New Common Shares definition

New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

New Common Shares means the 110,111,111 Common Shares to be issued by Jaguar on the Implementation Date in accordance with the steps set out in Section 7.4;

New Common Shares means shares of New Common Stock.

Examples of New Common Shares in a sentence

• The New Common Shares will not be registered on any exchange as of the Effective Date.

• Such book entry system will reflect a legend restricting the transferability of the New Common Shares until no longer required by the Reorganized Parent Organizational Documents.

• For the avoidance of doubt, New Common Shares shall be distributed pursuant to Article III.B.4(b)(i)(2) solely on account of, and to the extent of, General Unsecured Claims that are Allowed as of the NCS Election Record Date.

• The distribution and issuance of the New Common Shares on the Effective Date shall be governed by the terms and conditions set forth in the Plan and by the terms and conditions of the Reorganized Parent Organizational Documents, including without limitation the Stockholders Agreement, the terms and conditions of all of which shall bind each Entity receiving such distribution of New Common Shares.

• Although the New Common Shares to be issued under the Plan are being issued pursuant to section 1145 of the Bankruptcy Code, and would otherwise be freely tradeable except as provided by section 1145, the New Common Shares will not be freely tradeable and there will be no market for the New Common Shares.

More Definitions of New Common Shares

New Common Shares means shares of common stock or shares of beneficial interests of Reorganized Comdisco authorized under Section 7.9 of the Plan and under the Certificate of Incorporation or other organizational documents of Reorganized Comdisco.

New Common Shares means the shares of common stock, $0.01 par value per share, of Reorganized Parent to be issued on the Effective Date pursuant to Article IV.F hereof, which shares shall constitute all of the issued direct or indirect equity of Reorganized Parent as of the Effective Date, and which shares shall be subject to the terms and conditions of the Reorganized Parent Organizational Documents. The number of New Common Shares issued by the Reorganized Parent shall be equal to the dollar amount of all Allowed General Unsecured Claims held by Holders duly electing and entitled to treatment pursuant to Article III.B.4(b)(i)(2) hereof, and each such electing Holder shall receive one New Common Share per dollar of its Allowed General Unsecured Claim.

New Common Shares means the new common shares without par value in the capital of PT to be issued as part of the Arrangement.

New Common Shares means common shares of Reorganized Holdings.

New Common Shares means the Class A Common Shares in the capital of the Company to be issued pursuant to the Plan of Arrangement which shall be designated as “common shares” after cancellation of the Existing Common Shares.

New Common Shares means shares of common stock of the Company as reorganized on the Effective Date in accordance with the Plan.

New Common Shares means the newly issued common equity interests of Reorganized Holdings to be issued (i) on the Effective Date, (ii) upon implementation of the Management Incentive Plan, or (iii) as otherwise permitted pursuant to the Amended Organizational Documents of Reorganized Holdings.