Examples of Creditor New Common Stock Allocation in a sentence
The TWU shall receive, in full satisfaction of the TWU American Claim, shares of New Common Stock constituting 4.8% of the Creditor New Common Stock Allocation in accordance with the TWU American Section 1113 Agreement as follows: On the Initial Distribution Date, or as soon thereafter as reasonably practicable, the TWU shall receive its pro rata share of the Initial Labor Common Stock Allocation.
The APFA shall receive, in full satisfaction of the APFA Claim, shares of New Common Stock constituting 3% of the Creditor New Common Stock Allocation in accordance with the APFA Section 1113 Agreement as follows: On the Initial Distribution Date, or as soon thereafter as reasonably practicable, the APFA shall receive its pro rata share of the Initial Labor Common Stock Allocation.
The Non-Union Employees shall receive shares of New Common Stock constituting 2.3% of the Creditor New Common Stock Allocation and which shall be distributed by New AAG as follows: On the Initial Distribution Date, or as soon thereafter as reasonably practicable, New AAG shall distribute the Non-Union Employees’ pro rata share of the Initial Labor Common Stock Allocation to participating Non-Union Employees in per employee amounts as determined by the Debtors prior to the Effective Date.
In addition, the IASB amended other Standards and the Conceptual Framework that contain a definition of ‘material or refer to the term ‘material’ to ensure consistency.
On the Effective Date and under the Disputed Claims Order, the Debtors established the DCR.5 In April 2014, the Debtors also set aside additional shares of New Common Stock in the DCR under Section 7.3(b) of the Plan to ensure that sufficient shares would be available to satisfy the American Labor Allocation, which provides that certain Unions and employees would receive 23.6% of the Creditor New Common Stock Allocation (the “ Labor Allocation Reserve”).