Bondholder Shares definition

Bondholder Shares means (i) initially, 7,166,667 Class II, Series B Shares and 29,395,833 Class II, Series N shares of the Capital Stock of the Company, issued to the Equity Trust Trustee on behalf of the beneficial holders of the Existing Bonds pursuant to the Chapter 11 Plan (ii) and thereafter, such shares described in clause (i) plus any Additional Bondholder Shares.
Bondholder Shares means the Original Bondholder Shares and any Additional Shares issued in respect thereto or otherwise acquired by the Trustee for the benefit of the Agent or transferred by the Agent to the Trustee pursuant to the terms of this Trust.

Examples of Bondholder Shares in a sentence

  • EUL has agreed to use part of the EUR 20 million to take up their entitlement of Rights less the amount they will pay to the trustee of the Bondholders in respect of the Escrow Shares they acquire (the proceeds of which will be used by the trustee of the Bondholders to pay up the nominal value of the Escrow Shares and the Bondholder Shares) with up to the balance of the EUR 20 million being used to underwrite any Rights that are not taken up.

  • EBL shall send a cheque drawn on a UK clearing bank in favour of the New Member and/or holder of Bondholder Shares (or any subsequent holder) for the cash purchase price of such New Member Shares and/or Bondholder Shares within 14 days of transfer in the case of New Member Shares and in accordance with article 148(D) in the case of Bondholder Shares.”.

  • The Company shall not be obliged to issue a certificate to the New Member and/or holder of Bondholder Shares for the New Member Shares and/or Bondholder Shares respectively.

  • DO COMMUNITIES LOSE ANY OF THEIR LOCAL UTILITY TAXES WITH THIS EXEMPTION?Local municipalities have to opt-in to waive their utility taxes.

  • The Agent acknowledges and agrees that it will look solely and exclusively to the Company for the payment of its fees and expenses hereunder and, therefore, it expressly agrees not to look to the Bondholder Shares, the Sale Proceeds or any other property of the Holders for any such payment.

  • As a Holder of the Trust Interests, which correspond to the Bondholder Shares, you may instruct the Agent to cause the Equity Trust Trustee to subscribe and pay for additional shares of Capital Stock for your benefit.

  • On the date hereof, pursuant to the direction of the Company the Agent shall direct the Equity Trust Trustee to deliver the Global Trust Certificate, representing the beneficial ownership of the Holders of the Bondholder Shares held by the Equity Trust Trustee pursuant to the Equity Trust Agreement, issued in the name of Cede & Co., as nominee for DTC, to the Agent, as custodian for the benefit of the Holders.

  • The Agent may withhold the delivery or registration of transfer of Units or the distribution of any dividend or distribution or proceeds with respect thereto or any delivery of any Sale Proceeds or Bondholder Shares until such proof or other information is filed or such certificates are executed or such representations and warranties made.

  • The Company shall not assume any obligation to the Holder or the Agent for the calculation, withholding, reporting, entering or payment of any taxes or governmental charges arising from the transfer of Units or upon any distribution made by the Company on account of the Bondholder Shares including, without limitation, the distribution of Sale Proceeds to the Agent pursuant to the terms of the Equity Trust Agreement.

  • A central component of the Restructuring Plan requires that the Company allocate to the Bondholders (excluding a Subsidiary which holds Series B Notes) 13.2106% of the Ordinary Shares following the Rights Offering – the Bondholder Shares.

Related to Bondholder Shares

  • Stockholder Shares means any Common Stock owned by a Stockholder on the date of the closing of the Transactions or hereafter, together with any equity securities issued or issuable directly or indirectly with respect to such Common Stock by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Insider Shares means all shares of Common Stock of the Company owned by an Insider immediately prior to the Company’s IPO. For the avoidance of doubt, Insider Shares shall not include any IPO Shares purchased by Insiders in connection with or subsequent to the Company’s IPO.

  • Key Holder Registrable Securities means (i) the shares of Common Stock held by the Key Holders, and (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of such shares.

  • Exchangeable Shares means the Exchangeable Shares of the Corporation having the rights, privileges, restrictions and conditions set forth herein.

  • Registrable Shares means the Common Stock owned by the Holders, whether owned on the date hereof or acquired hereafter; provided, however, that shares of Common Stock that, pursuant to Section 3.1, no longer have registration rights hereunder shall not be considered Registrable Shares.

  • Subject Securities means: (i) all securities of the Company (including all Shares and all options, Company Time-based Awards, Company Performance Awards, warrants and other rights to acquire Shares) Owned by Stockholder as of the date of this Agreement; and (ii) all additional securities of the Company (including all additional Shares and all additional options, Company Time-based Awards, Company Performance Awards,, warrants and other rights to acquire Shares) of which Stockholder acquires Ownership during the Voting Period.

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Owned Shares means the Company Common Shares Beneficially Owned by the Shareholder as of the applicable record date (including any Company Common Shares that the Shareholder may acquire after the date hereof) for which the Shareholder has sole voting power.

  • Lock-Up Securities has the meaning assigned to such term in Section 3.5.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Parity Shares means the APS and each other outstanding series of Preferred Shares the holders of which, together with the holders of the APS, shall be entitled to the receipt of dividends or of amounts distributable upon liquidation, dissolution or winding up, as the case may be, in proportion to the full respective preferential amounts to which they are entitled, without preference or priority one over the other.

  • Investor Registrable Securities means (i) any Common Equity held (directly or indirectly) by an Investor or any of its Affiliates, and (ii) any equity securities of the Company or any Subsidiary issued or issuable with respect to the securities referred to in clause (i) above by way of dividend, distribution, split or combination of securities, or any recapitalization, merger, consolidation or other reorganization.

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Company Shares means the common shares in the capital of the Company;

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Investor Securities is defined in Section 2.1.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).