Common Equity Interest definition

Common Equity Interest when used with reference to any Person other than the Company shall mean the class or series of capital stock (or equity interest) with the greatest voting power (in relation to any other classes or series of capital stock (or equity interest)) of such other Person.

Common Equity Interest of any Person means all Equity Interests of such Person that are generally entitled to (i) vote in the election of directors of such Person or (ii) if such Person is not a corporation, vote or otherwise participate in the selection of the governing body, partners, managers or others that will control the management and policies of such Person.

Common Equity Interest means an Equity Interest represented by the issued and outstanding common stock, $0.001 par value per share, of the Debtor as of the Petition Date or any interest or right to convert into such an Equity Interest or acquire any Equity Interest of SVBFG that was in existence immediately prior to or on the Petition Date.

Examples of Common Equity Interest in a sentence

• In the event that holders of Allowed Claims in Classes 4 and 5 and Allowed Interests in Class 8 (and, as applicable, Allowed Claims in Class 7) are paid in full, plus post-Petition Date interest, and proceeds remain in the Litigation Trust, each holder of an Allowed Existing Common Equity Interest shall receive its Pro Rata share of such proceeds of the Litigation Trust pursuant to the Litigation Trust Waterfall.

• On the Initial Distribution Date, Common Equity Interests shall be cancelled and on the Initial Distribution Date, or as soon as practicable thereafter, each holder of an Allowed Common Equity Interest shall receive, in full satisfaction of such Allowed Common Equity Interest its Ratable Portion of the Equity Interest Distribution.

• In the event that holders of Allowed Claims in Classes 4 and 5 and Allowed Interests in Class 7 (and, as applicable, Allowed Claims in Class 6) are paid in full, plus post-Petition Date interest, and proceeds remain in the Litigation Trust, each holder of an Allowed Existing Common Equity Interest shall receive its Pro Rata share of such proceeds of the Litigation Trust pursuant to the Litigation Trust Waterfall.

• Following the foregoing contribution described in Section 2.1, the Operating Partnership will own a Common Equity Interest (as such term is defined in the Company Operating Agreement) in the Company in the amount of $130,000,000.00.

• On the Effective Date, each Existing Common Equity Interest shall be canceled, released, and extinguished, and will be of no further force or effect.

More Definitions of Common Equity Interest

Common Equity Interest means Equity Interests constituting the common equity security or interest of a Person.

Common Equity Interest means any share or other instrument evidencing a common stock ownership interest in the Debtor, whether or not transferable or denominated "stock" or similar security, and any options, warrants, convertible security, or other rights to acquire such shares or other instruments, or any legal, equitable, or contractual Claim arising therefrom, including but not limited to Claims arising from the purchase or sale of any such security or instrument, the rescission of a purchase or sale of any such security or instrument, or for reimbursement or contribution on account of such a Claim.

Common Equity Interest means any share or other instrument (including, without limitation, the Old UPC Common Stock) evidencing a common stock ownership interest in the Debtor, whether or not transferable or denominated "stock", or similar security, and any warrant or right, other than a right to convert, to purchase, sell, or subscribe to a common stock ownership interest in the Debtor.

Common Equity Interest means any common Equity Interest in a Debtor that existed immediately prior to the Effective Date, including, but not limited to, all issued, unissued, authorized or outstanding shares of common stock, together with any warrants, options or legal, contractual or equitable rights to purchase or acquire such interests at any time.

Common Equity Interest means any share of common stock, preferred stock or other instrument evidencing an ownership interest in the Debtor, whether or not transferable, and any option, warrant or right, contractual or otherwise, to acquire any such interest in the Debtor that existed immediately prior to the Effective Date.

Common Equity Interest shall have the meaning specified in each applicable Governing Agreement.

Common Equity Interest means the limited liability company Interests of the Debtor held pursuant to the Existing LLC Agreement.