Examples of New Common Stock Securities in a sentence
The New Common Stock Securities issued pursuant to the Management Incentive Plan shall dilute all other New Common Stock to be issued pursuant to this Plan.
All of the New Common Stock Securities other than the Convertible Subordinated Notes Equity Distribution may not be sold or transferred unless there is an effective registration statement under the Securities Act covering the New Common Stock or the securities are sold or transferred in a transaction that is exempt from or not subject to the registration and prospectus delivery requirement of the Securities Act and otherwise in compliance with state securities laws.
The New Common Stock Securities issued pursuant to the Management Incentive Plan shall dilute all other New Common Stock to be issued pursuant to the Plan.
The New Stockholders Agreement shall be binding on all parties receiving, and all holders of, New Common Stock Securities of Reorganized KV regardless of whether such parties execute the New Stockholders Agreement.
On the Effective Date, Reorganized KV and all of the holders of New Common Stock Securities of Reorganized KV then outstanding shall be deemed to be parties to the New Stockholders Agreement, substantially in the form contained in the Plan Supplement, without the need for execution by any such holder other than Reorganized KV.
The Rights Offering Stock shall dilute all other New Common Stock Securities to be issued pursuant to this Plan, except for New Common Stock Securities issued pursuant to the Management Incentive Plan, which shall dilute the Rights Offering Stock.
The Plan provides for Reorganized KV to issue New Common Stock to the New First Lien Lenders, holders of Allowed Senior Secured Notes Claims and Allowed Convertible Subordinated Notes Claims pursuant to Section 7.9 of the Plan, subject to dilution by (i) the Rights Offering Stock, and (ii) the New Common Stock Securities that may be issued pursuant to the Management Incentive Plan.
The New Common Stock will be issued to the New First Lien Lenders, the holders of Allowed Class 3 Senior Secured Notes Claims and Allowed Class 6 Convertible Subordinated Notes Claims, in each case subject to dilution by the New Common Stock Securities issued pursuant to the Management Incentive Plan, and the Rights Offering.
Each of the distributions of New Common Stock under the Plan is subject to dilution by the New Common Stock Securities reserved for management of the Reorganized Debtors pursuant to the Management Incentive Plan (which shall not exceed 10% of the common equity of Reorganized KV on a fully-diluted basis).
The New Common Stock will be issued to (i) holders of Allowed Class 6 Convertible Subordinated Notes Claims in connection with the Convertible Subordinated Notes Equity Distribution, (ii) Eligible Holders who participate in the Rights Offering, and (iii) the Investor Parties and Silver Point pursuant to the terms of the Stock Purchase Agreement and Share Purchase Agreement, in each case subject to dilution by the New Common Stock Securities issued pursuant to the Management Incentive Plan.