Examples of New Warrant Agent in a sentence
New Warrant Agent shall be as designated by the Debtor, with the consent of the Bondholder Committee, at the Confirmation Hearing and shall have the meaning set forth in the Confirmation Order.
New Warrant Agreement means the Warrant Agreement between Reorganized TransTexas, as issuer, and the New Warrant Agent, as agent, which agreement relates to the New Warrants, substantially in the form as Filed on or prior to the Confirmation Date.
Upon thirty (30) days' notice to the Holder, the Company may appoint a new warrant agent (the "New Warrant Agent").
Any New Warrant Agent, whether appointed by the Company or by such a court, shall be a bank or trust company having a capital and surplus, as shown by its last published report to its stockholders, of not less that $10,000,000, or shall be a stock transfer company.
Upon comparable notice to the Warrant Agent, the Company may remove the Warrant Agent; provided, however, that in such event the Company shall appoint a new warrant agent (the "New Warrant Agent"), as hereinafter provided, the removal of the Warrant Agent shall not be effective until a New Warrant Agent has been appointed and has accepted such appointment.
From time to time, Reorganized TransTexas and the New Warrant Agent, without the consent of the holders of the New Warrants, may amend or supplement the New Warrant Agreement for certain purposes, including, without limitation, curing defects or inconsistencies or making any change that does not materially adversely affect the rights of any holder.
The New Warrant Agent may deem and treat the registered holder(s) of New Class A Warrants as the absolute owner(s) of a warrant certificate (notwithstanding any notation of ownership or other writing thereon), for the purpose of any exercise thereof, of any distribution to the holder(s) thereof or for any other purpose, and neither the New Warrant Agent nor Reorganized THCR shall be affected by any notice to the contrary.
Any New Warrant Agent appointed hereunder shall execute, acknowledge and deliver to the former Warrant Agent last in office, and to the Company, an instrument accepting such appointment under substantially the same terms and conditions as are contained herein.
Upon due presentation for registration of transfer of a warrant certificate at the office of the New Warrant Agent, a new warrant certificate or certificates shall be issued to the transferee(s) in exchange for such certificate(s), subject to the limitations provided in the New Class A Warrants, without charge except for any tax or governmental charge imposed in connection therewith.
The motion was approved as presented.A motion was made by Commissioner Baughman and seconded by Commissioner Dallara to approve Steven B.