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New Capital Stock definition

New Capital Stock means any Savvis Stock or securities exchangeable, convertible or exercisable into shares of Savvis Stock whether or not authorized on the date hereof; provided, however, that "New Capital Stock" shall not include the following: (i) shares of Savvis Stock outstanding on the date hereof; (ii) shares of Preferred Stock (whether or not issued pursuant to the Purchase Agreement); (iii) Covered Common Shares; (iv) capital stock issued to officers, directors or employees of, or consultants to, Savvis pursuant to a stock grant, option plan or purchase plan or other stock incentive program, including without limitation sales of shares to such Persons pursuant to restricted stock purchase agreements approved by the Board of Directors of the Savvis; (v) capital stock issued as a dividend or distribution on capital stock or in connection with any stock split, stock dividend or similar transaction; (vi) capital stock issued in a firm-commitment underwritten public offering pursuant to a registration statement filed under the Securities Act; and (vii) securities issued pursuant to business combination transactions or the acquisition of technology or other assets of other businesses approved by the Board of Directors.
New Capital Stock means the New Common BYBI Equity Interests and the New Preferred BYBI Equity Interests.
New Capital Stock means any Savvis Stock or securities exchangeable, convertible or exercisable into shares of Savvis Stock whether or not authorized on the date hereof; provided, however, that "New Capital Stock" shall not include the following: (i) shares of Savvis Stock outstanding on the date hereof; (ii) shares of Preferred Stock (whether or not issued pursuant to the Purchase Agreement); (iii) Covered Common Shares; (iv) capital stock issued to officers, directors or employees of, or consultants to, Savvis pursuant to a stock grant,

Examples of New Capital Stock in a sentence

  • In the event Savvis has not sold all offered New Capital Stock within such 90 day period (or sold and issued New Capital Stock in accordance with the foregoing within 45 days from the date of such agreement) Savvis shall not thereafter issue or sell any New Capital Stock, without first offering a portion of such New Capital Stock to the Eligible Investors in the manner provided above in this Section 7.

  • In the case of distributions with respect to any Senior Subordinated Note Claim pursuant to this Plan, the fair market value of any New Capital Stock received by the holder of such Claim will be allocable first to the principal amount of such Claim (as determined for federal income tax purposes) and then, to the extent of any excess, the remainder of the Claim.

  • The total number of authorized shares of New Capital Stock or New Warrants to be distributed to holders of Allowed Claims shall be adjusted as necessary to account for the foregoing rounding.

  • The issuance of New Capital Stock and New Warrants by Reorganized Holdings shall be authorized without the need for any further corporate action.

  • Such Eligible Investor shall have 20 business days after issuance of the Preemptive Right Notice to agree to purchase all or any portion of its Pro Rata Share of such amount of New Capital Stock at the price and upon the terms specified in the notice (which terms shall be no less favorable than those offered to any third party purchaser) by giving written notice to Savvis and stating therein the quantity of New Capital Stock to be purchased.

  • To the maximum extent provided by section 1145 of the Bankruptcy Code and applicable non-bankruptcy law, the issuance under the Plan of the New Capital Stock will be exempt from registration under the Securities Act of 1933, as amended, and all rules and regulations promulgated thereunder and the Reorganized Debtors will not be subject to the reporting requirements of the Securities Exchange Act of 1934.

  • No fractional shares of New Capital Stock or New Warrants shall be issued or distributed under the Plan and no Cash shall be distributed in lieu of such fractional shares.

  • AP shall not assign or in any manner transfer any obligation assumed or contemplated by this Agreement without the prior written consent of SAP, the granting of which shall not be unreasonably withheld; provided, that a change of control or acquisition of a party shall be considered an assignment for the purposes of this Section 8.

  • For the avoidance of doubt, Reorganized Holdings shall not be required to allow the Shelf Registration Statements to be utilized for offerings of New Capital Stock or Warrants involving an underwriter, except that the Backstop Shelf Registration Statement shall at the request of a Backstop Party cover market making transactions by the Backstop Party in its capacity as a broker dealer.

  • As of the Effective Date, Reorganized Holdings shall establish the Management Incentive Plan, which will provide for 5% of the New Capital Stock (in addition to the 5% of New Capital Stock being issued on the Effective Date as described in section 5.4 above) to be available for issuance to the officers and key employees of the Reorganized Debtors and their affiliates as determined by the New Board of Reorganized Holdings after the Effective Date.


