Initial Exchange Offer definition
Examples of Initial Exchange Offer in a sentence
Benefits received by the Dealer Managers shall be deemed to be equal to the aggregate amount of Fees received by the Dealer Managers in connection with the Initial Exchange Offer under the Dealer Manager Agreement, and benefits received by any Holders shall be deemed to be equal to the value of receiving New Notes or Exchange Notes, as applicable, registered under the Act.
Subject to the requirements of applicable Law, as of no later than 15 days prior to the launch of the Initial Exchange Offer, the Outdoor Americas Group shall take such actions as are necessary to cause all investments in notional shares of CBS Common Stock under the Outdoor Excess 401(k) Plan to be transferred into other investment alternatives.
Upon the closing of any Notes Offering (other than the Initial Exchange Offer), LIFT shall pay, or cause another Person to pay, the Servicer financing fees, pro rata in accordance with the Net Proceeds of any such Notes Offering, equal to the greater of (x) 0.0005 multiplied by the Net Proceeds of any such Notes Offering and (y) $250,000.
Benefits received by the Company shall be deemed to be equal to the total net proceeds from the Initial Exchange Offer (before deducting expenses) as set forth in the Final Memorandum.
As an inducement to the holders of the SFAC Debentures to tender their SFAC Debentures pursuant to the Initial Exchange Offer, the Company has undertaken to register Exchange Securities (as defined herein) under the Securities Act and to take certain other actions with respect to the Exchange Securities.