Subscription Purchase Price definition

Subscription Purchase Price means $100 per Rights Offering

Subscription Purchase Price means an amount equal to the total Allowed OpCo Credit Facility Secured Claims less the principal amount of the Reorganized OpCo Notes divided by the total number of shares of Reorganized OpCo Common Stock to be issued to Holders of Allowed OpCo Credit Facility Secured Claims prior to any redemption.

Subscription Purchase Price means $10.00 per share of New Common Stock purchased by an Eligible Holder pursuant to the Rights Offering.

Examples of Subscription Purchase Price in a sentence

• If the Subscription Agent for any reason does not receive from a given Eligible Holder both a timely and duly completed Subscription Form and timely payment of such holder’s Subscription Purchase Price, such Eligible Holder shall be deemed to have relinquished and irrevocably waived its right to participate in the Rights Offering.

• In the event all or any portion of the Subscription Purchase Price is repaid to the entity making such payment, no interest shall be paid thereon.

• In the event any Eligible Holder elects to withdraw any of its previously exercised Subscription Rights, within five Business Days of such withdrawal, the Subscription Agent shall return to the withdrawing Eligible Holder, Cash in immediately available funds in an amount equal to the product of (i) the Subscription Purchase Price and (ii) the number of Class B Shares related to the Subscription Rights withdrawn by such Eligible Holder.

• 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.

• Subject to the terms and conditions in the Backstop Commitment Agreement, the Backstop Purchaser has agreed to subscribe for and purchase on the Effective Date, at the aggregate Subscription Purchase Price therefor, its Backstop Commitment (as set forth on Schedule 1 to the Backstop Commitment Agreement) of all Unsubscribed Units as of the Subscription Expiration Date.

More Definitions of Subscription Purchase Price

Subscription Purchase Price means, for each Offering Participant, such Offering Participant’s Final Allocation multiplied by the Per Unit Price, with the amount of New Common Units such Offering Participant is entitled to subscribe for being subject to rounding as provided in section D.9 of this Plan.

Subscription Purchase Price means $10.61 per Class B Share.

Subscription Purchase Price means, for each Offering Participant, such Offering Participant’s Offering Pro Rata Share multiplied by the Offering Amount.

Subscription Purchase Price means $10.00 per share of New Common Stock purchased by an

Subscription Purchase Price means, with respect to any Qualified Holder, the amount equal to the Per Share Value multiplied by the number of shares of Rights Offering New Shares for which such Qualified Holder subscribes pursuant to Article VII.

Subscription Purchase Price means $16.00 per share, based upon the Plan Equity Value.

Subscription Purchase Price means, for each Subscription Date, an amount in U.S. Dollars determined by multiplying the Subscription Share Amount by the Minimum Price on such Subscription Date.