Examples of Unexercised Rights in a sentence
Sale of Less than All Unexercised Rights Through the Subscription Agent.
Transfer of All or Less than All Unexercised Rights to One Designated Transferee.
Transfer of All or Less than All Unexercised Rights to More than One Designated Transferee.
Unexercised Rights will expire without compensation at the Expiration Time.
After taking into account the exercise by any and all Class 6-A Rights Offering Recipients of their respective subscription and oversubscription rights described in the Solicitation Form, to the extent that any Rights have not been duly exercised, then the Backstop Parties shall exercise their share of such Unexercised Rights based on their respective Backstop Commitments, all in accordance with the provisions of the Subscription and Backstop Purchase Agreement.
In accordance with the Subscription and Backstop Purchase Agreement, each Backstop Party shall fully exercise and subscribe for its share of the Rights prior to the Subscription Expiration Date, and shall be entitled, but not obligated, to oversubscribe for Unexercised Rights as more particularly set forth in the Subscription Form.
Sale of Less than All Unexercised Rights through a Broker, Dealer or Nominee.
On the Subscription Expiration Date applicable to the Class 6-A Rights Offering Recipients, all Unexercised Rights then remaining (after taking into account the exercise by any and all Class 6-A Rights Offering Recipients of their respective oversubscription rights) shall be allocated to, and exercised by, the Backstop Parties in accordance with the terms and conditions of the Subscription and Backstop Purchase Agreement.
Additionally, MLF has agreed that if, at the end of the exercise period for the Rights, there are Rights of other xXXxX*s stockholders that remain unexercised (the “Unexercised Rights”), MLF shall, at the request of xXXxX*s and subject to the provisions of the Backstop Agreement, purchase, or cause certain of its Affiliates to purchase, all of the shares of xXXxX*s Common Stock underlying all Unexercised Rights at the Subscription Price.
Unexercised Rights will expire without compensation at 5:00 p.m. on the expiration date chosen by CCI, which date shall be reasonably satisfactory to the Requisite Holders and the Debtors.