New UPC Common Stock definition

New UPC Common Stock means the shares of common stock of New UPC, par value $0.01 per share, some of which will be issued pursuant to the Plan, having the terms set forth in the certificate of incorporation or other organizational documents of New UPC.
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New UPC Common Stock. As defined under "Background" on the first page of this Agreement.
Sample 1
New UPC Common Stock means the 10,000,000 shares of UPC common stock which shall be authorized for issuance under the New UPC Charter; 5,000,000 of which shares shall be issued and outstanding on the Effective Date pursuant the transactions to occur thereon under the Plan and the Merger Agreement.
Sample 1

Examples of New UPC Common Stock in a sentence

  • Each Holder of an Allowed Class 5 Claim that is not a UPC Notes Claim shall receive a number of shares of New UPC Common Stock so that the number of shares per amount of Allowed Claim received by such Holder is the same as the number of shares per amount of Allowed Claim that the Holders of Allowed UPC Notes Claims receive.

  • The Agreed Restructuring Process Under the Restructuring Agreement, the Company, New UPC, UGC (and certain other members of the UGC Group) and the Participating Noteholders agreed that (i) the Belmarken Notes, (ii) the UPC Notes, (iii) the UPC Preference Shares A, (iv) the UPC Priority Shares, (v) the UPC Ordinary Shares A and (vi) the claims of other unsecured creditors of the Company would be exchanged for shares of New UPC Common Stock on the terms set forth in the Restructuring Agreement.

  • In the aggregate, the Holders of all Allowed UPC Notes Claims shall receive 25,146,821 shares of New UPC Common Stock, and each Holder of an Allowed UPC Notes Claim shall receive the number of shares of New UPC Common Stock equal to such Holder's pro rata portion of those shares of New UPC Common Stock.

  • The number of shares of New UPC Common Stock to be distributed on account of Allowed Class 5 Claims that are not UPC Notes Claims shall be in addition to the 25,146,821 shares of New UPC Common Stock to be distributed on account of the Allowed UPC Notes Claims.

  • Estimated Recovery: 20.6% 133/8% Senior Discount Notes due 2009 (United States Dollar) US$371,663,598.93 A Holder of 133/8% Senior Discount Notes due 2009 will receive 4.18810 shares of New UPC Common Stock per US$1,000 of principal amount (at stated maturity) of 133/8% Senior Discount Notes due 2009 held by such Holder.

  • Estimated Recovery: 20.6% 111/4% Senior Notes due 2010 (United States Dollar) US$658,378,082.21 A Holder of 111/4% Senior Notes due 2010 will receive 6.21236 shares of New UPC Common Stock per US$1,000 of principal amount of 111/4% Senior Notes due 2010 held by such Holder.

  • Estimated Recovery: 20.6% 111/4% Senior Notes due 2009 (United States Dollar) US$269,862,290.19 A Holder of 111/4% Senior Notes due 2009 will receive 6.04406 shares of New UPC Common Stock per US$1,000 of principal amount of 111/4% Senior Notes due 2009 held by such Holder.

  • Estimated Recovery: 97.8% Class 5—UPC Notes Claims and General Unsecured Claims (see below for estimated amount of UPC Notes Claims and General Unsecured Claims) Under the Plan, on or as soon as practicable after the Effective Date, each Holder of an Allowed Class 5 Claim shall receive in consideration for its Claim, a number of shares of New UPC Common Stock.

  • Estimated Recovery: 20.6% 121/2% Senior Discount Notes due 2009 (United States Dollar) US$600,919,401.12 A Holder of 121/2% Senior Discount Notes due 2009 will receive 4.38533 shares of New UPC Common Stock per US$1,000 of principal amount (at stated maturity) of 121/2% Senior Discount Notes due 2009 held by such Holder.

  • The receipt of such shares of New UPC Common Stock by the Holders of the Class 5 Claims shall constitute a full satisfaction, settlement, release and discharge of such Class 5 Claims.

Related to New UPC Common Stock

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Amalco Common Shares means common shares in the capital of Amalco;

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Common Stock means the common stock of the Company.

  • Fully-Diluted Common Stock means the aggregate of all outstanding Common Stock as of the date hereof, plus all shares of Common Stock issuable upon the exercise or conversion of securities exercisable for, or convertible into, shares of Common Stock of the Company which securities are outstanding or issuable as of the date hereof.

  • Class A Common Stock means the Class A common stock, par value $0.01 per share, of the Company.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

  • Common Stock Price means the volume weighted average closing price of the Common Stock as reported by the NYSE American for the 10 trading days immediately preceding the date on which the determination is made.

  • Common Shares means the common shares in the capital of the Corporation;

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Buyer Common Stock means the common stock, par value $0.01 per share, of Buyer.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Acquiror Common Stock means the common stock, par value $0.001 per share, of Acquiror.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.