Plan Trust Common Stock definition

Plan Trust Common Stock means a number of shares of common stock of Reorganized Congoleum constituting 50.1% of the New Common Stock.
Plan Trust Common Stock means the pro rata share of the common stock of Reorganized Congoleum to be allocated, pursuant to the Confirmation Order, to the Plan Trust in the event that the Senior Note Claims (as a Class) do not vote to accept the Plan.
Plan Trust Common Stock means the Reserved Common Stock to be allocated, pursuant to a Final Order of the Bankruptcy Court, to the Plan Trust in the event that the Senior Note Claims (as a Class) do not vote to accept the Plan.

Examples of Plan Trust Common Stock in a sentence

  • Incidents of this nature shall be reported in the Daily Field Activity Report (DFAR).

  • Furthermore, unlike the Plan Trust in the Reorganization Cases, a Chapter 7 trustee would not receive the benefits of the Plan Trust Common Stock.


More Definitions of Plan Trust Common Stock

Plan Trust Common Stock means the Reserved Common Stock to be allocated, pursuant to a Final Order of the Bankruptcy Court, to the Plan Trust in the event that the Senior Note Claims (as a Class) vote to reject the Plan, which in no event will be less than 51% of the voting common shares and total economic equity value of Reorganized Congoleum on a fully diluted based.

Related to Plan Trust Common Stock

  • Class A Common Stock means the Class A common stock, par value $0.0001 per share, of the Company.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • 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.

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

  • Class A Common Shares means Class A Common Shares, par value $1.00 per share, of the Corporation.

  • 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.

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

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

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

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

  • Company Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Common Stock means the common stock of the Company.

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

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

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.