Equity Claim definition

Equity Claim means a Claim that meets the definition of “equity claim” in section 2(1) of the CCAA.

Equity Claim means a Claim that meets the definition of “equity claim” in section 2(1) of the CCAA and, for greater certainty, includes any of the following:

Equity Claim means a legal, equitable or contractual Claim arising from any share or other stock ownership interest in a Debtor, whether or not transferable or denominated “stock,” or similar security, and any options, warrants, convertible security, liquidation preference or other right to acquire such shares or other ownership interest, including but not limited to Claims arising from rescission of the purchase or sale of such stock ownership interests, for damages arising from the purchase or sale of such stock ownership interest or for reimbursement or contribution on account of such Claim.

Examples of Equity Claim in a sentence

• The second is the Rothwell Equity Claim which Rothwell has agreed in advance could only be paid by equities under a Plan of Reorganization.

• Mount the transformer directly to the wall, in a vertical position with label at the top (or in a weatherproof enclosure for outdoor locations) with #8 pan head screws at the top and bottom of the transformer.

• Any person having an Unaffected Claim, an Intercompany Claim or an Equity Claim shall not be entitled to vote at any Meeting in respect of such Unaffected Claim, Intercompany Claim or Equity Claim, as applicable.

• Rothwell has agreed to accept in full settlement of the Rothwell Cash Claim a $44,000 Series B Note and in full settlement of the Rothwell Equity Claim a $10,000 cash payment to be provided by the Funding Lenders, plus the number of VTEC Common Shares equal to 4.99% of the Reorganized Debtor issued at the consummation of the Plan plus Operating Subsidiary Common Shares equal to ½% of each Operating Subsidiary issued at the consummation of the Plan.

• All Persons holding Equity Claims (in their capacity as a holder of an Equity Claim) shall not be entitled to vote at or attend the Creditors’ Meeting and shall not receive any distributions under the Plan or otherwise receive any other compensation in respect of their Equity Claims, provided that the equity held by the existing shareholders of the Partners and the Partners’ interests in Metro 360 shall remain unaffected by the Plan.

More Definitions of Equity Claim

Equity Claim means a claim that is in respect of an equity interest, including a claim for, among others,

Equity Claim means a Claim that is an “equity claim” with respect to a Debtor within the meaning of section 2 of the BIA.

Equity Claim means a Claim that constitutes an “equity claim” as that term is defined in section 2 of the CCAA, excluding any Claim by a member of the CannTrust Group against another member of the CannTrust Group.

Equity Claim means a Claim that constitutes an “equity claim” as that term is defined by section 2 of the CCAA.

Equity Claim means a legal, equitable or contractual Claim arising from any share or other stock ownership interest in the Debtor.

Equity Claim means an “equity claim” as defined in section 2(1) of the CCAA in respect of any Just Energy Entity or New Just Energy Parent (excluding any right or claim of the Credit Facility Lenders or the Credit Facility Agent pursuant to the Credit Facility Documents, including any pledge of any Intercompany Interest).

Equity Claim means an equity claim (as defined in section 2(1) of the Companies’ Creditors Arrangement Act) in respect of Concordia.