Examples of Pillowtex in a sentence
Class 8 (Pillowtex Old Preferred Stock Interests): Interests in Pillowtex on account of the Old Preferred Stock of Pillowtex.
As of the Effective Date, the Constituent Documents of each Reorganized Pillowtex Subsidiary Debtor will be substantially in the forms of Exhibits IV.C.1.b.i and IV.C.1.b.ii, respectively.
Any cash not distributed pursuant to this Section VI.H.4 with respect to Claims in a Class other than Class 6 will be the property of Reorganized Pillowtex, free of any restrictions thereon, and any such cash held by a Third Party Disbursing Agent will be returned to Reorganized Pillowtex.
As of the Effective Date, the certificate of incorporation and the bylaws of Reorganized Pillowtex will be substantially in the forms of Exhibits IV.C.1.a.i and IV.C.1.a.ii, respectively.
Class 10 Interests (Pillowtex Subsidiary Debtors Old Common Stock Interests) are Unimpaired.
Reorganized Pillowtex will fund the Unsecured Claims Reserve with New Common Stock and New Warrants, as described in Section VI.D.1.
Class 9 Interests (Pillowtex Old Common Stock Interests) are Impaired.
After the Effective Date, Reorganized Pillowtex may amend its certificate of incorporation or bylaws as permitted by the General Corporation Law of the State of Delaware, subject to the terms and conditions of those documents.
The initial Constituent Documents of each Reorganized Pillowtex Subsidiary Debtor, among other things, will prohibit the issuance of nonvoting equity securities to the extent required by section 1123(a) of the Bankruptcy Code.
These payments will be made on terms agreed to with Reorganized Pillowtex and will not be deducted from distributions to be made pursuant to the Plan to holders of Allowed Claims (including any distributions of Cash Investment Yield) receiving distributions from a Third Party Disbursing Agent.