Common use of Amount of Series B Convertible Subordinated Debt to be Issued to NBCU Pursuant to Section Clause in Contracts

Amount of Series B Convertible Subordinated Debt to be Issued to NBCU Pursuant to Section. 5.04(a) shall be equal to (a) the Actual Subordinated Debt Basket Available, multiplied by (b) (x) $375,000,000, divided by (y) $470,584,689. For purposes of this Schedule 5.04 and Schedule 10.12, the following terms shall have the meanings set forth below: “Total Tendering 14¼% Preferred” shall be equal to the total stated liquidation preference of all of the 14¼% Preferred Stock owned by holders other than CIG that is tendered in the Exchange Offer.

Appears in 4 contracts

Samples: Registration Rights Agreement (Cig Media LLC), Registration Rights Agreement (Ion Media Networks Inc.), Registration Rights Agreement (Cig Media LLC)

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