New Junior Preferred Stock definition

New Junior Preferred Stock means the new junior preferred stock to be issued by Reorganized Group pursuant to this Plan as of the Effective Date.

New Junior Preferred Stock means the new series of junior preferred stock, subordinated to the New Senior Preferred Stock, but senior to the New Common Stock, of the Reorganized Debtor.

Examples of New Junior Preferred Stock in a sentence

• Tendering holders should indicate, in Box 4 or 5, as applicable, the name and address to which the New Debt Securities and the New Junior Preferred Stock or certificates for Old Debt Securities not exchanged are to be sent or issued, if different from the name and address of the person signing this Letter.

• In addition, the Reorganized Group Certificate of Incorporation shall include a provision (i) authorizing 25 million shares of New Preferred Stock, of which 4.5 million shares shall be designated New Senior Convertible Preferred Stock and 1.5 million shares shall be designated New Junior Preferred Stock, and (ii) authorizing 100 million shares of New Common Stock.

• Under federal income tax laws, payments that may be made by the Company on account of New Debt Securities and New Junior Preferred Stock issued pursuant to the Exchange Offer may be subject to back-up withholding at a rate of 31%.

• Descriptions of the terms of the New Senior Convertible Preferred Stock, the New Junior Preferred Stock, and the New Common Stock are set forth in Exhibit B annexed hereto.

• In addition, delivery to the holder of the New Junior Preferred Stock pursuant to the Exchange Offer may be subject to back-up withholding.

• The number of shares of New Junior Preferred Stock to be issued with respect to the Senior Note Claims and the DTI Guaranty Claim shall equal one share for each $100 of such Allowed Claim.

• The Class 10 Interest holder shall receive the New Junior Preferred Stock in full satisfaction of the Class C Preferred Stock Interests.

• As of the Effective Date, the issuance by Reorganized Group of an aggregate of (i) 4,239,029 shares, with DTI, or 4,065,874 shares, without DTI, of New Senior Convertible Preferred Stock, (ii) 1,336,000 shares, with DTI, or 1,201,000 shares, without DTI, of New Junior Preferred Stock, and (iii) 20,760,971 shares, with DTI, or 20,934,126 shares, without DTI, of New Common Stock by Group to Viasystems as a contribution to capital shall be authorized.

• In addition to its other forms of compensation, Xxxxxx Xxxxx may also charge me account fees and/or service fees.

• After the redemption date, dividends will cease to accrue on the shares of New Junior Preferred Stock called for redemption and all rights of the holders of such shares will terminate, except the right to receive the redemption price without interest.