Examples of Rights Record Date in a sentence
Such reduction shall become effective immediately after the opening of business on the day following the Rights Record Date.
Prior to the Effective Date, the Subscription Rights will be automatically transferred in connection with a transfer of a Claim with respect to which Subscription Rights are granted as of the Subscription Rights Record Date (a “Rights Claim”).
Pursuant to the Rights Offering, each Eligible Holder as of the Subscription Rights Record Date shall be granted non-transferable Subscription Rights to purchase up to such holder’s Rights Offering Pro Rata Share of 240,339,302 Class B Shares at the Subscription Purchase Price of $10.61 per share.
Further, the board of directors has authorized and declared this dividend to cover every additional share of Common Stock which may become outstanding between the Rights Record Date and the first to occur of the Distribution Date, or the Expiration Date, or the date, if any, when the Rights may be redeemed, all upon the terms and subject to the conditions stated below.
Pursuant to the Rights Offering, each Eligible Holder as of the Subscription Rights Record Date will be granted non-transferable Subscription Rights to purchase up to such holder’s Rights Offering Pro Rata Share of 240,339,302 Class B Shares at the Subscription Purchase Price of $10.61 per share.