Examples of Existing Stock Record Date in a sentence
All Interests shall be canceled and holders of Interests shall receive no distributions under the Plan on account of such Interests; provided, however, that holders of Existing Stock as of the Existing Stock Record Date may participate in the Existing Stock Settlement, if eligible, on the terms and conditions described in Section 5.3 of the Plan.
On the Effective Date, the Liquidating Trust Assets shall automatically vest in the Liquidating Trust for the benefit of holders of Existing Stock as of the Existing Stock Record Date that satisfy the Existing Stock Settlement Conditions, and such transfer shall be exempt from any stamp, real estate transfer, mortgage reporting, sales, use or other similar tax.
As noted above, the holders of Existing Stock as of the Modified Existing Stock Record Date are eligible to participate in the Modified Existing Stock Settlement, provided that they satisfy ALL of the Existing Stock Settlement Conditions.
Every holder of Existing Stock as of the Existing Stock Record Date is given the same opportunity to participate in the settlement—whether an individual holder chooses to participate is its own decision.
Notice”); and upon the Notice of Existing Stock Record Date in Connection with the Second Amended Joint Chapter 11 Plan of Reorganization of VIVUS, Inc.
The literature on disclosure, offers a variety of potential proxies that purport to measure disclosure.
January 5, 2021 at 5:00 p.m. (Eastern Time) is the deadline by which holders of Existing Stock as of the Existing Stock Record Date must opt out of the releases set forth in section 10.7(b) of the Plan by completing and timely returning an Opt-Out Notice in accordance with the instructions set forth in the Opt- Out Notice.
If you receive an Opt-Out Notice, and are a holder of Interests (including, without limitation, common stock) as of the Existing Stock Record Date, but do not submit the Opt-Out Notice by January 19, 2021 at 5:00 P.M. (EST) (the “Opt-Out Notice Submission Deadline”) you will have granted the Third Party Releases set forth in Section 10.7(b) of the Plan and will be eligible to participate in the Existing Stock Settlement so long as you satisfy the Existing Stock Settlement Conditions.
On the Effective Date, the Liquidating Trust Assets shall automatically vest inthe Liquidating Trust for the benefit of holders of Existing Stock as of the Existing Stock Record Date that satisfy the Existing Stock Settlement Conditions, and such transfer shall be exempt from any stamp, real estate transfer, mortgage reporting, sales, use or other similar tax.