Rights Offering Units definition

Rights Offering Units shall have the meaning set forth in the recitals of this Agreement.
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Rights Offering Units has the meaning assigned to it in the Recitals hereto.
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Rights Offering Units means the 1145 Rights Offering Units and the Accredited Investor Rights Offering Units.
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Examples of Rights Offering Units in a sentence

  • On the Effective Date or as soon as practicable thereafter, each holder of an Allowed Old Preferred Stock Interest which has elected to become a Rights Offering Participant will receive the number of Rights Offering Units for which it has validly subscribed and paid the full purchase price.

  • The Company is not required by the Cyprus Companies Law, Cap.113, to prepare consolidated financial statements because the Company and its subsidiaries constitute a medium sized group as defined by the Law and the Company does not intend to issue consolidated financial statements for the year ended 31 December 2018.

  • On the Effective Date or as soon as practicable thereafter, the Reorganized Debtor shall make or cause to be made to the holders of Allowed Claims and Allowed Equity Interests the distributions of the New Common Stock, Rights Offering Units and Cash as provided in Section 4 hereof.

  • The Rights Offering Units will be issued to the Rights Offering Purchasers for an aggregate purchase price equal to the Rights Offering Amount.

  • The Rights Offering Units acquired by Investor pursuant to the Backstop Guarantee are collectively referred to as the “Backstop Acquired Units”.

  • On the Effective Date, or as soon as reasonably practicable thereafter, New CORE Holdings or another Disbursing Agent shall distribute the Rights Offering Units purchased by such Rights Offering Purchaser set forth in the Subscription Form to such Rights Offering Purchaser set forth in the Subscription Form.

  • Holders will not be entitled to oversubscribe for Rights Offering Units.

  • Upon receiving the Rights Subscription Exercise Form, any holder who wishes to participate in the Rights Offering must duly execute and properly complete the form indicating the number of Rights Offering Units the holder wishes to purchase and return the form to the Rights Agent by no later than the Rights Offering Deadline indicated on the form together with a certified check or a wire transfer of immediately available funds for an amount equal to the purchase price.

  • Subject to the terms and conditions of this Agreement, at the Closing Investor shall purchase from the Company (the “Backstop Guarantee”), and the Company shall issue to Investor, at the Subscription Price, a number of the Rights Offering Units equal to (a) the Aggregate Offered Units minus (b) the number of Rights Offering Units validly subscribed for and purchased by Eligible Securityholders in the Rights Offering in the manner set forth in the Prospectus.

  • All subscriptions for the purchase of Rights Offering Units are subject to and conditioned upon the confirmation of the Plan and the occurrence of the Effective Date of the Plan.


More Definitions of Rights Offering Units

Rights Offering Units means the Common Units (including all Unsubscribed Units purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures in the Rights Offering. “Rights Offering Subscription Agent” means Delaware Trust Company or another subscription agent appointed by the Company and satisfactory to the Requisite Commitment Parties. “SEC” means the U.S. Securities and Exchange Commission.
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Rights Offering Units means the 1145 Rights Offering Units and the Accredited Investor Rights Offering Units. “Rights Offering Subscription Agent” means Delaware Trust Company or another subscription agent appointed by the Company and satisfactory to the Requisite Commitment Parties. “SEC” means the U.S. Securities and Exchange Commission. “Securities Act” means the Securities Act of 1933, as amended. “Senior Commitment Party” means each Party listed as such on Schedule 1 to this Agreement. “Senior Commitment Party Default” means the failure by any Senior Commitment Party to (a) deliver and pay the aggregate Per Unit Purchase Price for such Senior Commitment Party’s Commitment Percentage of any Unsubscribed Units by the Escrow Account Funding Date in accordance with Section 2.4(b), (b) deliver and pay the aggregate Per Unit Purchase Price for such Senior Commitment Party’s relative Commitment Percentage of any Available Units resulting from a Joinder Commitment Party Default by the Escrow Account Funding Date in accordance with Section 2.4(b), (c) fully exercise all Subscription Rights that are issued to it pursuant to the Rights Offering and duly purchase all Rights Offering Units issuable to it pursuant to such exercise, in accordance with this Agreement and the P lan or (d) deliver and pay the aggregate Per Unit Purchase Price for such Senior Commitment Party’s 4(a)(2) Backstop Commitment Units by the Escrow Account Funding Date in accordance with Section 2.4(b). “Senior Commitment Premium Amount” means an amount equal to the Commitment Premium minus the sum of (a) the Joinder Commitment Party Premium Maximum Amount multiplied by the quotient obtained by dividing (y) the Commitment Percentage of all Joinder Commitment Parties who backstopped their Required Exit Term Loan Share by (z) the Commitment Percentage of all Joinder Commitment Parties plus (b) the Incremental Senior Premium Amount. 17
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Rights Offering Units means the New Common Units offered for sale in connection with the Rights Offering.
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Rights Offering Units means the Common Units (including all Unsubscribed Units purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures in the Rights Offering.
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Related to Rights Offering Units

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

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

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

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Rights Offering Amount means $50 million.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

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

  • Rights Offering Procedures means the procedures governing the Rights Offering, which procedures are attached as an exhibit to the Disclosure Statement, and shall be Acceptable to the Debtors and each of the Required Parties.

  • Piggyback Offering has the meaning set forth in Section 8(a).

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Common Units is defined in the Partnership Agreement.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Net Offering Proceeds means all cash or other assets received by General Partner or Borrower as a result of the issuance or sale of common shares of beneficial interest, preferred shares of beneficial interest, partnership interests, preferred partnership units, limited liability company interests, Convertible Securities or other ownership or equity interests in General Partner or Borrower less customary costs and discounts of issuance paid by General Partner or Borrower, as the case may be.

  • Sponsor Shares shall have the meaning given in the Recitals hereto.

  • Initial Offering Period means the period commencing with the initial effective date of the Prospectus and terminating no later than the ninetieth (90th) day following such date unless extended for up to an additional 90 days at the sole discretion of the General Partner.

  • Offering Notice has the meaning set forth in Section 4.3(b).

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Offering shall have the meaning ascribed to such term in Section 2.1(c).

  • Subscription Rights means the right to participate in the Rights Offering.

  • 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.

  • Placement Units shall have the meaning given in the Recitals hereto.

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

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years from the initial exercise date, in substantially the form of Exhibit A attached hereto.

  • Subsequent Offering means any further issuance of Interests in any Series, excluding any Initial Offering or Transfer.