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Replies to post #360102 on Mr Cooper Group Inc (COOP)
wunram
01/27/12 2:15 PM
#360108 RE: backtrax #360102
IF YOU RECEIVED A RETURN ENVELOPE ADDRESSED TO YOUR BANK, BROKER, OR OTHER VOTING NOMINEE (EACH OF THE FOREGOING, A “VOTING NOMINEE”), YOU MUST RETURN THIS BENEFICIAL HOLDER BALLOT TO SUCH VOTING NOMINEE AND NOT THE VOTING AGENT. PLEASE ALLOW SUFFICIENT TIME FOR YOUR VOTING NOMINEE TO PROCESS YOUR BENEFICIAL HOLDER BALLOT ON A MASTER BALLOT AND RETURN THE MASTER BALLOT TO THE VOTING AGENT BEFORE THE VOTING AND ELECTION DEADLINE.
IF YOU RECEIVED A RETURN ENVELOPE ADDRESSED TO YOUR BANK, BROKER, OR OTHER VOTING NOMINEE (EACH OF THE FOREGOING, A “VOTING NOMINEE”), PLEASE RETURN THE BENEFICIAL HOLDER BALLOT TO SUCH VOTING NOMINEE AND ALLOW SUFFICIENT TIME FOR YOUR VOTING NOMINEE TO PROCESS YOUR VOTE ON A MASTER BALLOT AND RETURN THE MASTER BALLOT TO THE VOTING AGENT BEFORE THE VOTING AND ELECTION DEADLINE.
Additionally, regardless of whether you opt out of granting the releases, the Voting Nominee holding your Common Equity Interests must “tender” your notes into the appropriate election account established at The Depository Trust Company (“DTC”). Failure to do so will render your election – either to opt in or to opt out – ineffective. Common Equity Interests may NOT be withdrawn from the DTC election account after your Voting Nominee has tendered them to the election account at DTC. Once the Common Equity Interests have been tendered, NO further trading will be permitted in the Common Equity Interests held in the election account. If the Plan is not confirmed, DTC will, in accordance with its customary practices and procedures, return all Common Equity Interests held in the election account to the applicable Voting Nominee for credit to the account of the applicable beneficial holder. If your Voting Nominee does not tender your Common Equity Interests, any election made by you will not be counted, you will not be entitled to receive a distribution pursuant to the Plan on the Effective Date, and you will be treated in accordance with Section 31.6(c) of the Plan.