Enron Common Stock definition

Enron Common Stock means the common stock, no par value, of Enron.
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Examples of Enron Common Stock in a sentence

  • On the later to occur of (a) the entry of a Final Order resolving all Claims in the Chapter 11 Cases and (b) the final distribution made to holders of Allowed Claims and Allowed Equity Interests in accordance with Article XXXII of the Plan, the Exchanged Enron Common Stock shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect.

  • On such date of execution, or as soon as practicable thereafter, including, without limitation, subject to appropriate or required governmental, agency or other consents, and in accordance with and pursuant to the terms of Section 27.4 of the Plan, the Debtors shall issue to the Common Equity Trust the Exchanged Enron Common Stock subject to the Common Equity Trust Agreement.

  • Without limiting the foregoing, the Common Equity Trust Agreement shall provide that, to the extent that the Common Equity Trust receives distributions of Plan Currency and Trust Interests under this Plan, it will redistribute such Plan Currency and Trust Interests to the holders to the Common Equity Trust Interests, but in no event will any holder of Common Equity Trust Interests receive a distribution of Exchanged Enron Common Stock.

  • Instead, following the Reincorporation Merger, certificates that prior to the First Effective Time represented shares of Enron Common Stock or Enron Preferred Stock shall be deemed for all purposes to represent an equal number of shares of Company Common Stock or Company Preferred Stock, as the case may be.

  • 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.

  • As a result of the [Dynegy] [Enron] Merger, I may receive (i) shares of Company Class A Common Stock in exchange for shares of [Dynegy Class A] [Enron] Common Stock [and/or (ii) shares of Company Class B Common Stock in exchange for shares of Dynegy Class B Common Stock] (or upon the exercise of options for such shares).

  • Dynegy has been informed by Enron that the shares of Enron Common Stock that may be issued pursuant to this Agreement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or under any state securities laws and are being offered and sold in reliance upon federal and state exemptions for transactions not involving any public offering.

  • Any amendment or change to the Merger Agreement that (i) changes the Merger Ratio, (ii) adds any cash or other consideration to be paid to holders of Enron Common Stock, (iii) changes the termination date of the Merger Agreement, or (iv) materially adversely affects the Shareholder, will nullify the effectiveness of this Agreement and this Agreement shall terminate immediately.

  • At any Closing, upon the satisfaction of the conditions set forth in Article VI, Dynegy shall deliver the certificates representing the shares of NNGC Preferred Stock to Enron, duly endorsed by the registered holder thereof either in blank or to Enron, and Enron shall issue to Dynegy, the shares of Enron Common Stock issuable pursuant to Section 2.3. The shares of Enron Common Stock to be issued shall be evidenced by certificates registered in the name of Dynegy.

  • As described in the Registration Statement, under certain circumstances the Reincorporation Merger will not be effected, in which case each outstanding share of Portland General Common Stock (other than shares held directly or indirectly by Enron, Enron Oregon or Portland General, which will be cancelled) will be converted into one share of Enron Common Stock (subject to adjustment in certain circumstances as described in the Registration Statement).

Related to Enron Common Stock

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

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

  • 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.

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

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

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

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

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

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock of the Company plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion or exchange of all then outstanding Common Stock Equivalents.

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

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

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

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

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

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

  • Founders’ Common Stock means all of the shares of Common Stock of the Company acquired by an Insider prior to the IPO for a price of approximately $0.005875 per share;

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

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

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

  • Restricted Common Stock means shares of Common Stock which are, or which upon their issuance on the exercise of this Warrant would be, evidenced by a certificate bearing the restrictive legend set forth in Section 9.1(a).

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

  • Common Stock Price means, with respect to the Company and each of the Peer Companies, as of a particular date, the average of the Fair Market Value over the 15 consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price of a share of common stock as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.