Existing Common Stock Interest definition

Existing Common Stock Interest means shares of outstanding common stock of Ampex Corporation.
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Existing Common Stock Interest means, either (a) a share of Existing Common Stock, or (b) an Other Existing Interest.
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Existing Common Stock Interest means any rights or interests with respect to, on account of or arising from any equity or similar interests in the Debtor represented by the Existing Common Stock, including, without limitation, any and all Claims (i) for damages arising from the rescission of the purchase or sale of the Existing Common Stock or (ii) for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of such Claim, which Claims are subordinated pursuant to sections 510(b) and (c) of the Bankruptcy Code.
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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.

  • Except for the purpose of evidencing a right to distribution under this Plan, and except as otherwise set forth herein, including in Section 12.3 of this Plan, 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.

  • With respect to subsequent CPR Distributions (CPR Distributions that occur after the date all or a portion of the Disputed Existing Common Stock Interest of Stockholder Y is disallowed), the total CPR Distributions made by Reorganized Ampex will be reduced by that portion of Stockholder Y’s Disputed Existing Common Stock Interests that became permanently disallowed.

  • The $990,000 forfeited by Stockholder Z will be distributed to (i) the other Right Holders (in our example, Stockholder W is the only other Right Holder) and (ii) the CPR Reserve Account on account of Stockholder Y who holds Disputed Existing Common Stock Interest that can become Allowed Existing Common Stock Interest, in each case, on a pro rata basis.

  • Except for the purpose of evidencing a right to distribution under this Plan, andexcept as otherwise set forth herein, including in Section 12.3 of this Plan, 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.

  • 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.

Related to Existing Common Stock Interest

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

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

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • 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.

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

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

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

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

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

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

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

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

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

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

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

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

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

  • 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.

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

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Company Units has the meaning set forth in the Recitals.

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

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.