New Common Stock definition
New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.
New Common Stock means the shares of new common stock of the Company issued on and after the effective date of the Amended Plan and any additional shares of common stock paid, issued or distributed in respect of any such shares by way of a stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or otherwise.
New Common Stock means the shares of common stock, par value $0.01 per share, of the Company issued pursuant to the Plan.
Examples of New Common Stock in a sentence
No later than ninety (90) days following the Effective Date (as defined in the Plan) (the “MIP Allocation Date”), the Board shall establish a management incentive plan (the “MIP”), pursuant to which 10% of New Common Stock (as defined in the Plan), on a fully diluted basis (the “MIP Pool”), shall be reserved for issuance of awards under the MIP to employees and independent directors of the Company, as determined in good faith by the Board.
More Definitions of New Common Stock
New Common Stock means the common stock of Reorganized Frontier to be issued on the Effective Date.
New Common Stock means the common equity in Reorganized Holdings to be authorized, issued or reserved on the Effective Date pursuant to the Plan, which shall constitute all of the direct or indirect common equity of Reorganized Holdings.
New Common Stock means the common stock, limited liability company membership units, or functional equivalent thereof of Reorganized iQor to be issued on the Effective Date.
New Common Stock means the common stock in the Reorganized Debtor to be authorized, issued, or outstanding on the Effective Date, which collectively shall constitute all equity interests in the Reorganized Debtor.
New Common Stock means a certain number of common shares in the capital of New Chemtura authorized pursuant to the Plan, of which up to 100 million shares shall be initially issued and outstanding pursuant to the Plan as of the Effective Date.
New Common Stock means the newly issued shares of Congoleum common stock, par value $.01 per share, to be issued by Reorganized Congoleum as of the Effective Date pursuant to the terms of the Plan.
New Common Stock means the shares of common stock of Reorganized FairPoint Communications authorized to be issued pursuant to Section 6.1.1 of this Plan.