Examples of New NTL Common Stock in a sentence
Subordinated Notes (other than France Telecom) as of the Noteholder Election Option Record Date to purchase (i) shares of New NTL Common Stock using up to 100% of the Delaware/Inc.
The New Securities authorized pursuant to Article IV.C.2.a.i hereof shall be issued by New NTL pursuant to this Plan without further act or action under applicable law, regulation, order, or rule; provided, however, that notwithstanding any provision to the contrary contained in this Plan, the New NTL Common Stock shall be issued prior to the exchange of NTL Delaware's Subsidiary Common Stock Interests in NTL CC.
The Equity Rights, which shall be exercisable for a period of 20 Business Days following the entry of the Confirmation Order, as such period may be extended, shall be offered pro rata, but shall be exercisable on an oversubscription basis, such that holders of Equity Rights can subscribe for shares of New NTL Common Stock (each accompanied by a Series A Warrant) underlying unexercised Equity Rights, if any.
As soon as practicable following receipt of such direction, New NTL shall distribute the withheld shares of New NTL Common Stock, together with any Cash and non-Cash dividends earned thereon, to such Person as directed by such Person in writing.
Subordinated Notes Claims shall not be entitled to, and shall not, receive the shares of New NTL Common Stock and Class 10 Noteholder Election Option described above.
Subordinated Notes (other than France Telecom) pursuant to Article III.C of this Plan at the Noteholder Election Option Price, plus (ii) any shares of New NTL Common Stock and Series A Warrants not subscribed for in the Equity Rights Offering on an oversubscription basis at the Noteholder Election Option Price.
In accordance with the terms contained in the Equity Rights Offering Procedures, the Equity Rights Offering shall permit the holders of Old Senior Preferred Stock Interests, Other Junior Preferred Stock Interests, and Old Common Stock Interests as of the Equity Rights Offering Record Date to receive rights to subscribe to purchase 15,000,000 shares of New NTL Common Stock exercisable on an oversubscription basis at the Equity Rights Offering Price.
In accordance therewith, upon issuance on the Effective Date, each share of New NTL Common Stock (whether originally issued or from New NTL's treasury) shall be accompanied by a New NTL Stockholder Right entitling the registered holder to purchase from New NTL one one-hundredth (1/100) of a share of New NTL Stockholder Rights Preferred Stock at the New NTL Stockholder Rights Purchase Price, subject to adjustment pursuant to the terms of the New NTL Rights Agreement.
Under the New NTL Management Incentive Plan, options to purchase up to 10% of the issued and outstanding shares of New NTL Common Stock as of the Effective Date may be granted from time to time to certain employees of New NTL and, on the Effective Date, New NTL shall reserve up to 20 million shares of New NTL Common Stock for issuance under the New NTL Management Incentive Plan.
Each share of New NTL Common Stock purchased in the Equity Rights Offering shall be accompanied by a Series A Warrant (maximum issuance of warrants representing 15,000,000 shares of New NTL Common Stock) with a strike price of $77.47 (which assumes 162.5% recovery for the NTL CC Senior Notes, NTL CC Subordinated Notes, and the Diamond Cable Notes).