Examples of Euroco Preferred Stock in a sentence
Euroco will enter into the Euroco Registration Rights Agreement governing the registration of shares of Euroco Common Stock and Euroco Preferred Stock in the form of Exhibit L to this Plan.
As of the Effective Date, the authorization by Euroco of (a) 60 million shares of Euroco Common Stock, (b) one million shares of Euroco Preferred Stock, and (c) the Euroco Management Incentive Options is hereby authorized without further act or action under applicable law, regulation, order, or rule.
The New Securities authorized pursuant to Article IV.C.2.b.i hereof shall be issued by Euroco pursuant to this Plan without further act or action under applicable law, regulation, order, or rule; provided, however, that notwithstanding any provision to the contrary contained in this Plan, the Euroco Common Stock and Euroco Preferred Stock shall be issued prior to the exchange of NTL Delaware's Subsidiary Common Stock Interests in NTL CC.
On, or as soon as reasonably practicable after, the Distribution Date, each holder of an Allowed Class 7 NTL CC Senior Notes Claim shall receive, in full satisfaction, settlement, release, and discharge of and in exchange for such Allowed Class 7 NTL CC Senior Notes Claim, its Pro Rata share of (i) 165,504,192 shares of New NTL Common Stock, (ii) 3,790 shares of Euroco Preferred Stock, (iii) 0.725% of the Delaware Cash Amount, (iv) 5.012% of the NTL Cash Amount, and (v) the Class 7 Euroco Value.
No fractional shares of New NTL Common Stock, Euroco Common Stock, or Euroco Preferred Stock, and no fractional Series A Warrants or Rights (collectively, the "Distributable Securities"), shall be issued or distributed under this Plan or by New NTL, Euroco, or any Disbursing Agent, Indenture Trustee, agent, or servicer.
Subordinated Notes Claim, its Pro Rata share of (i) 1,270,303 shares of New NTL Common Stock, (ii) 6,270,159 shares of Euroco Common Stock, (iii) 71,744 shares of Euroco Preferred Stock, (iv) 13.720% of the Delaware Cash Amount, (v) 94.887% of the NTL Cash Amount, and (vi) the Class 10 Noteholder Election Option; provided, however, that in the event that the holders of Class 10 NTL Inc.
The total number of shares of Euroco Preferred Stock set forth herein is based on an assumed Aggregate Liquidation Preference (see Annex B) of $375 million, and is subject to adjustment based on actual Aggregate Liquidation Preference.
No assurance can be given as to the market price of the Euroco Common Stock and Euroco Preferred Stock, if any, that will prevail following the Distribution Date.
Under the Plan, each holder of an Allowed Class 8 NTL CC Subordinated Notes Claim will receive, in full satisfaction, settlement, release, and discharge of and in exchange for such Allowed Class 8 NTL CC Subordinated Notes Claim, its Pro Rata share of (i) 3,292,516 shares of New NTL Common Stock, (ii) 6,615 shares of Euroco Common Stock, (iii) 76 shares of Euroco Preferred Stock, (iv) 0.014% of the Delaware Cash Amount, (v) 0.100% of the NTL Cash Amount, and (vi) the Class 8 Noteholder Election.
Certain payments, including New Securities and cash received in respect of Debt Securities and Equity Securities and distributions on New NTL Common Stock, Euroco Common Stock, or Euroco Preferred Stock are generally subject to information reporting by the payor (i.e., the Disbursing Agent) to the IRS.