Newco Stock definition

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

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

Newco Stock has the meaning set forth in Section 1.4.

Examples of Newco Stock in a sentence

• As of the Effective Time, each outstanding share of Newco Stock shall remain outstanding and unchanged.

• The Transferors may, at the Debtors' and the Banks' discretion, transfer (including, if so desired, by license rather than a complete transfer) all or part of the Selected Business to Newco, one or more newly formed corporations, in exchange for the right to receive the Newco Stock and the Newco Notes.

• The Newco Stock and the Newco Notes will be allocated among the Transferors based on the relative net value of the assets transferred to Newco, as determined by the Debtors.

• At the Effective Time, each deemed HippoRx Stock Option shall cease to exist and shall be automatically converted into an option to purchase Newco Common Stock (each, a “Newco Stock Option”) on the same terms and conditions as applied to the original Transferring Hippo Option immediately before the Distribution Time and Newco shall assume each such Newco Stock Option.

• ERP Operating Partnership shall have executed and delivered the Newco Stock Purchase Agreement.

More Definitions of Newco Stock

Newco Stock has the meaning assigned to such term in Section 4.8. -----------

Newco Stock means the Capital Stock of Newco.

Newco Stock means Newco Series A Common Stock and Newco Series B Common Stock;

Newco Stock means the Capital Stock of Newco Energy Corporation, a California corporation. "New Tranche B Lender" means any Lender holding a New Tranche B Loan, in its capacity as the holder of such Loan. "New Tranche B Loan" has the meaning set forth in the second recital hereto. "Pledged Stock" means the shares of Capital Stock of the Issuer described on Annex A hereto, and any shares of Capital Stock of the Issuer at any time issued in respect of the Capital Stock described on Annex A hereto. "Pledgee" has the meaning set forth in the first paragraph hereof. "Pledgor" has the meaning set forth in the first paragraph hereof. "Proceeds" has the meaning given such term in the UCC. "Secured Obligations" has the meaning set forth in Section 1 hereof. "Securities Act" means the Securities Act of 1933, as amended and as in effect from time to time. "UCC" means the Uniform Commercial Code as in effect in the State of New York from time to time. "Utility Stock Pledge Agreement (65%)-Continued Tranche B Loan" means the Utility Stock Pledge Agreement (65%)- Continued Tranche B Loan, dated as of the date hereof, among the parties hereto, pursuant to which 65% of the common stock of the Issuer is being pledged to secure Obligations relating to the Continued Tranche B Loan. "Utility Stock Pledge Agreement (35%)-New Tranche B Loan" means the Utility Stock Pledge Agreement (35%)-New Tranche B Loan, dated as of the date hereof, among the parties hereto, pursuant to which 35% of the common stock of the Issuer is being pledged to secure the Secured Obligations. "Utility Stock Pledge Agreement (35%)-Continued Tranche B Loan" means the Utility Stock Pledge Agreement (35%)- Continued Tranche B Loan, dated as of the date hereof, among the parties hereto, pursuant to which the Collateral is being pledged to secure Obligations relating to the Continued Tranche B Loan. 3.

Newco Stock shall have the meaning set forth in Section 2.5(g).

Newco Stock shall have the meaning specified in Section 2A.6(b) ----------- hereof.

Newco Stock means the common stock, par value $.01 per