Examples of New Capital Stock in a sentence
On the Effective Date, each Holder of an Allowed DIP Claim in full and complete settlement, release, and discharge of such Claim, shall receive its Pro Rata Share of 100% of the New Capital Stock, subject to dilution by the Management Incentive Plan adopted by the New Board.
Savvis hereby grants to each Eligible Investor a right (the "Preemptive Right") to purchase all or any part of its Pro Rata Share of any amount of New Capital Stock that Savvis may, from time to time, propose to sell and issue.
In the event Savvis has not sold all offered New Capital Stock within such 90 day period (or sold and issued New Capital Stock in accordance with the foregoing within 45 days from the date of such agreement) Savvis shall not thereafter issue or sell any New Capital Stock, without first offering a portion of such New Capital Stock to the Eligible Investors in the manner provided above in this Section 7.
In the event that Savvis proposes to undertake an issuance of New Capital Stock, it shall give each Eligible Investor written notice (the "Preemptive Right Notice") of its intention, describing the type of New Capital Stock, the price, and the material terms and conditions upon which Savvis proposes to issue the same to any Person.
Such Eligible Investor shall have 20 business days after issuance of the Preemptive Right Notice to agree to purchase all or any portion of its Pro Rata Share of such amount of New Capital Stock at the price and upon the terms specified in the notice (which terms shall be no less favorable than those offered to any third party purchaser) by giving written notice to Savvis and stating therein the quantity of New Capital Stock to be purchased.
Securities Contemplated by the Plan New Capital Stock Pursuant to that certain investment agreement between DBSD and DISH (the "Investment Agreement"), the shares to be issued to DISH, when issued and delivered, will have been duly and validly authorized and will be duly and validly issued and delivered.
Any economic or business entity within a cluster develops nature conditions and things which gradually become production resources and factors.
On the Effective Date, each Holder of an Allowed DIP Claim in full and complete settlement, release, and discharge of such Claim, shall receive its Pro Rata Share of 100% of the New Capital Stock, subject to dilution by the Management Incentive Plan on such terms and conditions acceptable to the New Board.
Such members of the Board of Directors shall take office immediately following the issuance of the shares of New Capital Stock pursuant to Sections 9.08(a) and 9.09 of the Plan and shall hold office until the annual meeting of stockholders in 2011.
The treasurer shall keep accurate accounts of receipts and disbursements, shall report to each meeting of the Representative Council, and shall prepare an annual financial statement for publication to members as directed by the president.