New Equity Investor Cash Election Shares definition

New Equity Investor Cash Election Shares means the shares of Common Stock of New GP purchased at the Closing by the New Equity Investors in consideration of their funding of the Cash Election.

Examples of New Equity Investor Cash Election Shares in a sentence

  • As a result, the number of New Equity Investor Cash Election Shares delivered at the Closing may be incorrect.

  • If the number of New Equity Investor Cash Election Shares is different that the number delivered to the New Equity Investors at Closing, New GP will issue additional shares of Common Stock of New GP to the New Equity Investors for any shortfall, or the New Equity Investors will return to the New GP any excess shares of Common Stock of New GP they received.

  • When the final amounts of Allowed Unsecured Claims and Eligible Allowed Unsecured Claims validly electing the Cash Election may are known, the Reorganized Debtor will recalculate the number of New Equity Investor Cash Election Shares.

  • The number of New Equity Investor Cash Election Shares shall equal the number of shares of Common Stock of New GP which would have been distributed to the holders of Eligible Allowed Unsecured Claims that were satisfied pursuant to the Cash Election had the Cash Election not been elected with respect to such Claims.

  • The aggregate number of Class 5 Distribution Shares will equal 10,000,000 minus the sum of (i) 2,141,320 (which is the aggregate number of shares of Common Stock of New GP purchased by the New Equity Investors pursuant to the Investment Agreement (other than the New Equity Investor Cash Election Shares) and by holders of Eligible Allowed Unsecured Claims pursuant to the Rights Offering) plus (ii) the number of New Equity Investor Cash Election Shares.

Related to New Equity Investor Cash Election Shares

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Cash Election shall have the meaning set forth in Section 3.2.2.

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

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

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

  • Qualified shares means all shares entitled to be voted with respect to the transaction except for shares that the secretary or other officer or agent of the corporation authorized to count votes either knows, or under subsection 4 is notified, are held by:

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Specified Shares means all or, as the case may be, some of the shares specified in a disclosure notice;

  • Stock Election shall have the meaning set forth in Section 3.2.2.

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

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

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

  • Qualified Preferred Stock means any preferred capital stock of Holdings or Lead Borrower so long as the terms of any such preferred capital stock (x) do not contain any mandatory put, redemption, repayment, sinking fund or other similar provision prior to the 91st day after the Latest Maturity Date as of the date such Qualified Preferred Stock was issued other than (i) provisions requiring payment solely (or with provisions permitting Holdings or Lead Borrower, as applicable, to opt to make payment solely) in the form of common Equity Interests, Qualified Preferred Stock of Holdings or Lead Borrower or cash in lieu of fractional shares, as applicable, or any Equity Interests of any direct or indirect Parent Company of Holdings or Lead Borrower, as applicable, (ii) provisions requiring payment solely as a result of a change of control or asset sale, so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale are subject to the payment in full of all Obligations in cash (other than unasserted contingent indemnification obligations) or such payment is otherwise permitted by this Agreement (including as a result of a waiver or amendment hereunder) and (iii) with respect to preferred capital stock issued to any plan for the benefit of employees of Holdings or Lead Borrower, as applicable, or its Subsidiaries or by any such plan to such employees, provisions requiring the repurchase thereof in order to satisfy applicable statutory or regulatory obligations and (y) give Holdings or Lead Borrower the option to elect to pay such dividends or distributions on a non-cash basis or otherwise do not require the cash payment of dividends or distributions at any time that such cash payment is not permitted under this Agreement or would result in an Event of Default hereunder.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

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

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).