Rights Offering Securities definition

Rights Offering Securities means the Rights Offering Shares and Rights Offering Warrants issued by the reorganized Company to the Rights Offering Participants.

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Rights Offering Securities means the Exit Second Lien Notes and Reorganized Parent Stock offered in the Rights Offering.

Rights Offering Securities means the New Secured Notes (together with the corresponding Participation Equity) offered in the Rights Offering.

Examples of Rights Offering Securities in a sentence

PolyMet will use its best efforts to obtain all necessary consents, approvals or exemptions for the creation, offering and issuance of the Rights Offering Securities in all Qualifying Jurisdictions and to Glencore as contemplated herein and in the Prospectus and Registration Statement and the entering into and performance by it of the Agreement (including, for the avoidance of doubt, the issuance of the Rights Offering Securities).
Although it is expected that all distributions of Rights Offering Securities and Substitute Distributions, if in the form of New Permian Corp.
As provided in Section 2.6 of this Schedule 2, PolyMet will file with the Securities Authorities in the Qualifying Jurisdictions, the Preliminary Prospectus and with the SEC the Registration Statement relating to the proposed distribution of the Rights Offering Securities.
PolyMet will take all lawful action as may be required and appropriate so that the Rights Offering Securities have been conditionally approved for listing on the TSX and NYSE MKT, subject to receipt of customary final documentation.
All share allocations (including each 1145 Eligible Holder’s 1145 Rights Offering Securities) will be calculated and rounded down to the nearest whole share.

More Definitions of Rights Offering Securities

Rights Offering Securities. New Convertible Notes in an aggregate principal amount equal to the Rights Offering Amount.

Rights Offering Securities means the Rights Offering Convertible Bonds and the Rights Offering Stapled Special Voting Stock stapled thereto, which either shall be issued as a stapled unit comprised of both the Rights Offering Convertible Bond and the associated Rights Offering Stapled Special Voting Stock, or shall be issued in the form of the Rights Offering Convertible Bonds with the associated Rights Offering Stapled Special Voting Stock in a non-materialized form.

Rights Offering Securities means New Interests offered in the Rights Offering in the form of shares of common stock of Reorganized UP Energy. Pursuant to the Rights Offering Procedures, (a) 50.0% of the Rights Offering Securities shall be reserved for the Priority Backstop Parties, which shall be allocated to the Priority Backstop Parties on a pro rata basis (determined in accordance with the Backstop Purchase Agreement), and (b) 50.0% of the Rights Offering Securities shall be offered to all Rights Offering Participants on a pro rata basis (based on their respective Pro Rata shares). Pursuant to the Backstop Purchase Agreement, certain Priority Backstop Parties identified in the Restructuring Support Agreement shall be entitled to elect, in lieu of purchasing Rights Offering Securities that such Priority Backstop Parties are otherwise required to purchase pursuant to the Backstop Purchase Agreement, to make Exit Term Loans to the Reorganized Debtors in an aggregate principal amount not to exceed $5.0 million (excluding any yield on the Exit Term Loans, including any original issue discount or any commitment premium described in the Restructuring Support Agreement).

Rights Offering Securities means the Initial Rights Offering Securities and the Subsequent Rights Offering Securities.

Rights Offering Securities. “Backstop Securities”, “Backstop Base Commitment Securities”, “Backstop Priority Commitment Securities”, “Put Option Securities” or “Default Securities” used in this Agreement shall be deemed to include Exit Term Loans and/or Exit Warrants to the extent any Specified Backstop Party makes an Exit Term Loan Election and such inclusion is applicable.

Rights Offering Securities has the meaning attributed thereto in Section 3.4(a)(ii). “Rights Period” has the meaning attributed thereto in Section 3.4(a)(ii).

Rights Offering Securities means convertible preferred stock of New TUSA HoldCo, for which subscription rights shall be offered under the Rights Offering.