Unsubscribed Amount definition

Unsubscribed Amount has the meaning set forth in Section 4.1(c).

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Unsubscribed Amount means, with respect to an Institutional Stockholder, any additional portion of the Securities attributable to the Basic Amounts of other Institutional Stockholders as such holder indicates it will purchase or acquire should the other holders subscribe for less than their Basic Amounts.

Unsubscribed Amount means $325,000,000, minus the aggregate cash consideration paid at the Rights Offering Expiration Time or to be paid at the Closing for Rights Offering Shares duly purchased in the Rights Offering in accordance with the Rights Offering Procedures and the Plan. For the avoidance of doubt, the Cash Subscription Amount of any Commitment Party shall not be included in the Unsubscribed Amount.

Examples of Unsubscribed Amount in a sentence

Each such Consenting Lender shall have the right for a period of 10 days following receipt of such notice to elect by written notice to the Borrower and the Administrative Agent, to increase its Revolving Commitment by a principal amount up to the remaining Unsubscribed Amount.
Subject to the minimum requirements set forth above, any increase in the Commitments may be made in an amount which is less than the increase requested by the Transferor if the Transferor is unable to arrange for, or the Transferor chooses not to arrange for, sufficient Augmenting Purchasers to provide the Unsubscribed Amount.
Each such Consenting Lender shall have the right for a period of 10 days following receipt of such notice to elect by written notice to the Borrower and the Administrative Agent to increase its Commitment by a principal amount up to the remaining Unsubscribed Amount.
Any Unsubscribed Amount not so issued and sold to any purchaser during the Third Party Offering Period will thereafter again be subject to the Preemptive Rights provided for in this Article IV.
In the event that any party listed on Schedule II does not purchase the full amount set forth opposite its name (such amount, the “Unsubscribed Amount”) prior to the date fourteen days following the Initial Closing Date (the “Outside Closing Date”), the Investors which have committed their Pro Rata Amount shall have the right to invest at an Additional Closing, on a pro rata basis (the “Unsubscribed Pro Rata”), in an aggregate amount equal to the Unsubscribed Amount.

More Definitions of Unsubscribed Amount

Unsubscribed Amount means the amount of the Rights Offering Amount not elected to be duly purchased by the Eligible Parties on or prior to the Election Deadline in accordance with the New Money Investment Procedures.

Unsubscribed Amount means an amount equal to $125,000,000.00 minus the Equity Raise Amount minus the Subscribed For Amount.

Unsubscribed Amount as to any Noteholder shall mean the product of (i) a fraction, the numerator of which is the unpaid principal amount of the Guaranteed Senior Secured Primary Note held by such Noteholder on the date hereof and the denominator of which is the aggregate unpaid principal amount of all Guaranteed Senior Secured Primary Notes on the date hereof held by Noteholders who have elected Redemption Option (D) set forth in Section 2 below, multiplied by (ii) an amount equal to the aggregate unpaid principal amount of the Guaranteed Senior Secured Primary Notes held by Noteholders who have elected Redemption Option (B) or (C) set forth in Section 2 below minus the aggregate redemption amount elected to be received by the Noteholders which selected Redemption Option B.

Unsubscribed Amount means the amount resulting from $3,000,000 minus the aggregate gross proceeds to the Company in the Subsequent Placement.

Unsubscribed Amount means an amount equal to $50,000,000.00 minus the Subscribed For Amount.

Unsubscribed Amount means, with respect to a holder of Series A Preferred Stock, any additional portion of the Securities attributable to the Basic Amounts of other holders of Series A Preferred Stock as such holder indicates it will purchase or acquire should the other holders subscribe for less than their Basic Amounts.

Unsubscribed Amount means the amount of the Rights Offering Amount not elected to be duly purchased by the Eligible Parties in the Rights Offering on or prior to the Election Deadline in accordance with the Rights Offering Procedures.