Examples of Offering Value in a sentence
The term "Offering Value" shall be the quotient obtained by dividing the Offering Funding Amount by the number of Offering Funding Shares sold in such Offering Funding.
In the event there is a Minimum Ownership Cutback or the Rights Offering Value is less than the Maximum Rights Offering Amount, then any excess portion of the payment made by the Rights Offering Participant shall be returned without interest promptly following the Effective Date.
Offering Each holder of Senior Secured Notes will be given the opportunity to participate in an up to $122.5 million rights offering in accordance with its pro rata share of the Senior Secured Notes to purchase a combination of New Common Stock at a discount to the Offering Value (as defined below) and/or loans under an Exit Term Loan Facility (if any), in each case to be agreed upon by the Debtors and Oaktree (the “Exit Rights Offering”).
The “Backstop Commitment Fee” means a nonrefundable aggregate premium equal to 10% of the aggregate amount of the Rights Offering, excluding any oversubscription amounts, payable in New Common Stock issued at the Rights Offering Value.
The “Equitization Consent Fee” means a fee equal to 10% of the amount of the DIP Facility paid in, at the election of each DIP Lender, (a) Reorganized Common Equity or (b) Reorganized Preferred Equity, issued in each case at the Equity Rights Offering Value.
The Victory Balanced Fund Portfolio Managers Denise Coyne Richard Heine Total Return As of 10/31/96 BALANCED FUND Class A Maximum Net Asset Offering Value Price One Year 16.27% 10.74% Since Inception Annualized 12/10/93 11.72% 9.86% BALANCED FUND Class B Contingent Net Asset Deferred Value Charges Since Inception 3/1/96 8.72% 3.72% Victory Balanced Fund vs.
I don't anticipate a The Victory Stock Index Fund Portfolio Manager Malini Menon Total Return As of 10/31/96 Maximum Net Asset Offering Value Price One Year 23.38% 17.55% Since Inception Annualized 12/3/93 17.70% 15.74% Victory Stock Index Fund vs.
The Victory National Municipal Bond Fund Portfolio Manager Paul Toft Total Return As of 10/31/96 NATIONAL MUNI Class A Maximum Net Asset Offering Value Price One Year 5.83% 0.82% Since Inception Annualized 2/3/94 5.25% 3.40% NATIONAL MUNI Class B Contingent Net Asset Deferred Value Charges One Year 4.85% 0.85% Since Inception Annualized 9/26/94 7.38% 6.06% Victory National Municipal Bond Fund vs.
Offering Each holder of Senior Secured Notes will be given the opportunity to participate in an up to €50.0 million rights offering in accordance with its pro rata share of the Senior Secured Notes to purchase New Common Stock at a discount to the Offering Value (as defined below) to be agreed upon by the Debtors and Oaktree (the “Euro Notes Rights Offering” and, together with the Exit Rights Offering, the “Rights Offerings”).
As set forth in Section 7.1.1 of this Plan, the Debtors, in consultation with, and subject to the approval of, a Majority in Interest, shall determine the Rights Offering Value, the Subscription Purchase Price and, after giving effect to the Minimum Ownership Cutback, the number of Rights Offering Units each Rights Offering Participant is entitled to receive (such Subscription Purchase Price, the “Final Subscription Purchase Price” and such units, the “Final Subscription Units”).