Rights Offering Subscription Rights definition

Rights Offering Subscription Rights means the rights to purchase the Rights Offering Stock pursuant to the Rights Offering.
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Rights Offering Subscription Rights means subscription rights to acquire 90% of the Continuing TERP Class A Shares and 90% of the New SUNE Common Stock to be distributed on the Effective Date pursuant to the Rights Offering (in both cases, minus the direct purchase by the Rights Offering Backstop Purchasers, as set forth in the Equity Commitment Agreement and approved by the Bankruptcy Court order approving the Equity Commitment Agreement) in accordance with the Rights Offering Procedures. Participants in the Rights Offering shall receive a portion of the Reinstated Second Lien Claims in the same proportion as they will hold New SUNE Common Stock (i.e., if a participant would receive 2% of New SUNE Common Stock, such participant would hold 2% of Reinstated Second Lien Claims).
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Rights Offering Subscription Rights means the subscription rights issued in connection with the Rights Offering, which collectively shall provide for the subscription for up to $75 million of New Common Stock, in the aggregate; and for the avoidance of doubt, no Holder of Second Lien Term Loan Claims shall be permitted to oversubscribe for any Rights Offering New Common Stock.
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Examples of Rights Offering Subscription Rights in a sentence

  • The Debtors or Reorganized Debtors, as applicable, shall allocate the Rights Offering Subscription Rights to Holders of Allowed General Unsecured Claims against Gulfport Subsidiaries and Allowed Notes Claims against Gulfport Subsidiaries as set forth in the Plan and the Rights Offering Procedures.

  • However, it is possible that the parties will decide to undertake one of two alternative structures described below in lieu of undertaking the Flip Merger, in which case, the New Common Stock, Rights Offering Subscription Rights, and New Preferred Stock will instead represent interests in Reorganized Gulfport Parent.

  • In addition to the foregoing, in the TERP Share Election Alternative, each Holder of an Allowed Second Lien Claim that is an Eligible Holder shall receive its Pro Rata portion of the Rights Offering Subscription Rights.

  • In accordance with the RSA, Backstop Commitment Letter, and the Rights Offering Procedures, each Holder of Allowed Unsecured Note Claims shall have Rights Offering Subscription Rights to purchase up to its Pro Rata allocation (on a Claim by Debtor basis) of the Rights Offering Amount, subject to the Backstop Direct Investment.

  • In the Rights Offering, Subscription Rights may not be exercised by or on behalf of any person in the United States, except for QIBs that have delivered a QIB investor letter in the form set forth in Annex 4 hereto and comply with the other requirements described in this Prospectus.

  • With respect to Class 3, the Plan provides the RCF Lenders with a combination of new equity and cash recovery (and, for certain RCF Lenders that elected to receive Rights Offering Subscription Rights, a smaller cash recovery plus Rights Offering Subscription Rights).

  • The Debtors and the Reorganized Debtors, as applicable, shall fund distributions under the Plan with: (1) Cash on hand as of the Effective Date, including the proceeds from the DIP Facility and the Exit Facility, (2) the New Common Stock and the New Preferred Stock, (3) the New Unsecured Notes, and(4) the Rights Offering Subscription Rights.

  • The Debtors and the Reorganized Debtors, as applicable, shall fund distributions under the Plan with: (1) Cash on hand as of the Effective Date, including the proceeds from the DIP Facility and the Exit Facility, (2) the New Common Stock and the New Preferred Stock, (3) the New Unsecured Notes, (4) the Rights Offering Subscription Rights, and (5) the Mammoth Shares.

  • A sudden and unpredictable bombing-related MCE requires an immediate response; disrupts communication systems; interrupts transportation of casualties, medical personnel, and supplies; and may overwhelm the capacity of responding agencies.

  • Upon exercise of the Rights Offering Subscription Rights by the Rights Offering Participants pursuant to the Rights Offerings Procedures, Reorganized Holdings shall be authorized to issue any issuable Rights Offering New Common Stock pursuant to such exercise.

Related to Rights Offering Subscription Rights

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Subscription Rights means the subscription rights to purchase Rights Offering Shares.

  • Rights Offering has the meaning set forth in Section 4.1(b);

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Subscription means the capital stock of the Bank subscribed to by a member.

  • Subscription Offering means the offering of the Conversion Stock to Participants.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Rights Offering Amount means $300,000,000.

  • Subscription Price has the meaning set forth in Section 2.1.

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Subscription Period means the defined period of time of the Subscription as set forth in an Order Form.

  • Subscription Plan means a fixed term plan which relates to the Licensed Services as specified in the PGi Service Agreement

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • additional subscription privilege means a privilege, granted to a holder of a right, to subscribe for a security not subscribed for by any holder under a basic subscription privilege;

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • Subscription License means a particular type of license to a Software Product that allow s a Customer to use the Software Product for a specified period of time identified in the Quote. For reference, a Software Product that is a Subscription License shall have the word “Subscription” in the Software Product name and/or have the letters “SU” at the end of the product number for the Software Product.

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.