Examples of Dynegy Common Stock in a sentence
The issuance of the Reorganized Dynegy Common Stock and the Warrants under the Plan and the distribution thereof shall be exempt from registration under applicable securities laws pursuant to section 1145(a) of the Bankruptcy Code.
On the Effective Date, Reorganized Dynegy shall issue the Reorganized Dynegy Common Stock required to be issued in accordance with the Plan and all related instruments, certificates and other documents required to be issued or distributed pursuant to the Plan without the necessity of any further act or action under applicable law, regulation, order or rule.
The Plan provides adequate means for implementation of the Plan through, among other things, and pursuant to the terms and conditions stated therein, the Merger of DH with and into DI with DI as the Surviving Entity, the issuance of the Reorganized Dynegy Common Stock and Warrants under the Plan, and the vesting of all of the Surviving Entity’s assets in Reorganized Dynegy.
Neither Dynegy, Enron nor their respective Subsidiaries shall take actions, cause actions to be taken or fail to take actions, as a result of which the Mergers would not qualify as transfers of Enron Common Stock and Dynegy Common Stock to Newco in a transaction qualifying under Section 351 of the Code.
If the certificates for the Dynegy Common Stock are registered in different forms of the name of any person signing this Form of Election (e.g., "John Smith" on one certificate and "J.
As of November 6, 2001, there were (i) 238,956,530 outstanding shares of Dynegy Class A Common Stock and 86,599,914 outstanding shares of Dynegy Class B Common Stock, (ii) 27,211,749 shares of Dynegy Common Stock reserved for issuance upon exercise of outstanding Dynegy Options, and (iii) no outstanding shares of Dynegy Preferred Stock.
To the extent that BG and NOVA would otherwise receive less than 75% cash in exchange for shares of Dynegy Common Stock, Chevron USA has agreed to increase its investment, up to a maximum of $240 million.
Pursuant to an amendment to New Dynegy's Articles of Incorporation (which has been filed with the State of Illinois) and a related shareholder agreement among Dynegy, New Dynegy, Illinova, and Chevron USA dated June 14, 1999 (the "Shareholder Agreement"), so long as Chevron USA owns at least 15% of New Dynegy Common Stock, Chevron USA shall be entitled to vote for the election of three of the fourteen members of the New Dynegy Board of Directors as Chevron USA's representatives (the "Chevron Directors").
All such issued and outstanding shares of Dynegy Common Stock are duly authorized, validly issued, fully paid, nonassessable and free of preemptive rights, other than the rights of Chevron U.S.A. Inc.
At May 12, 1999, 152,864,662 shares of Dynegy Common Stock were issued and outstanding.