Concurrent Private Placement definition
Examples of Concurrent Private Placement in a sentence
Each of the Backstop Parties expressly waives any and all rights under Section 2.2 of the Registration Rights Agreement, dated as of June 19, 2007, by and between BioFuel and the holders of shares of BFE Common Stock identified therein (the “Existing Registration Rights Agreement”), that may arise in connection with the Rights Offering or the Concurrent Private Placement.
Each of the Company Securityholder, the Company, the Purchaser and GCL hereby consents to the disclosure of the substance of this Agreement, in any press release filed in connection with the Transaction, the Concurrent Private Placement or the other transactions contemplated by the Purchase Agreement or any filing pursuant to Applicable Law, including the Company Circular.
For purposes of this Section 2.3, the terms Backstop Commitment, Cargill Stock Payment, Class B Preferred Membership Interests, Common Membership Interests, Concurrent Private Placement and Preferred Membership Interests shall have the meanings assigned to them in the Rights Offering Letter Agreement.
The “Rights Price” for the Concurrent Private Placement shall be the same as the Rights Price for the Rights Offering.
The proceeds of the Rights Offering, the Concurrent Private Placement and the Backstop Commitment shall be used by BFE Corp.