Rights Participation Claim Amount definition

Rights Participation Claim Amount means, in the case of a holder of a Convertible Subordinated Notes Claim who is an Eligible Holder, the principal amount of such holder’s Convertible Subordinated Notes Claim.
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Rights Participation Claim Amount means the amount in which a General Unsecured Claim is valued for purposes of participation in the Rights Offering, as listed on the Rights Participation Schedule, agreed to by the Debtors with the consent of the Committee and the Equity Investor or as ordered by the Bankruptcy Court.
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Rights Participation Claim Amount means, with respect to a holder of a Senior Subordinated Note Claim (Class 8) or an Other General Unsecured Claim (Class 9):
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Examples of Rights Participation Claim Amount in a sentence

  • For all purposes of this Section 5.4, each Rights Offering Participant is entitled to participate in the Rights Offering solely to the extent of its Rights Participation Claim Amount, if any.

  • If, after the Rights Offering Record Date but at least five (5) calendar days prior to the Subscription Expiration Date, a holder of a Disputed Claim who otherwise would be an Eligible Holder, is permitted to participate in the Rights Offering as a result of a Bankruptcy Court order estimating such Claim for the purpose of determining such holder’s Rights Participation Claim Amount, such holder shall be permitted to participate in the Rights Offering to the same extent as an Eligible Holder.

  • For the avoidance of doubt, to the extent that a Disputed Claim becomes an Allowed Claim after the date that is five (5) calendar days prior to the Subscription Expiration Date, then the holder of such Claim shall not be entitled to any Rights Participation Claim Amount.

  • Specifically, for purposes of this Creditor Rights Exercise Form, your Creditor Rights Participation Claim Amount is: $ [See back page for claim amount] Item 2.

  • For all purposes of this Article VII, each Qualified Holder of a General Unsecured Claim is entitled to participate in the Rights offering solely to the extent of its Rights Participation Claim Amount, if any.

  • Each Eligible Holder (other than the Backstop Parties) is entitled to participate in the Rights Offering solely to the extent of its Rights Participation Claim Amount.

  • Disputed Rights Offering List” means the Disputed Claims asserted as General Unsecured Claims that are identified on Exhibit M with respect to the claimants’ Rights Participation Claim Amount for purposes of Article VII of the Plan, which Exhibit will be filed by the Exhibit Filing Date.

  • Has Book of Mormon Geography Been Revealed?We have seen that phrases such as “this land,” “this continent,” and “this country” as used by Joseph Smith and his contemporaries lend no support for the limited North American “heartland” inter- pretation of Book of Mormon geography.

  • Each holder of an General Unsecured Claim within or potentially within Class 7 as of the Subscription Record Date shall receive Debt Subscription Rights (based on its Rights Participation Claim Amount and the Rights Participation Claim Amount of all those who are entitled to participate in the Offering) as set forth in this Section.

  • Amended to:The Board of Directors’ Meeting of the Company ( excluded directors with conflict of interest) has considered the tender offer ( Form 247- 4) dated December 3, 2018 and its amendment dated December 19, 2018 and the opinion of Capital Advantage Company Limited, the IFA of the Tender Offer.


