Examples of Reorganized VNR in a sentence
On the Effective Date, the Consenting Second Lien Noteholders will purchase the Second Lien Investment Equity from Reorganized VNR Finance, in accordance with the terms and conditions of the Second Lien Investment Agreement.
Reorganized VNR Finance shall be authorized to issue the New Warrants to certain Holders of Equity Interests pursuant to Article III.B. Each New Warrant will, subject to the antidilution adjustments described below and in the Warrant Agreement, be exercisable for one share of New Common Stock.
All of the distributions contemplated under the Plan will be made by Reorganized VNR Finance and Reorganized VNR as the Disbursing Agent, or such other Person as may be designated by the Reorganized Debtors as Disbursing Agent.
Reorganized VNR Finance shall be authorized to issue the New Common Stock to certain Holders of Claims or Equity Interests pursuant to Article III.B. Reorganized VNR Finance shall issue all securities, instruments, certificates, and other documents required to be issued by it with respect to all such shares of New Common Stock.
Upon exercise of the Rights by the Rights Offering Participants pursuant to the terms of the Backstop Agreement and the applicable Rights Offering Procedures, Reorganized VNR Finance shall be authorized to issue the New Common Stock issuable pursuant to such exercise in accordance with Article IV.C.5. 5.
Upon exercise of the Rights by the Rights Offering Participants pursuant to the terms of the Backstop Agreement and the applicable Rights Offering Procedures, Reorganized VNR Finance shall be authorized to issue the New Common Stock issuable pursuant to such exercise in accordance with Article IV.C.5.
The 1145 Rights Offering is being conducted by the Company on behalf of Reorganized VNR in good faith and in compliance with the Bankruptcy Code.
Upon exercise of the GUC Rights by the GUC Rights Offering Participants pursuant to the terms of the GUC Rights Offering Procedures, Reorganized VNR Finance shall be authorized to issue the New Common Stock issuable pursuant to such exercise in accordance in accordance with Article IV.C.6.
Any distributions made on account of the New Common Stock or New Preferred Stock will constitute dividends for U.S. federal income tax purposes to the extent of the current or accumulated earnings and profits of Reorganized VNR as determined under U.S. federal income tax principles.
All Executory Contracts and Unexpired Leases that are assumed by VNR shall be deemed to be assigned to Reorganized VNR Finance.