Creditor Shares definition

Creditor Shares means the New Common Shares to be issued to the creditors of the Debtors pursuant to the Plan.

Creditor Shares means, as to each Creditor, the shares of Common Stock of the Company hereunder as specified below such Creditor’s name on the signature page of this Agreement and next to the heading “Creditor Shares”.

Creditor Shares means the new Purchaser Shares to be issued to Purchaser Group Creditors pursuant to and in accordance with the Debt Restructuring Documents (other than the Additional Shares);

Examples of Creditor Shares in a sentence

• Under the terms of the Creditor Lock-Up Agreement, Creditor Shares (which shall include the New Equity Warrants and the New Warrant Shares but shall exclude any Creditor Shares issued pursuant to the Top-Up Election) held by Restructuring Plan Creditors and their designated nominees whose holdings represent more than 2.7 per cent.

• The Creditor Shares were issued under the Company’s existing capacity under Listing Rule 7.1A.

• Embracing this web-based software technology now will assure nations of better resilience from the next tsunami.

• The gain on discharge of liabilities of HK$ 2,636 million represents the excess of liabilities discharged over the cash consideration of approximately HK$106 million and the issuance of Creditors Shares valued at approximately HK$338 million, such amount was derived from 3,881,437,269 Creditor Shares times the issue price of HK$0.087 per share, which is deemed as the shares’ fair value.

• On 24 October 2017, the Company issued 77,333,334 Shares to creditors of the Company in lieu of payment for services provided (Creditor Shares), including in relation to corporate advisory and media marketing services and research undertaken in relation to the Company.

More Definitions of Creditor Shares

Creditor Shares has the meaning ascribed to it in section "2.2" hereinbelow; a complete listing of such Creditor Shares per Creditor of the Purchaser being set forth in Schedule "C" which is attached hereto;

Creditor Shares means New Common Shares issued to holders of Allowed Claims in Class C-4 pursuant to Section 5.1(d)(v) of the Plan and any securities of the Company issued with respect thereto pursuant to a stock split, stock dividend, recapitalization or similar transaction.

Creditor Shares means 10,000 shares of New Common Stock to be distributed to the Disbursing Agent on the Effective Date for Pro Rata Distribution to Holders of Allowed General Unsecured Claims as set forth in Article 4.3 of the Plan.

Creditor Shares means those shares of New Holding Company Common Stock to be distributed to holders of Allowed Prepetition Note Claims, Allowed Trade Vendor/Lease Rejection Claims, and holders of Other Unsecured Claims who have made the Other Unsecured Claim Election, in the total aggregate amount of (i) one-hundred million (100,000,000) shares of such New Holding Company Common Stock minus (ii) a number determined by dividing (a) the total Cash paid or, in the case of the Plan Investors, deemed paid, on account of Prepetition Lender Claims under the Plan by (b) ten.

Creditor Shares mean those shares of Common Stock as are issuable upon conversion of the outstanding shares of Series C Preferred Stock.

Creditor Shares has the meaning set forth in Section 2.2;

Creditor Shares has the meaning set forth in Section 5.1 hereof." (b) Section 3.1 of the Merger Agreement is hereby amended and restated in its entirety as follows: "Section 3.1