Xxxxxx Heirs Obligations. (a) In the event holders of Xxxxxx Heirs Obligations receive shares of New Common Stock on account of such Xxxxxx Heirs Obligations in the Plan, the number of shares of New Common Stock otherwise available for distribution on the Effective Date under the Plan in the Equity Exchange shall be reduced by the number of shares of New Common Stock issued or issuable to such holders of Xxxxxx Heirs Obligations. (b) In the event holders of Xxxxxx Heirs Obligations receive shares of GGO Common Stock on account of such Xxxxxx Heirs Obligations in the Plan, the number of shares of GGO Common Stock otherwise available for distribution on the Effective Date under the Plan in the GGO Share Distribution shall be reduced by the number of shares of GGO Common Stock issued or issuable to such holders of Xxxxxx Heirs Obligations.
Appears in 4 contracts
Samples: Investment Agreement, Cornerstone Investment Agreement, Cornerstone Investment Agreement (General Growth Properties Inc)
