Examples of Old Capital Stock in a sentence
Finally, holders of Old Capital Stock of FTL Cayman, FTL Inc., and Union Underwear will not receive any distribution on account of their Equity Interests, and the Old Capital Stock of Union Underwear will be cancelled not earlier than one day after the Effective Date.
The Old Capital Stock of FTL Cayman will be dealt with in the normal course in subsequent winding up of FTL Cayman as explained in Paragraph 4 (Equity Interests) of the Explanatory Statement.
On the Effective Date, as to every discharged Claim and Equity Interest, any holder of such Claim or Equity Interest (including, without limitation, any options to purchase Old Capital Stock) shall be precluded from asserting against Reorganized Safety Components, their successors or their assets or properties, any other or further Claim or Equity Interest based upon any document, instrument, act, omission, transaction, or other activity of any kind or nature that occurred before the Confirmation Date.
A holder of an Allowed Old Capital Stock Estimated Allowed Amount: N/A interest will not receive or retain any property or distribution under the Plan.
The Old Capital Stock of FTL Cayman will be dealt with by the subsequent winding up of FTL Cayman following the Scheme of Arrangement as explained in Paragraph 4 (Equity Interests) of the Explanatory Statement.
Holders of Old Capital Stock shall receive no Distributions under the Plan on account of their interests.
Description of Old Capital Stock .......................................................22 2.
Further, at the Effective Time, every 400 shares of the Corporation's Common Stock (but not any shares of Preferred Stock), issued and outstanding immediately prior to the Effective Time, or held in treasury prior to the Effective Time (collectively the "Old Capital Stock"), shall be automatically reclassified and combined into One (1) share of Common Stock (the "Reverse Stock Split").
Finally, holders of Old Capital Stock of FTL Cayman, FTL Inc., and Union Underwear will not receive any distribution on account of their Equity Interests, and the Old Capital Stock of FTL Inc.
Each stock certificate or book-entry position that, immediately prior to the Effective Time, represented shares of Old Capital Stock shall, from and after the Effective Time, automatically and without the necessity of presenting the same for exchange, represent that number of shares of Common Stock after the Effective Time into which the shares of Old Capital Stock have been reclassified or converted, as applicable, pursuant to this paragraph, until the same shall be surrendered to the Corporation.