Examples of Shareholder Subscription Rights in a sentence
The Shareholder Subscription Rights Auction will conclude prior to the Effective Date in accordance with the Rights Offering Procedures.
Each Ineligible Existing Hertz Shareholder may elect prior to the Subscription Rights Expiration Deadline to have its Pro Rata (based on Existing Hertz Parent Interests held by all Holders of Existing Hertz Parent Interests) share of the Shareholder Subscription Rights sold pursuant to the Shareholder Subscription Rights Auction by submitting such election in accordance with the Rights Offering Procedures.
Bruning had reviewed “Optical Lithography - Thirty years and three orders of magnitude” in which he de- scribed many types of optics and features in an excellent way [12].Kingslake explained a Dyson Catadioptric System (1959), in which the op- tical configuration was made by one concave spherical mirror and one unique refractive lens block as co-axial arrangement [13].
Any such election will include the maximum amount and price per Shareholder Subscription Right such Eligible Existing Hertz Shareholder is willing to purchase at the Shareholder Subscription Rights Auction.
In addition to exercising their Pro Rata (based on Existing Hertz Parent Interests held by all Holders of Existing Hertz Parent Interests) share of the Shareholder Subscription Rights, each Eligible Existing Hertz Shareholder may elect prior to the Subscription Rights Expiration Deadline to purchase available Shareholder Subscription Rights at the Shareholder Subscription Rights Auction by submitting such election in accordance with the Rights Offering Procedures.
In accordance with the Rights Offering Procedures, each Eligible Shareholder shall have Shareholder Subscription Rights in the Shareholder Rights Offering to purchase up to its Pro Rata allocation of the Claire’s Parent’s New Investment Allocation.
For the avoidance of doubt, each Eligible Shareholder who exercises its Shareholder Subscription Rights shall be a beneficiary of Claire’s Parent’s exercise of its rights as a Backstop Party under the New Money Backstop Commitment Agreement with respect to Claire’s Parent’s New Investment Allocation.
Unless the Existing Claire’s Parent Equity Recovery Condition has occurred, (i) no Holder of an Existing Claire’s Parent Equity Interest shall receive any recovery on account of such Interest, including any distribution to Ineligible Shareholders, and (ii) the Shareholder Subscription Rights pursuant to the Rights Offering Procedures shall be automatically null and void ab initio without any further action by any Entity.
In accordance with the Rights Offering Procedures annexed hereto as Exhibit E-2, each Eligible Shareholder that is not a natural person shall have Shareholder Subscription Rights in the Shareholder Rights Offering to purchase up to its Pro Rata allocation of Claire’s Parent’s New Investment Allocation, comprised of (i) commitments to the Exit ABL Facility, (ii) funding of the Exit Term Loan Facility, and (iii) purchases of New Preferred Equity Interests.
The Shareholder Subscription Rights Auction will conclude prior to the Effective Date.