Plan Securities definition
Examples of Plan Securities in a sentence
Shares acquired applicable to this Unrestricted Stock Award are subject to the terms and conditions of the 2021 Plan (Securities Law and Other Regulatory Compliance).
In such case, any Cash, Plan Securities, or other property reserved for distribution on account of such Claim shall become the property of the Reorganized Debtors free and clear of any Claims or other rights of such Holder with respect thereto and notwithstanding any federal or state escheat laws to the contrary.
Shares of Common Stock acquired applicable to this Unrestricted Stock Award are subject to the terms and conditions of the 2019 Plan (Securities Law and Other Regulatory Compliance).
The issuance of and the distribution under the Plan of the Plan Securities shall be exempt from registration under the Securities Act and any other applicable securities laws pursuant to section 1145 of the Bankruptcy Code, to the maximum extent permitted thereunder.
Assuming the accuracy of the representations made by the Backstop Parties in Article V, the offer, issuance, sale and/or distribution (as applicable) of Plan Securities will be made in reliance on and in compliance with exemptions from registration under the Securities Act, including, without limitation, Section 4(a)(2) and Regulation S under the Securities Act.