Examples of Equity Security Holder in a sentence
The provisions of the confirmed Plan shall bind the Debtor, the Reorganized Company, any entity acquiring property under the Plan, every Creditor and every Equity Security Holder, whether or not the Claim or Interest of such Creditor or Equity Security Holder is impaired under the Plan and whether or not any such Creditor or Equity Security Holder has accepted the Plan.
The receipt by a Creditor of the Plan and Disclosure Statement does not mean that the recipient has a Claim or that the Claim has been allowed.The purpose of this Disclosure Statement is to provide each Creditor and Equity Security Holder with a description of the Plan and other information to aid it in making an informed decision as to whether to accept the Plan.
The "best interest" test requires that a plan provide to each dissenting member of each impaired class a recovery that has a present value at least equal to the present value of the Distribution which each such Creditor or Equity Security Holder would receive if the Debtor were liquidated under Chapter 7 of the Bankruptcy Code.
Without limiting the foregoing, and effective on the Effective Date, each Creditor and each Equity Security Holder (or its successor) shall be deemed to have assigned to the Debtor and all such parties shall be deemed to have waived, relinquished and released any and all of their rights and Claims (other than as provided for in the Plan or the Confirmation order) against the Debtor.
Equity Security Holder shall mean the holders of Units in the Debtor.