Old Common Shares definition

Old Common Shares means the common shares in the authorized share structure of the Company that have been re-designated as class A common shares without par value pursuant to the Plan of Arrangement,
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Old Common Shares means the common shares of ICG issued and outstanding as of the Petition Date.
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Old Common Shares means the class of shares of Savient Pharmaceuticals, Inc. designated as its common shares, that were issued and outstanding as of the Petition Date.
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Examples of Old Common Shares in a sentence

  • Notwithstanding anything in this Plan to the contrary, holders of Old Common Shares shall not be required to surrender their Old Common Shares to the Debtors.

  • As of the Effective Date, by virtue of the Plan and without any action necessary on the part of the holders thereof, except as specified herein, all Old Common Shares issued and outstanding or held in treasury shall be cancelled and retired, the obligations of the Debtors under any agreements governing the Old Common Shares shall be discharged and released, and no consideration will be paid or delivered with respect thereto.

  • Without any other action on the part of the Trust or any other person, effective immediately on June 16, 2022 (the “Effective Time”), each 15 shares of the Trust’s Common Shares issued and outstanding (the “Old Common Shares”) shall automatically, without further action on the part of the Trust or any holder of Old Common Shares, convert into one fully paid and nonassessable Common Share (the “New Common Share”).

  • As of the Effective Date, all Old Common Shares that have been authorized to be issued but that have not been issued shall be deemed cancelled and extinguished without any further action of any party.

  • Class 8A consists of the Interests of holders of Old Common Shares.

  • On the Effective Date, in full satisfaction, settlement, release and discharge of and in exchange for Class 8A Interests, holders of Allowed Class 8A Interests shall be entitled to retain their existing shares of Old Common Shares, which after giving effect to the New Common Shares to be issued pursuant to the Plan shall be two percent (2.0%) or 480,000 shares of the PSC Common Shares issued and outstanding as of the Effective Date, after giving effect to the Reverse Stock Split, subject to Dilution.

  • Pursuant to the Plan, all allotted and reserved but not issued Old Common Shares shall be cancelled and terminated on the Effective Date.

  • The Confirmation Order (and any subsequent Final Orders) shall be a final determination as to the rights of all Claimants and Interest holders to participate in the Distributions under the Plan, whether or not (a) a proof of claim or interest is filed or deemed filed under §501 of the Bankruptcy Code, (b) such Claim is an Allowed Claim, or such Interest is deemed an Allowed Interest, or (c) the holder of such Claim or Interest has accepted the Plan.

  • Upon failure of CPRE to furnish, deliver and maintain such insurance, the Agreement, at the election of the Yonkers Public Schools, may be declared suspended, discontinued or terminated.

  • Each record holder of a share certificate or certificates that theretofore represented an Old Common Share or Old Common Shares shall receive, upon surrender of such certificates or certificates, a new certificate or certificates evidencing and representing the number of Class A Common Shares to which such record holder is entitled.


More Definitions of Old Common Shares

Old Common Shares means the class of common shares authorized by the Constating Documents, which were issued by the Company and outstanding as of December 1, 2005 and which were exchanged for the Preferred Shares and the New Common Shares;
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Old Common Shares means the common shares in the authorized share structure of the Company that have been re-designated as Class C Common Shares without par value pursuant to the Plan of Arrangement,
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Old Common Shares means the two classes of common shares of Holdings issued and outstanding as of the Petition Date, together with any and all options, warrants and other rights in respect of such common stock.
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Related to Old Common Shares

  • 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.

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

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

  • Company Shares means the common shares in the capital of the Company;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

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

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

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

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Company Common Shares means the common shares in the capital of the Company.

  • Additional Common Shares means all common stock (including reissued shares) issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors, or consultants to the Company.

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

  • New Common Stock means the common stock of the Company as a reorganized debtor, par value $0.01 per share.

  • Registered Common Shares means Common Shares that are, as of the date of consummation of a Business Combination, and have continuously been for the 12 months immediately preceding such date, registered under Section 12 of the Exchange Act.

  • Common Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred shares, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

  • Class B Common Shares means class B common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class B common shares may be converted.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

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

  • Common Stock means the common stock of the Company.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • 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;

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

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

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