New Warren Common Stock definition

New Warren Common Stock means all of the new common equity authorized by the Plan to be issued by Reorganized Warren on the Effective Date, the terms of which shall be consistent with the term sheet attached hereto as Exhibit A (subject to change in the event Reorganized Warren is not a corporation) and shall otherwise be in form and substance reasonably acceptable to the Debtors, the Plan Sponsor, Claren Road and the Required Consenting Senior Noteholders.
Sample 1

Examples of New Warren Common Stock in a sentence

  • All of the shares of New Warren Common Stock issued pursuant to the Plan shall be uncertificated and shall be duly authorized, validly issued, fully paid, and non-assessable.

  • The remaining two-thirds of the Management Stock Pool (i.e., 4.00% of the New Warren Common Stock outstanding as of the Effective Date) shall be issued over a three year-period following the Effective Date.

  • DTC may accept and conclusively rely upon the Plan and Confirmation Order in lieu of a legal opinion regarding whether the New Warren Common Stock are exempt from registration and/or eligible for DTC book-entry delivery, settlement, and depository services.

  • Equity interests granted under the Management Incentive Plan shall dilute the New Warren Common Stock issued on the Effective Date on a Pro Rata basis.

  • On or before the Distribution Date, Reorganized Warren shall issue the New Warren Common Stock for Distribution pursuant to the provisions hereof.

  • The Plan Sponsor, in consultation with the Debtors or the Reorganized Debtors (as applicable), Claren Road, and the Required Consenting Senior Noteholders, will determine whether, on and after the Effective Date, Reorganized Warren will continue to file reports with the SEC and, if the Plan Sponsor elects to so continue, whether the New Warren Common Stock may be eligible for listing on a U.S. national securities exchange (i.e., Nasdaq or NYSE).

  • The issuance of the New Warren Common Stock, including Management Stock reserved for the Management Incentive Plan, and the New Warrants (including the New Warren Common Stock issued upon exercise of the New Warrants in accordance with the New Warrant Agreement) by Reorganized Warren, is authorized without the need for any further corporate action or without any further action by the Holders of Claims or Equity Interests.

  • The management of the Joint Simulation System and the adequacy of its management control program will be discussed in a subsequent report.Results.

  • On the Effective Date, except to the extent that a Holder of a Class 1 Claim agrees to a less favorable treatment, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each First Lien Secured Claim against Warren and each of the First Lien Facility Guarantors, each such Holder shall receive its respective Pro Rata share of: (A) the New First Lien Facility; and (B) 82.5% of the New Warren Common Stock (subject to dilution by the Management Incentive Plan).

  • The Reorganized Debtors will use commercially reasonable effort to arrange for one or more nationally known registered broker-dealer firms to act as market makers with respect to the New Warren Common Stock; provided that the foregoing shall not under any circumstances require the Debtors to file any reports, or register as a public company, with the SEC.

Related to New Warren 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 common shares in the capital of Amalco;

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

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

  • 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.

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

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

  • Common Stock means the common stock of the Company.

  • 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.

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

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

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

  • Class A Common Stock means the Class A 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.

  • 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.

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

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

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

  • Class B Common Shares means (x) the Company’s Class B Common shares, $0.002 par value per share, the terms of which may be designated by the board of directors of the Company in a certificate of designations and (y) any share capital into which such preferred shares shall have been changed or any share capital resulting from a reclassification of such preferred shares (other than a conversion of such preferred shares into Common Shares in accordance with the terms of such certificate of designations).

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

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

  • Substitute Common Stock means the common stock issued by the issuer of the Substitute Option upon exercise of the Substitute Option.

  • Company Common Shares means the common shares in the capital of the Company.