Examples of Existing Parent in a sentence
Each holder of Allowed Existing Parent Equity Interests will receive its Pro Rata share of $500,000 in Cash.
Holders of Existing Parent Equity Interests are entitled to vote on the Plan.
On the Effective Date, Existing Parent Equity Interests will be cancelled, released, and extinguished and will be of no further force or effect, whether surrendered for cancellation or otherwise.
All shares of Existing Parent Common Stock have been duly authorized and validly issued and are fully paid and nonassessable and were not issued in violation of any preemptive rights.
All of the outstanding Equity Interests in all Subsidiaries of Parent have been validly issued, are fully paid and non assessable and are owned by Parent or one or more of its Subsidiaries free and clear of all Liens, except those created under (i) on or prior to the Closing Date, the Collateral Documents (as defined in the Existing Parent Credit Agreement (as in effect on the date hereof)) and (ii) from and after the Closing Date, the Collateral Documents.
Each Holder of an Allowed Existing Parent Equity Interest will be entitled to vote to accept or reject this Plan.
The Existing Parent POs covered by this Agreement are listed on Exhibit B hereto.
Each Stockholder owns all of his, her or its respective Existing Parent Shares, free and clear of all liens, encumbrances, charges, pledges and other security interests.
Parent has made available to the Company prior to the date hereof complete and accurate copies of the Existing Parent Charter and the Existing Parent Bylaws.
Nothing herein contained shall be construed as a substitution or novation of the obligations outstanding under the Existing Parent Guaranty.