Examples of Subscription Record Date in a sentence
The Rights shall entitle Holders of General Unsecured Claims on the Subscription Record Date, the right to purchase, on a Pro Rata basis using the Rights Offering Participation Claim Amount, the Rights Offering Shares at a price of $10.00 per share pursuant to the terms and conditions set forth in Article 6.12 of the Plan, provided that the Holder executes a Subscription Form, which will be distributed to each Holder of a General Unsecured Claim together with the Ballot.
A Subscription Form must also be accompanied by sufficient indication of ownership of the Claim giving rise to the Rights, as well as appropriate executed representations as to ownership on the Subscription Record Date.
Each holder of an Allowed General Unsecured Claim or a Estimated General Unsecured Claim within or potentially within Class 7 as of the Subscription Record Date shall receive such holder’s Ratable Proportion of the Equity Subscription Rights (based on Allowed General Unsecured Claims and Estimated General Unsecured Claims of those who are entitled to participate in the Offering) as set forth in this Section.
Each holder of an Allowed General Unsecured Claim or a Estimated General Unsecured Claim within or potentially within Class 7 as of the Subscription Record Date shall receive such holder’s Ratable Proportion of the Debt Subscription Rights (based on Allowed General Unsecured Claims and Estimated General Unsecured Claims of those who are entitled to participate in the Offering) as set forth in this Section.
The Subscription Form provisions of the Ballots must also be accompanied by sufficient indication of ownership of the Claim giving rise to the Rights, as well as appropriate executed representations as to ownership on the Subscription Record Date.