New Class B Common Stock definition

New Class B Common Stock means the Class B Common Stock to be issued by Reorganized Tribune in connection with the implementation of, and as authorized by, this Plan, which shall have the powers, preferences and rights and be subject to the limitations, qualifications and restrictions, in each case as set forth in the Certificate of Incorporation.
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New Class B Common Stock means the shares of Class B common stock, par value $0.01 of the Company, as of the Effective Time, with such rights and preferences as set forth in the A&R Charter.
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New Class B Common Stock means Class B common stock, par value of one thousandth of a penny ($0.00001) per share, which will be “vote-only” interests in Reorganized PubCo.
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Examples of New Class B Common Stock in a sentence

  • To the extent the shares of New Class A Common Stock or New Class B Common Stock are certificated, such certificates may contain a legend restricting the sale, transfer, assignment, conversion or other disposal of such shares.

  • Any such Holder that fails to provide the Media Ownership Certification by the deadline established by the Bankruptcy Court or that does not do so to the reasonable satisfaction of the Proponents may be allocated New Class B Common Stock in lieu of New Class A Common Stock as set forth in Section 5.4.2(d) at the discretion of the Proponents.

  • Any party that is to receive New Membership Interests and shares of New Class B Common Stock shall be a party to the New LLC Agreement and the New Stockholders Agreement and deemed to be bound to the terms of the New LLC Agreement and New Stockholders Agreement from and after the Effective Date, even if not a signatory thereto.

  • The New Organizational Documents shall provide that each share of the New Class A Common Stock and New Class B Common Stock will have one vote on all matters and vote together as a single class, including irrespective of Section 242(b)(2) of the Delaware General Corporation Law, unless otherwise required by applicable law.

  • Parent or holders of Parent’s existing membership interests shall subscribe for New Class B Common Stock from PES Inc., in accordance with the Restructuring Transactions.


More Definitions of New Class B Common Stock

New Class B Common Stock has the meaning set forth in the Recitals.
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New Class B Common Stock means the 7,000,000 shares of Class B Common Stock to be issued to the New Money Investors under the Plan.
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New Class B Common Stock means new shares of Class B common stock of PES Inc.
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New Class B Common Stock means the 7.0 million shares of authorized common stock of Reorganized PHI, par value $.01 per share, to be issued to the New Money Investors under the Plan.
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New Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Restructured Company.
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New Class B Common Stock means the new non-voting class B common stock in Reorganized ONE Aviation to be issued on the Effective Date or upon exercise of the Warrants, as applicable, pursuant to the terms of the Plan, the New Organizational Documents, and the New Warrants Agreement.
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New Class B Common Stock shall have the meaning set forth in Section 5.3(b).
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