Reorganized Debtor Common Stock definition

Reorganized Debtor Common Stock means the new common stock of Reorganized Debtor to be authorized and/or issued pursuant to Section 6.06 of the Plan, with the rights of the holder thereof to be as provided for in any Reorganized Debtor Governing Documents.

Reorganized Debtor Common Stock means shares of IMG as the Reorganized Debtor authorized under the certificate of incorporation and the by-laws of IMG and issued after the Effective Date.

Reorganized Debtor Common Stock means the Existing Common Stock and shares of common stock of the Reorganized Debtor authorized under the certificate of incorporation and the by-laws of the Reorganized Debtor and issued on or after the Effective Date.

Examples of Reorganized Debtor Common Stock in a sentence

• The Reorganized Debtor Common Stock Creditor Distribution shall be exempt from registration under the Securities Act and any state or local law pursuant to Bankruptcy Code § 1145.

• The Reorganized Debtor Stock Distribution, including the shares of Reorganized Debtor Common Stock issuable upon conversion of Reorganized Debtor Convertible Preferred Stock, shall be exempt from registration under the Securities Act and any state or local law pursuant to Bankruptcy Code § 1145.

• No other Reorganized Debtor Common Stock shall be issued except to effectuate the Reorganized Debtor Common Stock Creditor Distribution and to consummate the Business Combination.

• New Common Shares of the Reorganized Debtor: Common Stock of the Reorganized Debtor, to be issued pursuant to the Plan and the Note and Warrant Purchase and Security Agreement on the Effective Date.

• Either upon the consummation of the Business Combination or in the event that there is no Business Combination, the Reorganized Debtor shall issue and distribute the Reorganized Debtor Common Stock pursuant to the Reorganized Debtor Common Stock Creditor Distribution.

• I Cancellation of Instruments and Stock J Issuance of Reorganized Debtor Common Stock K Continuation of the Debtors and Appointment of the Disbursing Agent L Disposition of Books and Records M Settlement of Disputed Claims Prior to the Effective Date N Operating Reports O Distributions P Executory Contracts and Unexpired Leases Deemed Rejected Q Effects of Confirmation R Insurance S Retention of Jurisdiction T Miscellaneous Provisions of the Plan.

• The Plan Proponents believe that the issuance of the Reorganized Debtor Common Stock to the Creditors who are entitled to same under the Plan in exchange for Claims against the Debtors will satisfy the requirements of Section 1145(a) of the Bankruptcy Code.

• The power of the directors and officers of the Reorganized Debtor, however, is limited to and they are hereby directed to take all steps necessary to (i) maintain the public corporate existence of the Reorganized Debtor, (ii) consummate the Business Combination and (iii) effectuate the Reorganized Debtor Common Stock Creditor Distribution.

• Pursuant to the Plan, the power of the directors and officers of the Reorganized Debtor is limited to and they are directed to take all steps necessary to (i) maintain the corporate existence of the Reorganized Debtor, (ii) consummate the Business Combination and (iii) effectuate the Reorganized Debtor Common Stock Creditor Distribution.

• In his role as the sole officer and director of the Reorganized Debtor, the Disbursing agent shall be limited to the actions required under the Plan to maintain the public corporate existence of the Reorganized Debtor, to consummate the Business Combination and to effectuate the Reorganized Debtor Common Stock Creditor Distribution.(h) Resignation.