New PGE Common Stock definition

New PGE Common Stock means the 62,500,000 shares of common stock, without par value, of PGE issued pursuant to the Plan.
Sample 1

Examples of New PGE Common Stock in a sentence

  • The other registered owners on the books of Portland General's transfer agent will vote the New PGE Common Stock held by them.

  • The Disbursing Agent has no economic or beneficial interest in the New PGE Common Stock or other assets in the Reserve.

  • This application does not seek authorization under Section 9(a)(2) of the Act for any holder of 5% or more of the New PGE Common Stock to acquire such securities.

  • Portland General's board of directors will owe a fiduciary duty to all shareholders, including those who have purchased their shares in the open market, Holders of Allowed Claims who have received shares on the issuance of New PGE Common Stock or by the release of New PGE Common Stock from the Reserve, and the Reserve.

  • This prevents the Reserve from receiving a premium from the sale of the New PGE Common Stock not available to other shareholders.

  • Enron and the Plan Administrator have no knowledge that any person or entity (other than the Reserve) will own or control 5% or more of the New PGE Common Stock as a result of the issuance of New PGE Common Stock.

  • This means that each holder will receive cash and common stock held for distribution, including the New PGE Common Stock, in a percentage equal to its percentage claim, regardless of how the stock is valued.

  • The New PGE Common Stock issued to the Reserve will be held in trust/escrow for the benefit of holders of disputed claims and Holders of Allowed Claims, along with all other assets in the Reserve.

  • The intent of the 30% condition is to assure that a liquid market can exist for shares of New PGE Common Stock and to permit the listing of the New PGE Common Stock on a national securities exchange.

  • As long as the Reserve holds more than 10% of the New PGE Common Stock, the DCR Overseers also will have the ability to call a special meeting of the shareholders.

Related to New PGE Common Stock

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

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

  • 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.

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

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

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

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

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

  • Fully-Diluted Common Stock means the aggregate of all outstanding Common Stock as of the date hereof, plus all shares of Common Stock issuable upon the exercise or conversion of securities exercisable for, or convertible into, shares of Common Stock of the Company which securities are outstanding or issuable as of the date hereof.

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

  • Common Stock means the common stock 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.

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

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

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

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

  • Parent Common Shares means the common shares of the Parent;

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

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

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

  • Acquiror Common Stock means the common stock, par value $0.001 per share, of Acquiror.

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

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

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

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

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