Examples of New Arcapita Shares in a sentence
The issuance of the New Arcapita Shares, New Arcapita Creditor Warrants, and New Arcapita Creditor Warrants shall be exempt from the requirements of section 16(b) of the Securities Exchange Act of 1934 (pursuant to Rule 16b-3 promulgated thereunder) with respect to any acquisition of securities by an officer or director (or a director deputized for purposes thereof) as of the Effective Date.
The terms of the New Arcapita Shares and New Arcapita Warrants will be consistent with the Equity Term Sheet attached hereto as Exhibit D, and the definitive documents with respect to the New Arcapita Shares and New Arcapita Warrants will be filed in the Plan Supplement.
Each distribution and issuance of New Arcapita Shares and New Arcapita Warrants pursuant to the Plan will be governed by applicable Cayman Islands law and the New Governing Documents of New Arcapita Topco, the terms and conditions set forth in the Plan applicable to such distribution or issuance and by the terms and conditions of the instruments evidencing or relating to such distribution or issuance, which terms and conditions will bind each Person receiving such distribution or issuance.
Pursuant to U.S. securities laws, the New Arcapita Shares and New Arcapita Warrants will not be transferable to Non-Eligible Claimants.
All of the New Arcapita Shares and New Arcapita Warrants issued pursuant to the Plan will be duly authorized, validly issued and, to the extent applicable, fully paid, and non- assessable.
The allocation of the Sukuk Obligations, New Arcapita Shares and New Arcapita Warrants among the creditors of and holders of Interests in Arcapita Bank and AIHL contemplated by the Plan reflects the Debtors’ view of the proper allocation of value deriving from the future exits of the Debtors’ portfolio investments, as reflected in the Waterfall Analyses above, adjusted to take into consideration each of the Plan Settlements described in SectionsVI.B.2. through VI.B.11.
Each Holder of an Allowed Claim entitled to receive New Arcapita Shares shall then receive a Distribution of New Arcapita Shares (and the proceeds thereof, if any) in an amount sufficient to make the total of all Distributions of New Arcapita Shares (and the proceeds thereof, if any) to such Holder equal to the total amount of such Distributions of New Arcapita Shares to which such Holder is entitled, as determined by the preceding sentence.
Insulated nuts shall be provided on all AREMA terminals energized with 110 volts or more.
All of the New Arcapita Shares, New Arcapita Creditor Warrants, and New ArcapitaShareholder Warrants shall be duly authorized, validly issued, and, to the extent applicable, fully paid, and non-assessable.
On the Effective Date, the Disbursing Agent shall calculate the allocation of New Arcapita Shares to be distributed in accordance with Article IV of the Plan as if all Claims in Classes 4(a)-(b), and 5(a)-(b) are Allowed Claims and, for purposes of calculating the amount of Contingent Class 4(a) Claims only, as if all Claims in Class 4(b) have been Disallowed.