Examples of New RoomStore Common Stock in a sentence
For purposes of Distribution, fractional shares of New RoomStore Common Stock shall be rounded down to the next whole number or zero, as applicable, and no Cash will be distributed in lieu thereof.
Accordingly, it is anticipated that the market for the New RoomStore Common Stock will be volatile, at least for an initial period after the Effective Date.
There is no assurance as to the level of liquidity, the ability of creditors to sell the shares of New RoomStore Common Stock, or the price at which the shares of New RoomStore Common Stock may be sold in a trading market.
No assurance can be given as to the market prices for New RoomStore Common Stock that will prevail following the Effective Date.
Moreover, certain recipients of the New RoomStore Common Stock may prefer to liquidate their investment rather than to hold it on a long-term basis.
Reorganized RoomStore shall be authorized to implement such procedures as it deems necessary to distribute New RoomStore Common Stock to Class 3 and Class 4 so as to efficiently and economically assure prompt and proportionate distribution of such consideration.
No fractional shares of New RoomStore Common Stock or Cash in lieu thereof shall be distributed from the Unsecured Claims Reserve.
Certain institutional investors may only invest in dividend-paying equity securities or may operate under other restrictions that may prohibit or limit their ability to hold the New RoomStore Common Stock.
The Affiliated Debtor Shares shall be subject to dilution by the shares of New RoomStore Common Stock issued pursuant to or on account of the Management Incentive Program.
Such exemptions generally are expected to be available for subsequent transfers of the New RoomStore Common Stock.