Examples of New Diamond Common Shares in a sentence
Common Stock, $.01 par value per share500,000,000138,054,3113.45% Senior Notes due 2023250,000,000100%7.875% Senior Notes due 2025500,000,000100%5.70% Senior Notes due 2039500,000,000100%4.875% Senior Notes due 2043750,000,000100% It is expected that, upon consummation of the Plan, the Issuers’ capital structure shall be comprised of the New Notes, New Warrants (as defined in the Plan) and New Diamond Common Shares (as defined in the Plan).
Except to the extent that such holder agreed to a less favorable treatment, in full and final satisfaction, settlement, release and discharge of, and in exchange for such Senior Notes Claims (as defined in the Plan), each holder of an Allowed Senior Notes Claim (as defined in the Plan) received its pro rata share of 70.00% of the New Diamond Common Shares, subject to dilution by the Emergence Warrants and the MIP Equity Shares.
The new organizational documents of the Diamond Offshore became effective, authorizing the issuance of shares of common stock representing 100% of the equity interests in the reorganized company (or the New Diamond Common Shares).
Amended by final rulemaking at 6 A.A.R. 4498, effective Novem- ber 7, 2000 (Supp.
Registration Rights AgreementPursuant to the Plan, on the Effective Date, the Company entered into a registration rights agreement, or the Registration Rights Agreement, with certain parties who received New Diamond Common Shares under the Plan, or the RRA Shareholders.
On the Effective Date, pursuant to the Reorganization Plan:• 70,000,019 New Diamond Common Shares were transferred pro rata to holders of certain senior notes in cancelation of such notes; • 30,000,000 New Diamond Common Shares were transferred pro rata to certain holders of senior notes in exchange for new financing commitments; and • 7,526,894 Emergence Warrants were issued to the holders of DO Common Stock, including participants of the Plan.