New RoomStore Common Stock definition

New RoomStore Common Stock means the common stock, $.01 par value per share, of Reorganized RoomStore to be issued in connection with the RoomStore Chapter 11 Case.
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New RoomStore Common Stock means the common stock, $.01 par value per share, of Reorganized RoomStore to be issued pursuant to this Plan.
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New RoomStore Common Stock means the common stock, one cent par value per share, of Reorganized RoomStore to be issued pursuant to Section 6.14 of the Plan on the Effective Date.
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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.

  • 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.

  • 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.

  • Reorganized RoomStore does not anticipate paying any dividends on the New RoomStore Common Stock in the foreseeable future.

  • Also, given the lack of publicly available information, NASD members will be unable to attempt to make an active market for New RoomStore Common Stock until such information becomes available, if ever, and the holders of the New RoomStore Common Stock may not be able to dispose of their shares when they desire, and any sale may be at a substantial discount from the price that would apply if a trading market existed.

  • On the Effective Date, Reorganized RoomStore shall issue all of the New RoomStore Common Stock to the Unsecured Claims Reserve.

  • However, unlike a private placement exemption, section 1145 deems the offer and sale of securities under a plan of reorganization to be a public offering, thereby eliminating the restrictions on transferability of the New RoomStore Common Stock issued under the Plan other than New RoomStore Common Stock received by affiliates of Debtor.

  • No fractional shares of New RoomStore Common Stock or Cash in lieu thereof shall be distributed from the Unsecured Claims Reserve.

Related to New RoomStore Common Stock

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Holdings Common Stock means the common stock of Holdings, par value $.01 per share.

  • Founders’ Common Stock means all of the shares of Common Stock of the Company acquired by an Insider prior to the IPO for a price of approximately $0.005875 per share;

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Common Shares means the common shares in the capital of the Corporation;

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.

  • Substitute Common Stock means the common stock issued by the issuer of the Substitute Option upon exercise of the Substitute Option.

  • Common Stock Price means, with respect to the Company and each of the Peer Companies, as of a particular date, the average of the Fair Market Value over the 15 consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price of a share of common stock as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.