Examples of Old Equity Warrants in a sentence
Any shares of New Visteon Common Stock that are the subject of the Rights Offering, subject to dilution by the Management Equity Incentive Program and, if applicable, the Guaranty Equity Amount and the Old Equity Warrants.
Those shares of New Visteon Common Stock issued and outstanding as of the Effective Date, including, if applicable, Rights Offering Shares, subject to dilution by the Management Equity Incentive Program and, if applicable, the Guaranty Equity Amount and the Old Equity Warrants.
In addition, the Old Equity Warrants also are estimated to be worth approximately $7.2 million based on Black-Scholes calculation.
Allowed Class J Interests are not entitled to receive a distribution and shall be deemed automatically cancelled under the Rights Offering Sub Plan, provided, however, if Class J votes to accept the Plan, each holder of an Allowed Class J Interest shall receive its Pro Rata portion of 2.0% of the Distributable Equity and Old Equity Warrants to purchase shares of New Visteon Common Stock at an exercise price of $58.80 per share.
The 4.9% or 5.0% of New Visteon Common Stock distributed to the Note Holders shall be subject to dilution from the Management Equity Incentive Program, and if applicable, the Old Equity Warrants and the 93.1% or 95.0% of New Visteon Common Stock offered through the Rights Offering shall be subject to dilution from the Guaranty Equity Amount and the Management Equity Incentive Program, and if applicable, the Old Equity Warrants.
The Old Equity Warrants issued as part of the Units would in the aggregate be exercisable for up to 54,968,816 shares of Common Stock of the Company, as of the Closing Date.
To the extent that any Plan Securities or Old Motient Equity Warrants may not be distributed until the determination of the allowance of Claims, Motient (or the Disbursing Agent) shall retain those Plan Securities and Motient Old Equity Warrants in escrow until such time as they may be distributed pursuant to the terms of this Plan.
The 4.9% or 5.0% of New Visteon Common Stock distributed to the Note Holders shall be subject to dilution from the Management Equity Incentive Program, and if applicable, the Old Equity Warrants and the 93.1% or 95.0% of New Visteon Common Stock offered through the Rights Offering shall be subject to dilution from the Guaranty Equity Amount and the Management Equity Incentive Program, and if applicable, the Old Equity Warrants.warrant agreement attached as Exhibit B to the Plan (the “Warrant Agreement”).
Allowed Class J Interests are not entitled to receive a distribution and would deemed automatically cancelled under the Rights Offering Sub Plan, provided, however, if Class J votes to accept the Plan, each holder of an Allowed Class J Interest shall receive its Pro Rata portion of 2.0% of the Distributable Equity and Old Equity Warrants to purchase shares of New Visteon Common Stock at an exercise price of $58.80 per share.
Notwithstanding any other provision of the Plan to the contrary, payments of fractions of shares of New Visteon Common Stock or Old Equity Warrants for fractions of shares of New Visteon Common Stock shall not be made and shall be deemed to be zero, and the Distribution Agent shall not be required to make distributions or payments of fractions of dollars.