Recapitalization Plan definition

Recapitalization Plan shall have the meaning set forth in Section 2.2(c) hereto.

Recapitalization Plan means a Plan implementing the Recapitalization.

Recapitalization Plan means the process and procedure by which any deficit in the capital of the Bank is restored to the amount stated insection 7;

Examples of Recapitalization Plan in a sentence

• Maker acknowledges that the financing contemplated by this Note is part of an integrated Recapitalization Plan, as set forth in the Recapitalization Agreement and the Related Recapitalization Documents.

• Maker acknowledges and agrees that the funding provided by Holder pursuant to this Note is only being provided as part of an integrated Recapitalization Plan, as set forth in the Recapitalization Agreement.

• Maker has, or before the first closing of the Anticipated Equity Financing hereunder will have, authorized the issuance and sale of a sufficient number of shares of Convertible Preferred Stock, par value $0.001 per share, and Common Stock of the Maker to fully implement the Recapitalization Plan, while maintaining such additional authorized but unissued shares as reasonably determined by Holder to be appropriate.

• Maker has authorized the issuance and sale of a sufficient number of shares of Convertible Preferred Stock, par value $0.001 per share, and Common Stock of the Maker to fully implement the Recapitalization Plan, while maintaining such additional authorized but unissued shares as reasonably determined by Holder to be appropriate.

• The Company acknowledges that the financing contemplated by this Agreement is part of an integrated Recapitalization Plan, as set forth in this Agreement and the Related Recapitalization Documents.

More Definitions of Recapitalization Plan

Recapitalization Plan means the transaction under which Sundog Technologies, Inc. was issued 550,000 shares of Series A Preferred Stock, subsequently transferred to Envision and split on a 6 for 1 basis.

Recapitalization Plan means a plan submitted to the Company by Seafield for the recapitalization of the Company's Capital Stock which (i) provides (A) that the Capital Stock of the Company owned by Seafield immediately after consummation of the recapitalization which was derived from Capital Stock of the Company which immediately before consummation of the recapitalization had been owned by Seafield for at least 5 years would constitute Capital Stock possessing at least 80% of the total combined voting power of all classes of Capital Stock of the Company entitled to vote and (B) that the Company will not have authorized or outstanding any shares of a class of Capital Stock which are not Voting Stock, and (ii) makes no changes in the capital structure of the Company except as necessary to accomplish the foregoing. For purposes of this definition, "Capital Stock" shall have the same meaning as the term "stock" in Section 368(c) of the Internal Revenue Code of 1986, as amended (the "Code") and percentages of voting power shall be determined in a manner consistent with the requirements of Section 355 of the Code.

Recapitalization Plan means a recapitalization plan, specifying the specific steps to be taken to implement a recapitalization of the Borrower and the specific dates by which such steps must be completed, in the form of Schedule V.

Recapitalization Plan used herein mean the plan of arrangement attached as Appendix D to the Information Circular;

Recapitalization Plan means the plan of arrangement filed by Allstate on October 5, 2000 with the Delaware Court of Chancery, setting forth the proposal conversion of the Allstate Notes and the agreements between Allstate and the holders of the Allstate Notes, which was approved by the court on October 6, 2000, with the approval order amended on October 11, 2000.

Recapitalization Plan means the Company’s out-of-court restructuring consisting, in part, of (i) the Exchange Offer, (ii) the Reverse Stock Split, and (iii) the issuance of the Restructuring Warrants.

Recapitalization Plan has the meaning set forth in Section 2.2(a)(xiii).