Examples of Subscription Rights Record Date in a sentence
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.
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.
The Subscription Form will permit each Eligible Holder of an Allowed Class 1D Claim as of the Subscription Rights Record Date to subscribe for additional shares of New Common Stock at the Subscription Purchase Price up to an amount equal to 200% of the Eligible Holders’ Pro Rata share of the Rights Offering.
Each holder of an Allowed Claim or a Disputed Claim within or potentially within Class 8 having an aggregate value of at least the Eligible Claim Amount (as defined below) on the Subscription Rights Record Date shall receive Subscription Rights entitling each such holder to purchase a Pro Rata Share of the Subscription Preferred Stock and Subscription Warrants.
The Subscription Rights and Disputed Subscription Rights issued to Holders shall be registered in a register (the "Subscription Rights Register") on the Subscription Rights Record Date.
Pursuant to the Rights Offering, an Eligible Holder of an Allowed Class 1D Claim as of the Subscription Rights Record Date will be offered a Subscription Right to purchase up to its Pro Rata share of 23,611,111 Shares of New Common Stock for Distribution Pursuant to Rights Offering at the Subscription Purchase Price of $27.00 per Share.
Pursuant to the Rights Offering, each Eligible Holder of an Allowed Class 1D Claim as of the Subscription Rights Record Date and any holder of a Class 1D Claim which subsequently becomes an Eligible Holder pursuant to the Subscription Procedure Motion will be offered Subscription Rights to purchase up to its Rights Offering Pro Rata Share of 23,611,111 shares of New Common Stock for Distribution Pursuant to Rights Offering at the Subscription Purchase Price of $27.00 per Share.
On and after the Subscription Rights Record Date, the Subscription Rights and the Disputed Subscription Rights shall be issued or deemed issued to the Holders in accordance with Article 29 of the Plan.
If you are an Eligible Holder as of the Subscription Rights Record Date, you have received a subscription form for participating in the Rights Offering (the “Subscription Form”).