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 common stock, par value $0.01 per share, of the Company.

Examples of New Common Stock in a sentence

  • Such exemption specifically applies, without limitation, to (i) all actions, agreements and documents necessary to evidence and implement the provisions of, transactions contemplated by and the distributions to be made under this Plan or the Restructuring Documents, (ii) the issuance and distribution of the New Common Stock, and (iii) the maintenance or creation of security interests or any Lien as contemplated by this Plan or the Restructuring Documents.

  • The Stockholders Agreement shall be deemed to be valid, binding, and enforceable in accordance with its terms, and each holder of the New Common Stock shall be bound thereby, in each case without the need for execution by any party thereto other than Reorganized PHI, the parent company of the Reorganized Debtors.

  • The Management Incentive Plan shall provide for 10% of the New Common Stock on a fully diluted basis.

  • The total number of authorized shares of New Common Stock, as applicable, shall be adjusted as necessary to account for the foregoing rounding.

  • The offering, issuance, and distribution of any Equity Securities under the Plan, including any New Common Stock (or Foreign Holder Equity Securities) issued under the New Common Stock Class 2 Distribution and the New Common Stock Distribution, shall be exempt from, among other things, the registration requirements of section 5 of the Securities Act under section 1145(a)(1) of the Bankruptcy Code or, in the alternative, under section 4(a)(2) of the Securities Act.


More Definitions of New Common Stock

New Common Stock means the common stock, limited liability company membership units, or functional equivalent thereof of Reorganized Chaparral Parent having the terms set forth in the New Corporate Governance Documents to be issued on the Effective Date subject to the terms and conditions set forth in the Restructuring Support Agreement and the New Stockholders Agreement.
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 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 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 Class A common stock, $.001 par value per share, of the Company. For purposes of Article V hereof, references toshares of New Common Stock” shall be deemed to include shares of any other class of stock resulting from successive changes or reclassifications of the New Common Stock consisting solely of changes in par value or from no par value to par value and vice versa.
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.