Examples of Common Equity Interests in a sentence
On the Effective Date, all Common Equity Interests shall be deemed extinguished and the certificates and all other documents representing such Equity Interests shall be deemed cancelled and of no force and effect.
Holders of Existing AVH Common Equity Interests shall retain such Interests, which may be cancelled, released, or extinguished, or will receive economically similar treatment, as of the Effective Date or as soon as reasonably practicable thereafter, to the extent permitted by applicable law as determined by the Debtors in their business judgment, and holders of Existing AVH Common Equity Interests shall not receive any distributions on account of such Interests.
Holders of Claims or Interests in Class 21 (Dime Warrants), and Class 22 (Common Equity Interests) are not entitled to receive any distributions pursuant to the Plan and are deemed to have rejected the Plan.
To the extent that, after such reallocation, the Deleveraging Commitment Parties would continue to be allocated New Debt, each Deleveraging Commitment Party shall have the option (on a several basis) to substitute all or a portion of its allocation of New Debt for New Common Equity Interests.
Holders of Common Equity Interests shall receive no distribution under the Plan.