Maximum Purchase of New Common Stock Sample Clauses

Maximum Purchase of New Common Stock. The extent to which a Creditor Eligible Holder can participate in the Rights Offering To Creditors is determined by the calculation of that Xxxxxx’s participation claim amount (the “Creditor Rights Participation Claim Amount”). A Creditor Rights Participation Claim Amount is determined by (a) in the case of an Unsecured Notes Claim, the principal amount thereof plus prepetition accrued interest; and (b) in the case of any other General Unsecured Claim (other than the Unsecured Notes Claims) and Indirect Environmental Claims, the amount of such Claim that is Allowed (i) as of the Record Date For Creditors and (ii) as of the date a Claim becomes Allowed, for Creditor Subsequent Eligible Holders (it being understood that the Claim must be Allowed before the Rights Expiration Date For Creditors). If a Claim is subject to any dispute by the Holder thereof and is not finally determined (with any right to appeal having expired or having been irrevocably waived) as of five calendar days prior to the Rights Expiration Date For Creditors, then the (i) Allowed amount of such Claim shall be deemed to be zero for the purposes of calculating the Creditor Rights Participation Amount, and (ii) for holders of Indirect Environmental Claims allowed for voting purposes, their respective Allowed Claim for purposes of participation in the Rights Offering To Creditors shall be limited to 50% of their Allowed Claim.
AutoNDA by SimpleDocs
Maximum Purchase of New Common Stock. The extent to which a Shareholder Eligible Holder can participate in the Rights Offering To Shareholders is determined by the calculation of that Shareholder Eligible Holder’s participation claim amount (the “Shareholder Rights Participation Claim Amount”). A Shareholder Rights Participation Claim Amount is determined by such party’s holdings of issued and outstanding shares of capital stock of Tronox Incorporated, as a percentage of all Shareholder Eligible Holders. n n u u g g c c e e o o d d V V . . i i e w e w w w w w e e w w r r P P m m D D Click to buy NOW! o Click to buy NOW! o F F c c - - . . X k X k c c C C a a h h r r a a t t - -

Related to Maximum Purchase of New Common Stock

  • Escrow of New Securities If you receive securities (new securities) of another issuer (successor issuer) in exchange for your escrow securities, the new securities will be subject to escrow in substitution for the tendered escrow securities if, immediately after completion of the business combination:

  • Issuance of New Rights Certificates Notwithstanding any of the provisions of this Agreement or of the Rights to the contrary, the Company may, at its option, issue new Rights Certificates evidencing Rights in such form as may be approved by the Board of Directors to reflect any adjustment or change in the Purchase Price and the number or kind or class of shares or other securities or property purchasable under the Rights Certificates made in accordance with the provisions of this Agreement. In addition, in connection with the issuance or sale of shares of Common Stock following the Distribution Date and prior to the redemption or expiration of the Rights, the Company (a) shall, with respect to shares of Common Stock so issued or sold pursuant to the exercise of stock options or under any employee plan or arrangement, granted or awarded as of the Distribution Date, or upon the exercise, conversion or exchange of securities hereinafter issued by the Company, and (b) may, in any other case, if deemed necessary or appropriate by the Board of Directors of the Company, issue Rights Certificates representing the appropriate number of Rights in connection with such issuance or sale; provided, however, that (i) no such Rights Certificate shall be issued if, and to the extent that, the Company shall be advised by counsel that such issuance would create a significant risk of material adverse tax consequences to the Company or the Person to whom such Rights Certificate would be issued, and (ii) no such Rights Certificate shall be issued if, and to the extent that, appropriate adjustment shall otherwise have been made in lieu of the issuance thereof.

  • Issue of new card PIN We may, in our absolute discretion, issue a replacement card or a new PIN upon such terms and conditions as we may deem fit.

  • Release from Escrow of New Securities (1) As soon as reasonably practicable after the Escrow Agent receives:

  • Creation of New Positions 3.33 Staff Reductions - Transfers (may impact Section C.?)

  • Purchase of Note On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of Note as is set forth immediately below the Buyer’s name on the signature pages hereto.

  • Re-Purchase of Note If we decide that you provided us with inaccurate information or have otherwise violated your obligations, or if required by any applicable law or regulation related to terrorism, money laundering, and similar activities, we may (but shall not be required to) repurchase your Note for an amount equal to the principal amount outstanding.

  • The Purchase Price If the sale of the Property is not subject to HST, Seller agrees to certify on or before (included in/in addition to) closing, that the sale of the Property is not subject to HST. Any HST on chattels, if applicable, is not included in the Purchase Price.

  • Purchase of Retail Power Illinois Power Marketing Company d/b/a Homefield Energy (Homefield Energy) agrees to sell, and you, as a participant in the City of Bloomington Opt-Out Aggregation Program, agree to buy, all your residential power and energy service (Retail Power) at the price and on the terms and conditions specified in this Agreement. Homefield Energy is an independent seller of power and energy service certified by the Illinois Commerce Commission (ICC Docket No. 14-0015). Homefield Energy has been selected by City of Bloomington as the supplier for its June 2020-June 2022 Opt-Out Government Aggregation Program. The Terms and Conditions contained in this Agreement have been the subject of negotiations between Homefield Energy and City of Bloomington. Your Delivery Service Provider (DSP)—Ameren Illinois— retains responsibility for the delivery of electricity to your home. Homefield Energy’s obligations under this Agreement are conditioned upon you providing complete and accurate information to Homefield Energy throughout the Term.

  • Restriction on Transfer, etc Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities or any related share certificates or other evidence of the escrow securities. If a Securityholder is a private company controlled by one or more principals (as defined in section 3.5 of the Policy) of the Issuer, the Securityholder may not participate in a transaction that results in a change of its control or a change in the economic exposure of the principals to the risks of holding escrow securities.

Time is Money Join Law Insider Premium to draft better contracts faster.