Unsubscribed Equity definition

Unsubscribed Equity means the First Lien Unsubscribed Equity and the Senior Notes Unsubscribed Equity.
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Unsubscribed Equity means the Equity Rights Offering Shares that are not subscribed for in the Equity Rights Offering.
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Unsubscribed Equity means the New Preferred Equity offered for sale in the New Preferred Equity Rights Offering that is not subscribed for by the Rights Offering Participants by the twentieth (20th) calendar day (or if such day is not a Business Day, the next Business Day) after the commencement of the New Preferred Equity Rights Offering and otherwise in compliance with the New Preferred Equity Rights Offering Procedures, including shares of New Preferred Equity that holders of Allowed Note Claims as of the applicable record date who are not Accredited Investors could have purchased if such holders exercised their respective New Preferred Equity Rights in the New Preferred Equity Rights OfferingRights Offering Termination Time in accordance with the terms of the New Preferred Equity Rights Offering Procedures.
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Examples of Unsubscribed Equity in a sentence

  • There will be no over-subscription privilege in the New Preferred Equity Rights Offering, such that any Unsubscribed Equity will not be offered to other Rights Offering Participants, but rather will be purchased by the Backstop Parties (subject to their respective Backstop Equity Commitment Amounts) in accordance with the terms and conditions of the Backstop Purchase Agreement and the Backstop Order.

  • Such Commitment Party has and will maintain sufficient immediately available funds to make and complete the payment of the aggregate purchase price for its Rights Offering Equity Interests subscribed for in the Rights Offering and its Backstop Commitment Percentage of the Unsubscribed Equity Interests on the Funding Deadline.

  • If the New Commitment Parties, in total, do not elect to purchase, pursuant to the Purchase Option, more Available Unsubscribed Equity Securities than are actually available, no adjustments to the amounts set forth in the Purchase Election Notice shall be made.

  • All amounts paid by an Indemnifying Person to an Indemnified Person under this Section 14 shall, to the extent permitted by applicable law, be treated for all Tax purposes as adjustments to the purchase price for the New Equity Interests subscribed for by the Commitment Parties in the Rights Offering and the Unsubscribed Equity Interests purchased by such Indemnified Person.

  • If a New Commitment Party desires to make such election, such Person shall submit to the Company a written notice (the “Purchase Election Notice”) delivered on or prior to the Purchase Option Expiration Date and in accordance with Section 10.1, that sets forth the amount of Available Unsubscribed Equity Securities, if any, and the principal amount of Available Unsubscribed New Secured Notes, if any, that such Person desires to purchase at the Closing.

  • The Equity Rights Offering Amount will be 100% backstopped by the Backstop Commitment Parties, and the Backstop Commitment Parties shall be obligated on a several, but not joint and several, basis to purchase the Unsubscribed Equity in accordance with and subject to the terms and conditions of the Backstop Commitment Agreement.

  • Notwithstanding anything to the contrary set forth herein, the decision of a Partner not to subscribe to all or any part of an Additional Contribution (whether relating to the contents of an Offer, to Unsubscribed Equity, to Unsubscribed Debt or otherwise) shall not be deemed a Material Breach.

  • Unsubscribed Equity Securities has the meaning set forth in clause 6.3(b).

Related to Unsubscribed Equity

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Offered Interests has the meaning set forth in Section 8.5(a).

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Qualifying Capital Securities means securities (other than Common Stock, rights to acquire Common Stock and securities convertible into Common Stock) that, in the determination of the Corporation’s Board of Directors reasonably construing the definitions and other terms of this Replacement Capital Covenant, meet one of the following criteria:

  • Preferred Equity as applied to the Equity Interests of any Person, means Equity Interests of such Person of any class or classes (however designated) that ranks prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to any shares (or other interests) of other Equity Interests of such Person, and shall include, without limitation, cumulative preferred, non-cumulative preferred, participating preferred and convertible preferred Equity Interests.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Purchased Securities has the meaning assigned in the Terms;

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Qualifying investment means a capital investment in real property including the purchase price of land and existing buildings, site preparation, building construction, and long-term lease costs. “Qualifying investment” also means a capital investment in depreciable assets.

  • Offered Securities shall have the meaning specified in Section 5.03(b)(ii)(B).

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Qualifying Equity Interests means Equity Interests of the Company other than Disqualified Stock.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Working Capital Warrants shall have the meaning given in the Recitals hereto.