Equity Claims definition

Equity Claims means any or all Claims that meet the definition of “equity claim” in section 2(1) of the CCAA.

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Equity Claims means: all Claims arising in connection with an Equity Interest, including, without limitation, Claims arising from the rescission of a purchase or sale of an equity security of the Debtors, for damages arising from the purchase or sale of such security, or for reimbursement or contribution under Section 502 of the Bankruptcy Code on account of such Claim and attorneys’ fees associated therewith.

Equity Claims means any Claim (a) of the Existing Shareholders (i) constituting an equity claim under section 2(1) of the CCAA, (ii) arising from any shareholder agreement in connection with or related to the Existing Shares, or (b) of any Person who is a beneficiary under or the holder or owner of any option, restricted share unit or other security issued pursuant to an Equity Compensation Plan.

Examples of Equity Claims in a sentence

• The parties are committed to agreeing to sign a Terms of Reference for the Administrative and Kaiārahi Pay Equity Claims.

• The 510(b) Equity Claims shall be discharged and terminated on and as of the Effective Date without any distribution or retaining any property on account of such Claims.

• This agreement is further to an exchange of letters between the State Services Commission (SSC), and the Council Trade Unions (NZCTU) in January/February 2017, and subsequent Terms of Reference agreed between the SSC and CTU “Addressing Identified Pay Equity Claims in the State Sector”, dated 9 May 2017.

• In connection with or as a result of the Implementation of this Proposal, Existing Shareholders shall not be entitled to any payment or other compensation on account oftheir Equity Claims under this Proposal and shall not be entitled to vote on this Proposal at the Creditors' Meeting or in connection with the Reorganization and will have no dissent rights.

• This point will be reached on completion of Milestone 4 of the Framework for the Governance and Oversight of Pay Equity Claims in the State Sector.

• Holders of Equity Claims and/or Existing Shares shall not receive any distribution under the Plan on account of their Existing Shares and/or Equity Claims, which shall be cancelled as of the Effective Date without return of capital or other payment.

• Notwithstanding the foregoing, Unsecured Creditors having Equity Claims shall not be entitled to vote in respect of such Equity Claims at the Creditors' Meeting.

• Notwithstanding the foregoing, nothing shall prevent holders of Senior Secured Obligations from transferring as between themselves some or all of their respective shares of the Secured Equity Claims Distributions or New Term Loan obligations or the rights to receive such securities or indebtedness.

• All Existing Equity and Equity Claims shall be fully, finally and irrevocably and forever compromised, released, discharged, cancelled, extinguished and barred for no consideration on the Proposal Implementation Date in accordance with Section 4.03(b)(iii) and (iv).

• At the Purchase Option Closing, Hoechst shall purchase any other shares of Common Stock outstanding and all Other Equity Claims at the same per share price (reduced in the case of Other Equity Claims by any amounts necessary to exercise any rights to acquire such Common Stock).

More Definitions of Equity Claims

Equity Claims means any claim constituting an equity claim under section 2 of the BIA;

Equity Claims means that component of the Capital Portion as at the Subscription Date,

Equity Claims means that component of the Capital Portion as at the Subscription Date, which when applied to effect the Equity Subscription, will result in the Lender Group Facility Balance, being in the amount of the Claim Balance; “Equity Subscription Agreement” means the agreement between THL, Vision Investments and the Vision SPVs governing the terms of the Equity Subscription concluded on the Signature Date, as restated and revised on or about 1 July 2024; “Equity Subscription” means the specific issue of in aggregate 4 864 887 494 shares in THL to be subscribed for by Vision Investments, and allotted and issued to Vision Investments by THL in accordance with and pursuant to the Equity Subscription Agreement, and which will be upon subscription and subject to compliance with the relevant provisions within the Equity Subscription Agreement, be distributed to the Vision Parties in the proportions set out in paragraph 5.3 of this Circular; “Facility Agreements” means the loan facilities in which facilities are provided by the Lender Group to THL, as amended from time to time; “Financial Markets Act” means the Financial Markets Act 19 of 2012, as amended from time to time; “Form of Proxy” means the form of proxy (blue) incorporated into this Circular for use by Certificated Shareholders and Own-Name Dematerialised Shareholders only, for purposes of appointing a proxy to represent such Shareholders at the General Meeting; “General Meeting” means the meeting of Shareholders to be held electronically only at 10:00 on Thursday, 8 August 2024 for the purpose of Shareholders considering, and if deemed fit, adopting, the Shareholder Resolutions, including a resumption of an adjourned meeting, and a recommencement of a postponed meeting; “Guma Agri” means Guma Agri and Food Security Limited, a private company limited by shares incorporated in Mauritius, with company file number C192979, having its registered office address at B45 Twenty Foot Road, 5th Floor La Croisette, Grand Baie Mauritius; “IDC” means Industrial Development Corporation of South Africa Limited, registration number 1940/014201/06; “IDC PCF Facility” means the PCF loan facility provided by the IDC to the Company in an initial principal amount of R1.2 bn on or about 23 December 2022, the principal amount of which facility: • was increased to R1.725 bn on or about 28 July 2023; • was increased to R2.3 bn on or about 5 October 2023; and the principal amount of which facility may increase from time to time; “Indep...