Existing Securityholders definition
Examples of Existing Securityholders in a sentence
As soon as reasonably practicable after the Funding Date, the Company agrees, in consideration for the purchase of the New Securities, to undertake, and the Purchasers and the Existing Securityholders agree to participate in, the recapitalization of the Company (the "Recapitalization") as described herein.
Notwithstanding anything herein to the contrary, because the Existing Securityholders received Warrants in connection with the issuance of the Existing Notes, no Existing Shareholders shall receive any Warrants hereunder.
Notwithstanding anything herein to the contrary, because the Existing Securityholders received warrants in connection with the issuance of the Existing Notes, no Existing Shareholders shall receive any Warrants hereunder.
The Company shall pay all expenses in connection with such appointment of CT Corporation as the Company's and such Existing Securityholders' and Additional Securityholders' agent.
In connection with a proposed termination of the Neutral Investment Trust, at the written request of a majority of the CPO Holders, the Company and the Existing Securityholders agree to use their best efforts to cause such an amendment to the Company's by-laws to be adopted and approved.
All or a portion of the Purchase Price in the case of certain Subscribers ("Existing Securityholders") consists of the surrender and cancellation of the 1996 Senior Subordinated Secured Debentures of the Company (the "Existing Debentures") held by such Existing Securityholders, the instruments for which shall be delivered to the Company at the Closing together with bond powers duly endorsed in blank.
The Company, each Existing Securityholders and each Additional Securityholders not resident in or organized under the laws of the United States each hereby irrevocably appoints CT Corporation (the "Process Agent") (a process agent service company located in the United States at ▇▇▇ ▇.
The Company, each Existing Securityholders and each Additional Securityholders not resident in or organized under the laws of the United States each hereby irrevocably appoints CT Corporation (the “Process Agent”) (a process agent service company located in the United States at 2▇▇ ▇.
The Existing Securityholders hereby agree to execute all documents and instruments reasonably required to terminate all liens and encumbrances on assets of the Company in favor of the holders of Senior Secured Debentures of the Company.
The Subordination shall apply to all Claims by the Existing Securityholders, regardless of whether or not such Claims are also made by an Underwriter, the Fund or other unitholder of the Fund and whether or not made first in time.