Rights Offering Proceeds definition

Rights Offering Proceeds means the proceeds, if any, of the Rights Offering.

Rights Offering Proceeds means the aggregate Subscription Price of all Common Shares subscribed for and taken up under the Rights Offering by holders of Rights, determined as of the Rights Closing Date; for greater certainty, “Rights Offering Proceeds” shall include all Common Shares subscribed for and taken up: (i) pursuant to the Additional Subscription Privilege; and (ii) by all of the Standby Purchasers under the Rights Offering, but shall not include any Common Shares subscribed for and taken up pursuant to the Standby Commitment of the Standby Purchaser or the standby commitments of any other Standby Purchasers;

Rights Offering Proceeds means the proceeds of the Rights Offering as of the Effective Date.

Examples of Rights Offering Proceeds in a sentence

• The Rights Offering Proceeds shall be used to redeem the Reorganized OpCo Common Stock from Redeeming Holders on a Pro Rata basis.

• If the Tropicana AC Transfer has not occurred within thirty days following the Effective Date, then as soon as practicable thereafter, the Securities Voting Agent shall cause the distribution of the Redemption Shares to the Redeeming Holders and shall return the Rights Offering Proceeds to the Rights Offering Participants, without interest.

• The Rights Offering Proceeds shall be used to redeem shares of Reorganized OpCo Common Stock from the Redeeming Holders, and excess Rights Offering Proceeds, if any, shall be transferred to Reorganized OpCo Corporation and used for general corporate purposes.

• On the Effective Date, the Company shall cause the Rights Offering Proceeds to be paid, by wire transfer of immediately available cash funds, to the DIP Agent on behalf of the Term B Lenders.

• Except as otherwise provided in the Plan or Confirmation Order, all Cash required for the payments to be made hereunder shall be obtained from the Debtors’ and the Reorganized Debtors’ operations and Cash balances, the Rights Offering Proceeds and, if necessary, the Exit Facility Credit Agreement proceeds.

More Definitions of Rights Offering Proceeds

Rights Offering Proceeds means the proceeds from the Rights Offering.

Rights Offering Proceeds means all cash proceeds received by the Borrowers from the Rights Offering.

Rights Offering Proceeds means all Cash proceeds from the Rights Offering.

Rights Offering Proceeds means the amount of Rights Offering proceeds that are actually received by the Securities Voting Agent.

Rights Offering Proceeds has the meaning set forth in Section 3.2(a).

Rights Offering Proceeds means the cash proceeds received by the Debtors from the Rights Offering, if any.

Rights Offering Proceeds means all funds paid by the Subscribing Participants to the Company or the Subscription Agent in connection with the valid and proper exercise of their Rights pursuant to the Rights Offering, without any deductions for fees or expenses.