More Definitions of Rights Participation Claim Amount

Rights Participation Claim Amount means, in the case of a Second Lien Notes Claim, the principal amount thereof plus prepetition accrued interest. The Subscription Rights will not be transferable. Only Eligible Holders entitled to exercise Subscription Rights on the Record Date and Subscription Nominees (as defined below) of such holders may submit completed Rights Exercise Forms. Fractional shares shall not be issued; rather, the number of shares of New Preferred Stock available for purchase shall be rounded down to the nearest whole number, and no compensation shall be paid in cash in respect of such fractional shares. Each Subscription Right can be exercised for one share of New Preferred Stock. Notwithstanding anything contained in the Plan to the contrary, under no circumstances shall any Holder of a Second Lien Notes Claim that is not entitled to vote on the Plan pursuant to the order approving the solicitation procedures with respect to the Plan have any Rights Participation Claim Amount with respect to any such Claim.
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Rights Participation Claim Amount means, (a) in the case of an Unsecured Notes Claim, the principal amount thereof plus prepetition accrued interest; and (b) in the case of any other General Unsecured Claim (other than the Unsecured Notes Claims) and Indirect Environmental Claims, the amount of such Claim that is Allowed (i) as of the Record Date for Initial Eligible Holders and (ii) as of the date a Claim becomes Allowed, for Subsequent Eligible Holders (it being understood that the Claim must be Allowed before the Rights Expiration Date). If a Claim is subject to any dispute by the Holder thereof and is not finally determined (with any right to appeal having expired or having been irrevocably waived) as of five calendar days prior to the Rights Expiration Date, then the Allowed amount of such Claim shall be deemed to be zero for the purposes of calculating the Rights Participation Amount, and (ii) for holders of Indirect Environmental Claims allowed for voting purposes, their respective Allowed Claim for purposes of participation in the Rights Offering shall be limited to 50% of their Allowed Claim. The Subscription Rights will not be transferable. Only (i) Initial Eligible Holders that are entitled to exercise Subscription Rights on the Record Date and Subscription Nominees (as defined below) of such Initial Eligible Holders and (ii) Subsequent Eligible Holders that receive Subscription Forms on account of their claims becoming Allowed after the Record Date, may submit completed Rights Exercise Forms. If an Allowed Claim is transferred after rights have been allocated, the transferee must receive the benefit of any exercise of the related Subscription Rights and the benefit of such Subscription Rights are not separable from the underlying Allowed Claim. Fractional shares shall not be issued; rather, the number of shares of New Common Stock available for purchase shall be rounded down to the nearest whole number, and no compensation shall be paid in cash in respect of such fractional shares. Each Subscription Right can be exercised for one share of New Common Stock. Notwithstanding anything contained in the Plan to the contrary, under no circumstances shall any Holder of a General Unsecured Claim, Indirect Environmental Claim or Unsecured Notes Claim that is not entitled to vote on the Plan pursuant to the Disclosure Statement Order have any Rights Participation Claim Amount with respect to any such Claim.
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Rights Participation Claim Amount means, (a) in the case of an Unsecured Notes Claim, the principal amount thereof plus prepetition accrued interest; and (b) in the case of any other General Unsecured Claim (other than the Unsecured Notes Claims) and Indirect Environmental Claims, the amount of such Claim that is Allowed (i) as of the Record Date for Initial Eligible Holders and (ii) as of the date a Claim becomes Allowed, for Subsequent Eligible Holders (it being understood that the Claim must be Allowed before the Rights Expiration Date). If a Claim is subject to any dispute by the Holder thereof and is not finally determined (with any right to appeal having expired or having been irrevocably waived) as of five calendar days prior to the Rights Expiration Date, then the Allowed amount of such Claim shall be deemed to be zero for the purposes of calculating the Rights Participation Amount, and (ii) for holders of Indirect Environmental Claims allowed for voting purposes, their respective Allowed Claim for purposes of participation in the Rights Offering shall be limited to 50% of their Allowed Claim. The Subscription Rights will not be transferable. Only (i) Initial Eligible Holders that are entitled to exercise Subscription Rights on the Record Date and Subscription Nominees (as defined below) of such Initial Eligible Holders and (ii) Subsequent Eligible Holders that receive Subscription Forms on account of their claims becoming Allowed after the Record Date, may submit completed Rights Exercise Forms. If an Allowed Claim is transferred after rights have been allocated, the transferee must receive the benefit of any exercise of the related Subscription Rights and the benefit of such Subscription Rights are not separable from the underlying Allowed Claim. Fractional shares shall not be issued; rather, the number of shares of NewCommon Stock available for purchase shall be rounded down to the nearest whole number, and no compensation shall be paid in cash in respect of such fractional shares. Each Subscription Right can be exercised for one share of New Common Stock. Notwithstanding anything contained in the Plan to the contrary, under no circumstances shall any Holder of a General Unsecured Claim, Indirect Environmental Claim or Unsecured Notes Claim that is not entitled to vote on the Plan pursuant to the Disclosure Statement Order have any Rights Participation Claim Amount with respect to any such Claim.
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Rights Participation Claim Amount means the amount of an Allowed General Unsecured Claim or the amount of such Claim that is not Allowed but has been allowed by the Bankruptcy Court solely for purposes of participation in the New Equity Investment Rights Offering held by a Rights Offeree or an Oversubscription Rights Offeree, as applicable, as of the Rights Offering Record Date.
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Rights Participation Claim Amount means, (a) in the case of a Noteholder Claim, the principal amount adjusted for unaccrued interest of such Noteholder Claim as of the Record Date; and (b) in the case of any General Unsecured Claim other than a Noteholder Claim, the amount of such Claim listed on the Rights Exercise Form, which shall reflect the amount of such General Unsecured Claim that is allowed for voting purposes, or such other amount as may be adjudicated in an order of the Bankruptcy Court at least five (5) days prior to the Voting Deadline. Notwithstanding anything contained in the Plan to the contrary, under no circumstances shall any Holder of a General Unsecured Claim that is not entitled to vote on the Plan pursuant to the Disclosure Statement Order have any Rights Participation Claim Amount with respect to such General Unsecured Claim. Before exercising any Rights, Eligible Holders should read the Disclosure Statement, including the section entitled, “Risks Related to the Debtors’ Business and Industry” and the valuation of the Reorganized Debtors contained therein.
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Rights Participation Claim Amount means, in the case of a Second Lien Notes Claim, the principal amount thereof plus prepetition accrued interest.
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Related to Rights Participation Claim Amount

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Participation Amount as defined in Section 3.4(b).

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Risk Participation Liability means, as to each Letter of Credit, all reimbursement obligations of Borrowers to the Issuing Lender with respect to an L/C Undertaking, consisting of (a) the amount available to be drawn or which may become available to be drawn, (b) all amounts that have been paid by the Issuing Lender to the Underlying Issuer to the extent not reimbursed by Borrowers, whether by the making of an Advance or otherwise, and (c) all accrued and unpaid interest, fees, and expenses payable with respect thereto.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.

  • Claim Amount means the amount calculated in accordance with Section 6.2 of this Policy.

  • Effective date of participation means July 1, 1968, except with

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Unreimbursed Amount has the meaning specified in Section 2.03(c)(i).

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Revolving L/C Exposure of any Class shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit applicable to such Class outstanding at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof) and (b) the aggregate principal amount of all L/C Disbursements applicable to such Class that have not yet been reimbursed at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof). The Revolving L/C Exposure of any Class of any Revolving Facility Lender at any time shall mean its applicable Revolving Facility Percentage of the aggregate Revolving L/C Exposure applicable to such Class at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the International Standard Practices, International Chamber of Commerce No. 590, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

  • Swing Loan Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of all Revolving Loans then outstanding; provided that in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Commitments, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.

  • Approved Claim means the timely submitted Claim Form by a Participating Settlement Member that has been approved by the Settlement Administrator.

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

  • Swing Line Loan Participation Certificate a certificate in substantially the form of Exhibit I.