Examples of New UPC Common Stock in a sentence
Holders of New UPC Common Stock are entitled to receive dividends if, as and when declared by the Board of Directors.
Programme at the Receiving Organisation) As already indicated at the beginning of these guidelines, this part of the Learning Agreement is optional and may be used as a record to keep track of the changes made to the initial training project.
The number of shares of New UPC Common Stock to be distributed on account of Allowed Class 5 Claims that are not UPC Notes Claims shall be in addition to the 25,146,821 shares of New UPC Common Stock to be distributed on account of the Allowed UPC Notes Claims.
In the event of such voluntary or involuntary liquidation, dissolution or winding up of the affairs of UPC, holders of the New UPC Preferred Stock will be entitled to receive ratably (in proportion to the number of shares of New UPC Preferred Stock held) those amounts or assets available (up to the Preference Amount) after payment or provision for payment of amounts due to holders of all indebtedness or liabilities of UPC, but before any distribution is made to the holders of the New UPC Common Stock.
In the aggregate, the Holders of all Allowed UPC Notes Claims shall receive 25,146,821 shares of New UPC Common Stock, and each Holder of an Allowed UPC Notes Claim shall receive the number of shares of New UPC Common Stock equal to such Holder's pro rata portion of those shares of New UPC Common Stock.
Reference is made to the Disclosure Statement accompanying the Plan for a discussion of the Debtor's history, business, results of operations, historical financial information, properties, projections for future operations, risk factors, a summary and analysis of the Plan, and certain related matters, including a description of the shares of New UPC Common Stock to be issued under the Plan.
The Board of Directors is also authorized to issue shares of preferred stock which could contain provisions restricting the payment of dividends and other distributions on the New UPC Common Stock unless the payment of dividends or other payments with respect to such preferred stock have been paid.
Holders of New UPC Common Stock have the right to vote on all matters on which holders of common stock are entitled to vote.
Within the 40-day period after the Effective Date, transactions by dealers who are stockbrokers are exempt from the 1933 Act pursuant to section 1145(a)(4) of the Bankruptcy Code, as long as the stockbrokers deliver a copy of this Disclosure Statement (and supplements hereto, if any, as ordered by the Court) at or before the time of delivery of New UPC Preferred Stock or New UPC Common Stock to their customers.
Section 4(3) of the 1933 Act exempts transactions in New UPC Preferred Stock or New UPC Common Stock by dealers taking place more than 40 days after the Effective Date.