Holdco Common Stock definition

Holdco Common Stock means the Common Stock, par value $0.001 per share, of Holdco.

Holdco Common Stock means the common stock of Holdco, par value $0.01 per share.

Holdco Common Stock has the meaning specified in Section 2.1.

Examples of Holdco Common Stock in a sentence

• PG&E and the Backstop Party shall cooperate in good faith to prepare and deliver a subscription agreement and any other documentation necessary to effect the private placement of New HoldCo Common Stock to the Backstop Party in accordance with the terms of this Backstop Commitment Letter, which documentation shall be consistent with this Backstop Commitment Letter and the Plan.

• To the extent provided in the Plan, the Debtors may issue Rights or New HoldCo Common Stock to holders of Claims against a Debtor that are subject to subordination pursuant to section 510(b) of the Bankruptcy Code and that arise from or are related to any equity security of the Debtor.

• No fractional shares or Interests of New HoldCo Common Stock shall be distributed.

• The Plan, among other things, shall provide that, on the Effective Date, Reorganized HoldCo shall issue shares of New HoldCo Common Stock for up to $12 billion of aggregate net cash proceeds to Reorganized Holdco (the “Equity Offering Cap”).

• The receipt by holders of Second Lien Notes pursuant to the Plan of New Common Stock and the right to participate in the Rights Offerings is intended to be treated as a recapitalization pursuant to Section 368(a)(1)(E) of the Internal Revenue Code of 1986, and that the transfer of the New Common Stock to Top HoldCo in exchange for Top HoldCo Common Stock is intended to be treated as a reorganization within the meaning of Section 368(a)(1)(B) of the Internal Revenue Code of 1986.

More Definitions of Holdco Common Stock

Holdco Common Stock means the ordinary voting interests in HoldCo.

Holdco Common Stock means shares of common stock of Holdco.

Holdco Common Stock means the common stock of HoldCo, par value of $0.0001 per share, which shall all constitute a single class of common stock with all of the rights and entitlements set forth in the HoldCo Organizational Documents in effect as of immediately following the Merger Effective Time.

Holdco Common Stock means HoldCo Class A Common Stock and HoldCo Class B Common Stock.

Holdco Common Stock has the meaning set forth in the Recitals.

Holdco Common Stock means Holdco’s common stock, par value $0.0001 per share.

Holdco Common Stock has the meaning assigned to such term in the Disney Merger Agreement.