parties for purchase, to the extent available after the conclusion of New Convertible Notes Preemptive Rights Offering Period (the “Direct Allocation Amount”).
On the Effective Date, each Participating Holder of General Unsecured Claims, shall receive its share of New Convertible Notes Class C, subject to reduction by the subscription and purchase of New Convertible Notes Class C by the Eligible Equity Holders in the New Convertible Notes Preemptive Rights Offering Period, in accordance with the following waterfall: 1.
Failure to respond to the Rights Offering Notice by a Shareholder within the Rights Offering Period shall be deemed to be such Shareholder’s irrevocable waiver of its right to participate in such New Issuance.
New Convertible Notes Class C in the principal amount of $6,816 million which, to the extent not subscribed and purchased by Eligible Equity Holders during the New Convertible Notes Preemptive Rights Offering Period, shall be distributed to New Convertible Notes Class C Backstop Parties and Participating Holders of General Unsecured Claims as provided under Class 5b.
ERO New Common Stock Allocation Any ERO New Common Stock not acquired during the ERO Preemptive Rights Offering Period shall be subscribed and purchased at a price equal to the Subscription Price on the Effective Date by the ERO New Common Stock Backstop Parties (up to the Commitment Creditors ERO New Common Stock Backstop Commitment Amount).