Existing Equity Interests Treatment Sample Clauses
Existing Equity Interests Treatment. On the Effective Date, existing equity interests in, and warrants to purchase common stock of, Quiksilver Parent (each, an “Existing Equity Interest”) shall be deemed canceled and extinguished, and shall be of no further force and effect, whether surrendered for cancelation or otherwise, and there shall be no distribution to holders of Existing Equity Interests on account of such Existing Equity Interests.
Existing Equity Interests Treatment. On the Plan Effective Date, all Existing Equity Interests shall be deemed canceled and extinguished, and shall be of no further force and effect, whether surrendered for cancelation or otherwise, and there shall be no distribution to holders of Existing Equity Interests on account of such equity interests.
Existing Equity Interests Treatment. On the Effective Date, all Existing Equity Interests will be cancelled and the holders of such interests shall not receive or retain any distribution, property, or other value.