Aggregate Offering Amount definition

Aggregate Offering Amount has the meaning set forth in the preamble hereto.
Aggregate Offering Amount means the sum of the following: (a) an amount equal to the Direct Allocation Amount, 52.037% of which shall consist of Allowed LATAM General Unsecured Claims and 47.963% of which shall consist of cash; plus (b) an amount equal to the GUC New Convertible Notes Class C Distribution Amount, 52.037% of which shall consist of Allowed LATAM General Unsecured Claims and 47.963% of which shall consist of cash; plus;
Aggregate Offering Amount shall be equal to the positive excess, if any, of $200 million over the sum of (i) the aggregate principal amount of the Additional Tendered Notes, (ii) the M&F Equity Contribution, if any, and (iii) the aggregate proceeds of the Public Rights Offering (such excess, if any, being the "Aggregate Back-Stop Amount"). Each of M&F and Fidelity may exercise their Basic Subscription Privilege and their Over-Subscription Privilege. Each holder of Rights who exercises in full its Basic Subscription Privilege will be entitled, on a pro rata basis, to subscribe for additional Rights Shares at the Subscription Price (the "Over-Subscription Privilege"), to the extent that other holders of Rights do not exercise all of their Rights in the Basic Subscription Privilege. ▇▇▇▇▇▇▇▇▇▇ & FORBES BACK-STOP In the event the Rights Offering is not fully subscribed, M&F shall, on or prior to December 31, 2004, on the same terms as the Rights Offering, purchase all of the Back-Stop Shares (as such term is defined below).

Examples of Aggregate Offering Amount in a sentence

  • For the avoidance of doubt, the Subscription Price multiplied by the aggregate number of New Shares offered to Eligible Holders shall not exceed the Aggregate Offering Amount.

  • Any fractional shares of Common Stock that would be created by such an exercise of Rights will be rounded to the nearest whole share, with such adjustments as necessary to ensure that all of the Offered Shares are issued and the Company receives the Aggregate Offering Amount.

  • Aggregate Offering Amount $1,150,000,000 (or $1,300,000,000 if the underwriters of the Offering exercise their option to purchase up to 3,000,000 additional Corporate Units in full).

  • Aggregate Offering Amount: $250,000,000 ($287,500,000 if the underwriters exercise their option to purchase up to 750,000 additional Equity Units in full).

  • The gross proceeds to be received by the Company for the issuance and sale of the Offered Shares in the Rights Offering plus the issuance and sale of the Investor Shares to each of the Investors (including any Affiliated Purchasers) party to this Agreement immediately prior to the Closing shall, in the aggregate, be equal to or greater than the Aggregate Offering Amount.

  • The subsequent closing(s) of the purchase and sale of Notes (up to Aggregate Offering Amount) and Warrants under this Agreement (the “Subsequent Closing(s)”) shall take place at a time agreed upon by the Company and the Finder (the date(s) of the Subsequent Closing(s) is hereinafter referred to as the “Subsequent Closing Date(s)”), all of which shall occur in any event no later than October 31, 2010.

  • The Rights will entitle the holder to purchase, at the election of the holder thereof, its pro rata number of Rights Shares at the Subscription Price; provided, that, the Subscription Price multiplied by the aggregate number of Rights Shares offered shall not exceed the Aggregate Offering Amount; provided that such number may be adjusted in an equitable manner to avoid fractional Rights and/or Rights Shares and to ensure that the gross proceeds of the Rights Offering equal $50 million.

  • Aggregate Offering Amount Approximately $70 million Rights Issued One Right for every share of Common Stock issued and outstanding as of the Record Date Subscription Price $32 per share of Common Stock Offered Shares One (1) share of Common Stock per Right Record Date Such date as is established for such purpose by the Board of Directors.

  • The Commitment Fee shall be fully earned upon execution of this Agreement, shall be due and payable on the Closing Date (as defined in the Transaction Agreement), shall be paid in immediately available funds in U.S. dollars, and shall be non-refundable when paid (regardless of the Aggregate Offering Amount and whether or not the Rights Offering is consummated).

  • The Aggregate Offering Amount, with the consent of the Company and the Selling Agent, as defined below, may be increased to $1,500,000 to cover overallotments.


More Definitions of Aggregate Offering Amount

Aggregate Offering Amount means $110 million.
Aggregate Offering Amount has the meaning assigned to it in the Preamble. ‘‘Backstopped Amount’’ has the meaning assigned to it in the Preamble. ‘‘Basic Subscription Privilege’’ has the meaning assigned to it in the Preamble. ‘‘Board of Directors’’ has the meaning assigned to it in the Preamble.
Aggregate Offering Amount means the aggregate amount the Backstop Parties are required to pay pursuant to the New Convertible Notes Class B Backstop Commitment and the ERO New Common Stock Backstop Commitment pursuant to the terms hereof, 100% of which shall be in cash.
Aggregate Offering Amount has the meaning assigned to it in the Preamble.
Aggregate Offering Amount. Up to $5.4 million aggregate amount of Ordinary Shares and Preference Shares (the “Offered Shares”), all of which will be offered by the Company. The Offered Shares shall represent the same ownership percentage of the Company on a fully diluted basis (after giving effect to the issuance of the Offered Shares, but excluding equity participation of local management in the Company or any of its subsidiaries) as the Investors are collectively purchasing in ▇▇▇▇▇▇▇ ▇▇▇▇ Holdings Limited (“MKHL”) on a fully diluted basis. Each Investor may purchase its pro rata share of the Offered Shares based on its investment in MKHL relative to the other Investors. The Investors purchasing Offered Shares are referred to herein as “Purchasing Investors.” Following the offering, all holders will own Preference Shares with a preference equal to (i) their total investment amount less (ii) $1 for each Ordinary Share being purchased.1 Preference Shares: Following completion of the offering, each shareholder of the Company will hold Ordinary Shares and Preference Shares having an aggregate liquidation preference of $6.37 million plus the amount of the investment hereunder. The Preference Shares do not pay dividends, are non-convertible and have no voting rights, but are redeemable at the option of the holder upon certain liquidity events of the Company. Implied Valuation for Ordinary Shares: $26 million pre-money. Use of Proceeds: The Company intends to use the net proceeds to be received by the Company for general corporate purposes.

Related to Aggregate Offering Amount

  • Maximum Offering Amount means have the meaning set forth in the recitals hereto.

  • Rights Offering Amount means $50 million.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.