New Common Stock Reserve definition

New Common Stock Reserve means the New Common Stock held in reserve pursuant to Article VI.D.2.
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New Common Stock Reserve means the authorized but unissued New Common Stock reserved from the Class 4.1 New Common Stock Distribution for issuance on the allowance or disallowance of Disputed General Unsecured Claims.
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New Common Stock Reserve means the New Common Stock held in reserve pursuant to ArticleVI.D.2.
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Examples of New Common Stock Reserve in a sentence

  • The New Common Stock Reserve Administrator shall have no liability for the price received for such Holdback Shares.

  • It is intended that the New Common Stock Reserve be classified for federal income tax purposes as a “liquidating trust” within the meaning of Treasury Regulations Section 301.7701-4(d) and as a “grantor trust” within the meaning of Section 671 through 677 of the Internal Revenue Code.

  • All assets held by the New Common Stock Reserve shall be deemed for federal income tax purposes to have been distributed by the Debtors or Reorganized Debtors, as applicable, to the Holdback Entities, and then contributed by the Holdback Entities to the New Common Stock Reserve in exchange for their interest in the New Common Stock Reserve.

  • All Holders shall use the valuation of the New Common Stock transferred to the New Common Stock Reserve as established by the Debtors or Reorganized Debtors for all federal income tax purposes, which determination shall be made as soon as reasonably practicable following the Effective Date.

  • The New Common Stock Reserve will be responsible for filing information on behalf of the New Common Stock Reserve as grantor trust pursuant to Treasury Regulation Section 1.671-4(a).

  • In furtherance of this objective, the New Common Stock Plan Administrator shall, in its business judgment, make continuing best efforts not to unduly prolong the duration of the New Common Stock Reserve.

  • A guidance note or brochure based on the table will be made available on WP.1’s website.

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  • The ACC receives and investigates corruption complaints, often from the public.

  • The Holdback Entities (or their direct or indirect owners, as required under applicable tax law) will be treated as the grantors of the New Common Stock Reserve.


More Definitions of New Common Stock Reserve

New Common Stock Reserve means New Common Stock with a total Equity Value of $103million to be issued, authorized, and reserved on the Effective Date for the payment of Administrative Claims or post-Effective Date obligations of the Reorganized Debtors, to be determined at the discretion of the New Board. The New Common Stock Reserve is subject to dilution by the New Credit Facility Shares, any shares issued after the Effective Date subject to the Stockholders’ Agreement, and upon exercise of the Warrants.
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Related to New Common Stock Reserve

  • 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.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Additional Common Stock herein shall mean in the most broadest sense all shares of Common Stock hereafter issued by the Borrower (including, but not limited to Common Stock held in the treasury of the Borrower and common stock purchasable via derivative security or option on the date of such grant ), except Common Stock issued upon the conversion of any of this Convertible Note or Warrant.

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the fifteen (15) consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.