Original Common Shares definition

Original Common Shares means the common shares of the Company, as they were prior to the Reorganization, and which have since been reclassified as Class B Shares, having new rights, terms and conditions attached to them;
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Original Common Shares. Preamble "Other Consideration" Section 6(a) "Purchase Price" Section 4(a) "Redemption Price" Section 23 "Right Certificate" Section 3(a) "Rights" Preamble "Rights Agent" Preamble; Section 21 "Substitution Period" Section 11(a)(iii) "Trading Day" Section 11(d)
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Original Common Shares means the shares of Common Shares issued to AIG by the Company on the date hereof (as adjusted from time to time to reflect appropriately the effect of any stock split, reverse stock split, stock dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change).
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Examples of Original Common Shares in a sentence

  • In the circumstances described in Section 11(a)(ii) of the Rights Agreement, the securities issuable upon the exercise of the Rights evidenced hereby shall be the Original Common Shares and/or other securities of the Corporation.

  • Shares of our series of preferred stock issued earlier were proportionately higher in stated value than the paid in capital for shares of series of preferred stock issued later, as risks were greater earlier in our development and assets securing each series were less valuable in earlier series than later series, if any.The existing Original Common Shares bear certain liquidation rights subsequent to shares of any other class of common stock.

  • As of the date of this Offering Circular, our existing holders of Original Common Shares, Class A Common Shares, Class A+ Common Shares, Class AA and Class AA+ Common Shares own 100% of our Company’s shares of outstanding common stock.

  • Exchanges of SecuritiesOur Original Common Shares may be exchanged for shares of any other class of our common stock or stock listed on a national securities exchange, if any, at the appropriate time, but in limited amounts versus the amounts that may be offered as part of the Offering, or future Planned Listing or Planned IPO/RPO, if any, further subject to investment banker limitations.

  • In the event of a sale of all our assets, or a controlling interest in our stock, all our Original Common Shares, Class A Common Shares, Class A+ Common Shares, Class AA Common Shares, Class AA+ and Class REG A shares, will be converted at each class’s multiple conversion ratio, prior to calculation of payout due per share.

  • The Original Common Shares have fifteen to one super-voting rights, Class A Common Shares have ten to one super-voting rights, Class A+ Common Shares have eight to one super-voting rights, Class AA Common Shares have six to one super-voting rights, Class AA+ Common Shares have three to one super-voting rights, while the Class REG A share has five to one super-voting rights.

  • Upon the aforementioned conversion events, if at all, our Class REG A shares are entitled to five votes per share, our Original Common Shares are entitled to fifteen votes per share, our Class A Common Shares are entitled to ten votes per share, our Class A+ Common Shares are entitled to eight votes per share, our Class AA Common Shares are entitled to six votes per share, and our Class AA+ Common Shares are entitled to three votes per share.

  • Voluntary Conversion Common Stock Our Original Common Shares may be converted into shares of any other class of our common stock or stock listed on a national securities exchange, if any, at the appropriate time, but in limited amounts versus the amounts that may be offered as part of the Offering, or future Planned Listing or Planned IPO/RPO, if any, further subject to investment banker limitations.

  • Because they hold less than the majority and their super voting rights are less than those of the Original Common Shares, Class A Common Shares and Class A+ Common Shares shareholders, the Class REG A Shareholders may not materially influence the decisions of the Company, but their REG A Representative Director may potentially influence the Board’s decisions and voting.

  • The obligations of the Company under this paragraph may be satisfied by keeping effective the Shelf Registration Statement under which the Original Common Shares were previously registered (Registration Statement on Form S-3 filed June 28, 1996 (File No. 333-07263)).


More Definitions of Original Common Shares

Original Common Shares means (i) 50,000 of the 1,500,000 Common Shares issued to the Lender on or about April 22, 1996 pursuant to Section 1 of the Purchase Agreement (after giving effect to the subsequent conversion of the Company's common stock into Common Shares in connection with its reincorporation in Bermuda), and (ii) any equity securities of the Company issued in respect of such Common Shares as a result of any stock split, stock dividend or recapitalization.
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Original Common Shares means the number of Common Shares (including shares of Common Stock issuable upon conversion of the 9% Preference Shares) distributable pursuant to the Plan (including pursuant to the Rights Offering).
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Related to Original Common Shares

  • 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.

  • Additional Common Stock herein shall mean in the most broadest sense all shares of Common Stock hereafter issued by the Borrower (including, but not limited to Common Stock held in the treasury of the Borrower and common stock purchasable via derivative security or option on the date of such grant ), except Common Stock issued upon the conversion of any of this Convertible Note or Warrant.

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

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

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

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

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • 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.

  • Parent Common Shares means the common shares of the Parent;

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Class B Common Shares means shares of Class B Common Stock.

  • Parent Ordinary Shares means the Ordinary Shares, nominal value NIS 0.0175 per share, of Parent.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

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

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

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

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

  • Common Stock means the common stock of the Company.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

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

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Company Shares has the meaning set forth in the Recitals.

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