Equity Security Interest definition
Examples of Equity Security Interest in a sentence
Notwithstanding any other provisions of the Plan, no distribution shall be made under the Plan on account of any Disputed Equity Security Interest, unless and until such Disputed Equity Security Interest becomes an Allowed Equity Security Interest.
Notwithstanding any other provision of this Plan, no distribution shall be made under the Plan on account of any Disputed Equity Security Interest, unless and until such Disputed Equity Security interest becomes an Allowed Equity Security Interest.
Except as otherwise provided for Administrative Claims, objections to any Claim or Equity Security Interest must be filed and served upon the holder of such Claim or Equity Security Interests on or before the Claims/Equity Security Interest Deadline.
The Bankruptcy Code requires that, for a chapter 11 plan to be confirmed, the plan must afford the holders of allowed impaired Claims or Equity Security Interest as much as they would receive or retain if the assets of the debtor were liquidated under chapter 7 of the Bankruptcy Code, unless the holder of an impaired Claim(s) or Equity Security Interest(s) vote(s) to accept the plan.
After the Record Date, the Trustee and the Second Amended Shareholders Trust shall have no obligation to recognize any transfer of any Equity Security Interest or the right as a Beneficiary and shall be entitled instead to recognize, and deal with, for all purposes under the Plan and this SAT Agreement, those Beneficiaries existing as of the Effective Date.
Notwithstanding any other --------------------------------- provision of the Plan, no distribution shall be made under the Plan on account of any Disputed Claim or Disputed Equity Security Interest, unless and until such claim becomes an Allowed Claim.
Equity Security Interests would be worth less than they are worth currently and, therefore, less than the equivalent member interest in PCMLLC each Equity Security Interest holder will receive under the Plan.