Examples of Reorganized KV in a sentence
Fractional shares of New Common Stock that are not distributed in accordance with this Section 8.10 shall be returned to Reorganized KV.
Interest is credited to the CIES with the amount receivable for the year defined in the loan agreement.
On the Effective Date, the board of directors of Reorganized KV will be required to implement the Management Incentive Plan.
On or prior to the date any Advance is made, including the Initial Borrowing Date, (i) the Credit Documents, including the Note, shall have been executed, (ii) and there shall have been delivered to the Lender all Credit Documents not otherwise described in this Section 5 by the Persons required to execute such Credit Documents.
Subject to any transfer restrictions contained in the Certificate of Incorporation of Reorganized KV and/or the New Stockholders Agreement, the New Common Stock issued on account of the Convertible Subordinated Notes Equity Distribution may be resold by the holders thereof without restriction, except to the extent that any such holder is deemed to be an “underwriter” as defined in section 1145(b)(1) of the Bankruptcy Code.
It was felt that this could be achieved in the following ways: • Highlight specific issues, trends within the decision making process; • Add value to the existing quality control mechanisms which CPSWY had initiated in respect of race related cases e.g. • The creation of the role of Race Champions; • Ensure that decisions to reduce charges in cases with a race dimension are agreed by a senior reviewing Lawyer.
On the Effective Date, Reorganized KV is authorized to issue or cause to be issued the New Common Stock for distribution in accordance with the terms of this Plan and the Amended Certificate of Incorporation of Reorganized KV, without the need for any further corporate or shareholder action.
On the Effective Date, the board of directors of Reorganized KV will be required to adopt the Management Incentive Plan.
The New Stockholders Agreement shall be binding on all parties receiving, and all holders of, New Common Stock of Reorganized KV regardless of whether such parties execute the New Stockholders Agreement.
Reorganized KV has no current plans to register any of its securities (including the New Common Stock) under the Securities Act or under equivalent state securities laws such that the recipients of the New Common Stock would be able to resell their securities pursuant to an effective registration statement.