New SNTL Common Stock definition

New SNTL Common Stock means the shares of common stock of Reorganized SNTL, representing 100% of the stock of Reorganized SNTL.
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Examples of New SNTL Common Stock in a sentence

  • A principal purpose of the Plan, including (i) Reorganized SNTL's issuance of the New SNTL Common Stock to the SNTL Acquiror, (ii) Reorganized SNTL's issuance of the EON, (iii) the establishment of the Litigation Trust, and (iv) the subsequent conversion of Reorganized SNTL into a limited liability company, is not the avoidance or evasion of federal income tax within the meaning of Section 269 of the IRC and the Treasury Regulations under the IRC.

  • On the Effective Date, the Holder of the Allowed Class 4 Claim shall receive in full satisfaction thereof the New SNTL Common Stock and the Litigation Trust Series C-2 Certificate in the Allowed amount of such Claim.

  • Immediately after the New SNTL Common Stock and the EON are issued by Reorganized SNTL, and pursuant to the Plan, the SNTL Acquiror will cause Reorganized SNTL to adopt a plan to convert into a limited liability company, with the SNTL Acquiror as its sole member; SNTL shall then convert into a limited liability company, and JPMC shall assume SNTL's obligations with respect to the EON pursuant to the JPMC Assumption Agreement.

  • Swap Counterparty(ies): The Swap Counterparty in respect of the SwapAgreement (the " Swap Counterparty") shall initially be:Société Générale29 boulevard Haussmann75009 Paris France(the "Original Swap Counterparty").The Swap Agreement contains provisions whereby such swap may, in certain circumstances and provided that certain conditions are met be terminated and replaced by a new swap with a substitute swap counterparty.

  • Pursuant to the Plan, all existing stock of SNTL will be exchanged for the assets to be transferred to the Litigation Trust, and all of the New SNTL Common Stock will be issued to Chase in satisfaction of the Chase Unsecured Claim.

  • On the Effective Date, Chase will receive on account of the Chase Unsecured Claim, one share of common stock in Reorganized SNTL, constituting all of the issued and outstanding equity interests in Reorganized SNTL (the "New SNTL Common Stock"), and the Litigation Trust Series Class A-2 Certificate in respect of the remainder of its Claim.

  • Specifically, the SNTL Acquiror (The Chase Manhattan Bank) is an existing creditor of SNTL that, pursuant to the Plan, will acquire in satisfaction of its Claim against the Debtors all of the Common Stock of Reorganized SNTL (the "New SNTL Common Stock"), as well as a Litigation Trust Certificate.

  • On the Effective Date, the Holder of an Allowed Class 4 Claim shall receive in full satisfaction of the Chase Claim the New SNTL Common Stock and a Litigation Trust Class A-2 Certificate in the Allowed amount of the Chase Claim.

  • Establishing effective coordination and domain awareness is just the first step in building a comprehensive national strategy to mitigate deceptive messaging in the United States.

  • Specifically, the SNTL Acquiror (Chase) is an existing creditor of SNTL that, pursuant to the Plan, will acquire in satisfaction of its Claim against the Debtors all of the Common Stock of Reorganized SNTL (the "New SNTL Common Stock"), as well as a Litigation Trust Certificate.

Related to New SNTL Common Stock

  • 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.

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

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

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

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

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

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

  • 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.

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

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

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

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

  • 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.

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

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion, or exchange of all then outstanding Common Stock Equivalents.

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

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

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

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

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

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

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

  • Additional Common Shares means all common stock (including reissued shares) issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors, or consultants to the Company.

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

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