Recapitalization

Recapitalization. Any share split, share dividend, share combination or consolidation, recapitalization, reclassification or other similar event in relation to the shares of the Company

Recapitalization. Means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event described in Sections 4.2 through 4.4.

Recapitalization. Shall mean (i) the recapitalization of each outstanding share ---------------- of the Company's Class A Voting Common Stock, par value $0.01 per share, and the Company's Class B Nonvoting Common Stock, par value $0.01 per share, into one share of a single class of voting common stock and (ii) a one-for-fifty reverse split of the Common Stock.

Recapitalization. Shall mean any stock split, stock dividend, combination, recapitalization or other similar event occurring after the date hereof.

Recapitalization. Shall mean all of the following actions: (i) the conversion or exchange of the Company's $5,000,000 in aggregate principal amount of indebtedness ("Company Debt") into (A) an aggregate of 145,000,000 shares of Common Stock and (B) five-year warrants to acquire an aggregate of 31,250,000 shares of Common Stock at an exercise price of $0.04 per share and containing terms no more favorable to the holder than the Warrants: (ii)... the conversion or exchange of warrants issued to the holders of the Company Debt and exercisable for an aggregate of 30,300,000 shares of Common Stock (the "Debt Warrants") into five-year warrants to acquire an aggregate of 15,150,000 shares of Common Stock at an exercise price of $0.04 per share and containing terms no more favorable to the holder than the Warrants; and (iii) the creation (subject to stockholder approval) of an option plan (the "Plan") for the benefit of the management of the Company which, together with any options that may be granted under the Company's existing option plans, shall cover an aggregate of 75,000,000 shares of Common Stock. View More

Recapitalization. Has the meaning given to it in the Information Statement to the Stockholders of the Corporation dated April 25, 2003.

Recapitalization. Shall mean the conversion of each share of the currently authorized, issued and outstanding shares of Voting Common Stock and Non-Voting Common Stock, par value $200 per share, into 25,000 of the Company's Common Shares, to be effected upon consummation of the Company's initial public offering.

Recapitalization. Means the recapitalization on the date hereof of Company.

Recapitalization. Has the meaning set forth in the second recital above.

Recapitalization. Any recapitalization or restructuring of Allegiance Telecom, Inc.'s equity and/or debt securities and/or other indebtedness or liabilities, or a sale of substantially all of Allegiance Telecom, Inc.'s and its Affiliates' assets. A Recapitalization shall not include any amendment, modification or waiver of any of Allegiance Telecom, Inc.'s or Allegiance Telecom Company Worldwide's debt securities that is not a permanent amendment.