Unsubscribed Rights Shares definition

Unsubscribed Rights Shares means a number of shares of Common Stock equal to the excess, if any, of (i) the aggregate number of shares of Common Stock that may be purchased pursuant to all Rights issued by the Company in connection with the Rights Offering (including any Rights not issued and/or allocated due to the provisions of applicable state or foreign securities laws), over (ii) the aggregate number of shares of Common Stock that are purchased by the Eligible Common Stockholders in the Rights Offering pursuant to the exercise of the Subscription Rights.

Unsubscribed Rights Shares the Rights Shares that are not subscribed by the Qualifying Shareholders or holders of nil-paid right(s), which do not include the Committed Shares “Whitewash Waiver” a waiver from the Executive pursuant to note 1 on the Notes on dispensations from Rule 26 of the Takeovers Code in respect of the obligation of the Underwriter to make a mandatory general offer for all the Shares not already owned or agreed to be acquired by the Underwriter and parties acting in concert with it which would otherwise arise as a result of the taking up of the Unsubscribed Rights Shares, the NQS Unsold Rights Shares and the unsold faction of the Rights Shares pursuant to the Underwriting Agreement

Unsubscribed Rights Shares the Rights Shares that are not subscribed by Qualifying Shareholders

Examples of Unsubscribed Rights Shares in a sentence

• Any Unsubscribed Rights Shares or ES Unsold Rights Shares remain not placed under the Compensatory Arrangements will not be issued by the Company and the size of the Rights Issue will be reduced accordingly.

• Any Unsubscribed Rights Shares not placed under the Unsubscribed Arrangements will not be issued by the Company and the size of the Rights Issue will be reduced accordingly.

• Considering the importance with accreditation and the challenges with time and cost to performing it, the question remains if, and how, the process could be made more effective, in relation to time and cost.

• The final price determination is depended on the demand and market conditions of the Unsubscribed Rights Shares and/or the ES Unsold Rights Shares during the process of placement.

• In the event the Rights Issue is undersubscribed, any Unsubscribed Rights Shares will be placed to independent placees under the Unsubscribed Arrangements.

• Any unsold Unsubscribed Rights Shares under the Compensatory Arrangements will be taken up by the Underwriter pursuant to the terms of the Underwriting Agreement.

• Any unsold Unsubscribed Rights Shares and the NQS Unsold Rights Shares under the Compensatory Arrangements will be taken up by the Underwriter pursuant to the terms of the Underwriting Agreement.

• If all or any of the Unsubscribed Rights Shares are successfully placed, any premium over the Subscription Price will be distributed to the relevant No Action Shareholders.

• National coalitions on youth and peace and security bringing together organizations led by young people, national authorities and international partners, have been established in Canada, El Salvador, India, Iraq, Norway, Somalia, the Sudan, Sweden and the United States of America, as well as in the Occupied Palestinian Territory.

• Placees : The Unsubscribed Rights Shares and NQS Unsold Rights Shares are expected to be placed to placee(s), who and whose ultimate beneficial owner(s) shall be Independent Third Party(ies).

More Definitions of Unsubscribed Rights Shares

Unsubscribed Rights Shares means a number of shares of Common Stock equal to the excess, if any, of (i) the aggregate number of shares of Common Stock that may be purchased pursuant to all Rights issued by the Company in connection with the Rights Offering (including any Rights not issued and/or allocated due to the provisions of applicable state or foreign securities laws), over (ii) the aggregate number of shares of Common Stock that are purchased by the Eligible Common Stockholders in the Rights Offering pursuant to the exercise of the Subscription Rights. The “Total Commitment Amount” means the maximum amount that the Backstop Purchasers agree to pay for their aggregate subscription of shares of Common Stock pursuant to their respective Commitments and Backstop Commitments.

Unsubscribed Rights Shares means those (if any) of the Rights Shares in respect of which