More Definitions of New Capital Stock

New Capital Stock means shares of Common Stock, Preferred Stock or ----------------- other equity securities of the Company which the Company proposes to offer, issue or sell following the Closing; provided, however, that the following shall -------- ------- be excluded from the definition of "New Capital Stock", (i) shares of Series B Common Stock issuable upon conversion of shares of Series T Preferred Stock, shares of Series A Common Stock issued or issuable upon conversion of shares of Series B Common Stock, Series K Common Stock or upon conversion of shares of Series AM Preferred Stock, Series AT Preferred Stock or Series AX Preferred Stock, or shares of Series K Common Stock issued or issuable upon the conversion of shares of Series K Preferred Stock, or any other securities issuable upon conversion or exercise of convertible equity securities of the Company outstanding as of the Closing; (ii) securities to be issued pursuant to any public offering by the Company registered with the Commission; (iii) securities to be issued in accordance with the Charter and/or Bylaws pursuant to any incentive stock or other plan or agreement of the Company for the benefit of its employees, directors or consultants, including any securities issuable pursuant to the exercise of any Rights issued pursuant to such plans or agreements; (iv) securities to be issued by the Company in connection with an acquisition (including, without limitation, by way of merger, consolidation or binding share exchange) by the Company of the capital stock, other equity interests or assets of another Person in a transaction pursuant to which all or part of the consideration payable in connection with such acquisition consists of securities of the Company or Rights to acquire securities of the Company; (v) securities to be issued in exchange for equity interests in another entity in connection with a joint venture or other business combination; (vi) securities to be issued upon any exercise or conversion of Rights the issuance of which was subject to or exempt from the preemptive rights set forth in Article 8; or (vii) securities issued by the Company in connection with any stock split, stock dividend, reverse stock split, recapitalization or the like occurring after the Closing.
New Capital Stock means the shares of common stock of Reorganized Holdings authorized for issuance in accordance with the terms hereof on the Effective Date and contributed as a capital contribution to, and distributed on behalf of, Reorganized Panolam.
New Capital Stock means (i) the Series B Preferred Stock, par value $0.01 per share, of the Company (the "Series B Preferred Stock") issued by the Company in exchange for the Old Senior Subordinated Notes, whether issued pursuant to the Exchange Offer or issued subsequent thereto, together with any Capital Stock of the Company issued in respect of the Series B Preferred Stock upon conversion of the Series B Preferred Stock, and (ii) the Series B Preferred Stock and any other Capital Stock of the Company issued upon exercise of the New Warrants.
New Capital Stock means any shares of capital stock of the Corporation or any of its subsidiaries or securities exchangeable, convertible or exercisable into shares of capital stock of the Corporation or any of its subsidiaries whether or not authorized on the date hereof; provided, however, that “New Capital Stock” shall not include the following: (i) Series B Senior Convertible Preferred Stock issued pursuant to the option set forth in paragraph 4.7.9; (ii) Common Stock issued pursuant to the conversion of Convertible Preference Stock, Senior Convertible Preferred Stock or options to acquire Common Stock, in each case outstanding on the Original Issuance Date, and Common Stock issued upon conversion of the Series B Senior Convertible Preferred Stock; (iii) Common Stock and securities exercisable, exchangeable or convertible into Common Stock, issued to officers, directors or employees of, or consultants to, the Corporation or its subsidiaries pursuant to any incentive compensation plan approved by the Board of Directors of the Corporation; (iv) capital stock issued as a dividend or distribution on capital stock or in connection with any stock split, stock dividend or similar transaction; (v) capital stock issued to the Corporation or any wholly-owned subsidiary of the Corporation; (vi) capital stock issued by entities that are special purpose vehicles of the collateral debt obligations originated by the Corporation and its subsidiaries; and (vii) capital stock issued in a Qualified Public Offering.

Related to New Capital Stock

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Voting Capital Stock means, with respect to any Person, shares of such Person’s Capital Stock having the right to vote for the election of directors of such Person and any other Capital Stock of such Person treated as voting stock for purposes of Treasury Regulation Section 1.956-2(c)(2).

  • Capital Stock of any Person means any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) equity of such Person, including any Preferred Stock, but excluding any debt securities convertible into such equity.

  • Excluded Capital Stock means:

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Stock.

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Retired Capital Stock shall have the meaning provided in Section 10.5(b)(2).

  • Redeemable Capital Stock means any capital stock of the Company or any Subsidiary that, either by its terms, by the terms of any security into which it is convertible or exchangeable or otherwise, (1) is or upon the happening of an event or passage of time would be required to be redeemed on or prior to the final stated maturity of the securities or (2) is redeemable at the option of the holder thereof at any time prior to such final stated maturity or (3) is convertible into or exchangeable for debt securities at any time prior to such final stated maturity.

  • Disqualified Capital Stock means that portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof on or prior to the final maturity date of the Notes.

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

  • New Equity Interests means the limited liability company

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • Working Capital Shares shall have the meaning given in the Recitals hereto.

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

  • Equity Share Capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • voting equity securities means equity securities having voting power for the election of directors, whether at all times or only so long as no senior class of security has such voting power by reason of any contingency.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.