Examples of Subscription Rights Record Date in a sentence
Prior to the Effective Date, the Subscription Rights will be automatically transferred in connection with a transfer of a Claim with respect to which Subscription Rights are granted as of the Subscription Rights Record Date (a “Rights Claim”).
Pursuant to the Rights Offering, each Eligible Holder as of the Subscription Rights Record Date shall be granted non-transferable Subscription Rights to purchase up to such holder’s Rights Offering Pro Rata Share of 240,339,302 Class B Shares at the Subscription Purchase Price of $10.61 per share.
Pursuant to the Rights Offering, each Eligible Holder as of the Subscription Rights Record Date will be granted non-transferable Subscription Rights to purchase up to such holder’s Rights Offering Pro Rata Share of 240,339,302 Class B Shares at the Subscription Purchase Price of $10.61 per share.
For purposes of distribution of the Rights Offering New Common Stock, the Debtors are not required to recognize any such sale, transfer or assignment occurring after the Subscription Rights Record Date.
The Subscription Form will permit each Eligible Holder of an Allowed Class 1D Claim as of the Subscription Rights Record Date to subscribe for additional shares of New Common Stock at the Subscription Purchase Price up to an amount equal to 200% of the Eligible Holders’ Pro Rata share of the Rights Offering.
The Subscription Rights and Disputed Subscription Rights issued to Holders shall be registered in a register (the "Subscription Rights Register") on the Subscription Rights Record Date.
First, along with the Ballot for voting on the Plan, each holder of an Allowed Claim in Class D-3 or a Disputed Claim within or potentially within Class D-3 determined as of the Subscription Rights Record Date shall be sent a Subscription Rights Election Form which may be used by such holder to elect to participate in the Rights Offering by promising to purchase its pro rata share of New WRT Subscription Common Stock at $3.50 per share.
If you are an Eligible Holder as of the Subscription Rights Record Date, you have received a subscription form for participating in the Rights Offering (the “Subscription Form”).
I certify that, as of the Subscription Rights Record Date of [October 14, 2009], I held [Notes] in the following principal amount (upon stated maturity) (insert amount in box below) or that I am the authorized signatory of that beneficial owner.
The Subscription Rights Record Date shall be that date established by order of the Bankruptcy Court approving the Solicitation Procedures Motion.