Examples of Rights Offering Record Date in a sentence
On the Rights Offering Distribution Date, each share of the Existing Common Stock outstanding on the Rights Offering Record Date shall be exchanged for (1) one share of the New Common Stock and (2) a Share Purchase Right entitling the holder to purchase its Pro Rata portion of the Eligible Offeree Rights Offering Common Stock.
Distributions to holders of Class 7 Interests comprised of Existing Common Stock shall be made on the Rights Offering Record Date and shall be made in accordance with the Rights Offering Procedures.
Notwithstanding the foregoing, distributions to holders of Class 7 Interests shall be made on the Rights Offering Record Date and shall be made in accordance with the Rights Offering Procedures.
On the Subscription Commencement Date, the Debtors, through the Claims and Voting Agent, will mail the Subscription Form to each Rights Offering Participant known as of the Rights Offering Record Date, together with appropriate instructions for the proper completion, due execution, and timely delivery of the Subscription Form, as well as instructions for the payment of the eventual Subscription Payment Amount for that portion of the Subscription Rights sought to be exercised by such Person.
The term Rights Offering Record Date in the Glossary of Defined Terms to the Plan is hereby replaced with the term “Rights Offering/Exchange Determination Date” and amended as indicated below (with the amendments indicated in bold and underlined).