Existing Common Stock Interest definition
Examples of Existing Common Stock Interest in a sentence
The CPR Administrator shall have no obligation to attempt to locate any holder of an Allowed Existing Common Stock Interest (or its Permitted Transferee, as defined in the CPR Agreement) other than by reviewing the Rights Registry (as defined in the CPR Agreement).
To the extent a Disputed Existing Common Stock Interest becomes Disallowed in whole or in part, any Distribution Rights or CPR Distributions reserved on account of such Disallowed Interest shall become the sole and exclusive property of the Reorganized Debtors, to the extent of such Disallowance.
Pursuant and subject to the terms of the CPR Agreement, each holder of an Existing Common Stock Interest that does not object to confirmation of the Plan shall receive a CPR Administrator Rights Notice setting forth such holder’s Distribution Rights and entitlement to CPR Distributions in an amount equal to its Pro Rata Percentage of the CPR Distributions.
Except for the purpose of evidencing a right to distribution under this Plan, or with respect to an Existing Common Stock Interest other than the Existing Common Stock, and except as otherwise set forth herein, on the Effective Date all agreements, instruments, and other documents evidencing any Claim or any Existing Common Stock Interest, other than an Interest in a Subsidiary of JRC, and any rights of any holder in respect thereof, shall be deemed cancelled, discharged and of no force or effect.
Except for the purpose of evidencing a right to distribution under the Plan, and except as otherwise set forth therein, on the Effective Date all agreements, instruments, and other documents evidencing any Claim or any Existing Common Stock Interest, other than Intercompany Interests, and any rights of any holder in respect thereof, shall be deemed cancelled, discharged and of no force or effect.
In the event that any Right Holder fails to surrender to the CPR Administrator certificates or other instruments evidencing Cancelled Common Stock pursuant to this Section 3(d), the Cancelled Common Stock evidenced by such certificates or other instruments held by such Right Holder shall be deemed a Disputed Existing Common Stock Interest and shall be subject to the terms set forth in Section 5 hereof.
In addition to the NCI isosurface, the 2D NCI scatter plot is displayed in Fig.
However, if Stockholder Y’s Disputed Existing Common Stock Interest is ultimately disallowed, his reserved CPR Distributions and his pro rata share of Stockholder Z’s forfeited CPR Distributions reserved on his behalf ($495,000) will be returned to Reorganized Ampex.
Except for the purpose of evidencing a right to distribution under this Plan, and except as otherwise set forth herein, on the Effective Date all agreements, instruments, and other documents evidencing any Claim or any Existing Common Stock Interest, other than Intercompany Interests, and any rights of any holder in respect thereof, shall be deemed cancelled, discharged and of no force or effect.
Class 7 is Impaired under the Plan and, consequently, each holder of an Allowed Existing Common Stock Interest is entitled to vote to accept or reject the Plan.