Examples of Term Loan Lender Shares in a sentence
As of the Closing there will be no shares of capital stock or other equity interests of the Reorganized Company issued, reserved for issuance or outstanding, other than the Shares, the Term Loan Lender Shares, shares of New Common Stock reserved for issuance upon conversion of the New Convertible Debt and exercise of the Warrants and shares of New Common Stock issued or to be issued or reserved for issuance under the Long Term Incentive Plan.
None of the Company, any Company Subsidiary, their Affiliates and their Representatives has issued, sold or offered any security of the Company to any person under circumstances that would cause the issuance of the Shares, the Term Loan Lender Shares, the New Convertible Debt or the Warrants to be subject to the registration requirements of the Securities Act.
Upon issuance, the Shares, the Term Loan Lender Shares, the New Convertible Debt and the Warrants will be fully paid and non-assessable and, other than as provided in the Stockholders’ Agreement, free of preemptive or similar rights.
None of the Company, any Company Subsidiary, their Affiliates and their Representatives will offer the Shares, the Term Loan Lender Shares, the New Convertible Debt or the Warrants or any part thereof or any similar securities for issuance or sale to, or solicit any offer to acquire any of the same from, anyone so as to make the issuance and sale of the Shares, the Term Loan Lender Shares, the New Convertible Debt or the Warrants subject to the registration requirements of the Securities Act.