Unsubscribed Amount definition

Unsubscribed Amount means, with respect to a holder of Preferred Stock, any additional portion of the Securities attributable to the Basic Amounts of other holders of Preferred Stock as such holder indicates it will purchase or acquire should the other holders subscribe for less than their Basic Amounts.

Unsubscribed Amount has the meaning set forth in Section 4.1(c).

Unsubscribed Amount means $325,000,000, minus the aggregate cash consideration paid at the Rights Offering Expiration Time or to be paid at the Closing for Rights Offering Shares duly purchased in the Rights Offering in accordance with the Rights Offering Procedures and the Plan. For the avoidance of doubt, the Cash Subscription Amount of any Commitment Party shall not be included in the Unsubscribed Amount.

Examples of Unsubscribed Amount in a sentence

• In the event Boston Millennia Partners II Limited Partnership and its Affiliates purchase less than the entire Subsequent Closing Amount (the “Unsubscribed Amount”), each Purchaser that participated in the Initial Closing shall purchase its pro rata percentage (such percentage as set forth on Exhibit A) of the Unsubscribed Amount, if any.

• To accept an Offer, in whole or in part, a holder of Preferred Stock must deliver to the Corporation, on or prior to the date fifteen (15) days after the date of delivery of the Offer, an Acceptance indicating the portion of the holder’s Basic Amount that such holder elects to purchase and, if such holder shall elect to purchase all of its Basic Amount, the Unsubscribed Amount (if any) that such holder elects to purchase.

• Subject to the minimum requirements set forth above, any increase in the Commitments may be made in an amount which is less than the increase requested by the Transferor if the Transferor is unable to arrange for, or the Transferor chooses not to arrange for, sufficient Augmenting Purchasers to provide the Unsubscribed Amount.

• In the event that any party listed on Schedule II does not purchase the full amount set forth opposite its name (such amount, the “Unsubscribed Amount”) prior to the date fourteen days following the Initial Closing Date (the “Outside Closing Date”), the Investors which have committed their Pro Rata Amount shall have the right to invest at an Additional Closing, on a pro rata basis (the “Unsubscribed Pro Rata”), in an aggregate amount equal to the Unsubscribed Amount.

• In the event that all holders of outstanding Guaranteed Senior Secured Escrow Notes shall decline to accept the amount to be prepaid by the Company, the Unsubscribed Amount shall be prepaid to all holders of outstanding Guaranteed Senior Secured Escrow Notes pro rata.

More Definitions of Unsubscribed Amount

Unsubscribed Amount means, with respect to an Institutional Stockholder, any additional portion of the Securities attributable to the Basic Amounts of other Institutional Stockholders as such holder indicates it will purchase or acquire should the other holders subscribe for less than their Basic Amounts.

Unsubscribed Amount means an amount equal to $125,000,000.00 minus the Equity Raise Amount minus the Subscribed For Amount.

Unsubscribed Amount means the amount of the Rights Offering Amount not elected to be duly purchased by the Eligible Parties on or prior to the Election Deadline in accordance with the New Money Investment Procedures.

Unsubscribed Amount as to any Noteholder shall mean the product of (i) a fraction, the numerator of which is the unpaid principal amount of the Guaranteed Senior Secured Primary Note held by such Noteholder on the date hereof and the denominator of which is the aggregate unpaid principal amount of all Guaranteed Senior Secured Primary Notes on the date hereof held by Noteholders who have elected Redemption Option (D) set forth in Section 2 below, multiplied by (ii) an amount equal to the aggregate unpaid principal amount of the Guaranteed Senior Secured Primary Notes held by Noteholders who have elected Redemption Option (B) or (C) set forth in Section 2 below minus the aggregate redemption amount elected to be received by the Noteholders which selected Redemption Option B.

Unsubscribed Amount means the amount of the Rights Offering Amount not elected to be duly purchased by the Eligible Parties in the Rights Offering on or prior to the Election Deadline in accordance with the Rights Offering Procedures.

Unsubscribed Amount means the amount resulting from $3,000,000 minus the aggregate gross proceeds to the Company in the Subsequent Placement.

Unsubscribed Amount means an amount equal to $50,000,000.00 minus the Subscribed For Amount.