Examples of New Unvested Warrants in a sentence
Pursuant to a plea agreement, defendant pleaded guilty to the reduced charge of attempted promoting prison contraband in the first degree.
All conditions precedent to the issuance of the New Series A Notes, the New Series B Notes, the New PPNs, the New PPN Warrants, the New PPN SARs, the New SARs, and the New Unvested Warrants shall have occurred and the New Series A Notes, the New Series B Notes, the New PPNs, the New PPN Warrants, the New PPN SARs, the New SARs, and the New Unvested Warrants shall have been issued.
Creation of Grantor Trust; Grantor Trust Certificates; New Unvested Warrants; New SARs On the Effective Date, the Debtor shall establish the Grantor Trust pursuant to the Grantor Trust Agreement for the purpose of holding the New PPNs, the New PPN Warrants and the New PPN SARs and the Debtor will cause the Grantor Trust to issue and deliver the Grantor Trust Certificates, the New Unvested Warrants and the New SARs to the Debtor.
Transactions with Related Parties Related parties are the Beneficial Owner, companies under common control of the Beneficial Owner and the Group’s key management personnel.
AU.S. Holder’s holding period in such New Unvested Warrants and New SARs should begin the day following the Effective Date.
The Grantor Trust also will hold the New PPN Warrants and the New PPN SARs with respect to the New Unvested Warrants and the New SARs that will be distributed by the Debtor to the holders of the Existing Warrants and Existing SARs. There will be no practical or economic difference to the holders in holding the Grantor Trust Certificates instead of the New PPNs directly, and this structure will permit Lamington to remain in compliance with Irish securities laws.
The New PPN SARs will be issued in order to allow new PPNs to be issued to correspond to new Grantor Trust Certificates to be issued upon the exercise of the New SARs. The New Series A Notes, the New Series B Notes, the New PPNs, the Grantor Trust Certificates, the New Unvested Warrants, the New PPN Warrants, the New SARs, and the New PPN SARs are collectively referred to as the “Restructuring Securities”.
A U.S. Holder’s initial tax basis in the New Unvested Warrants or New SARs received in exchange for the Unvested Warrants or Existing SARs pursuant to the Plan as described above should equal the fair market value of the New Unvested Warrants or New SARs received in exchange for the Unvested Warrants or Existing SARs, respectively, pursuant to the Plan as described above.