Final Equity definition
Examples of Final Equity in a sentence
Pursuant to the Formula the NAV on the second Business day after the Final Observation Date is expected to be the same percentage in relation to the Initial NAV which the Final Equity Basket Level is in relation to the Initial Level, i.e. if the Final Equity Basket Level is 65%from its Initial Level, the NAV on the second Business day after the Final Observation Date is expected to be 65% of the Initial NAV.
Estimation of Final Equity ValueThe fair value of Immunicum AB’s equity has been calculated using three approaches – Comparable Company Analysis, rNPV Analysis, and NPV Analysis.
Under the Final Equity Order, all persons or entities who at the time of the Final Equity Order or in the future beneficially own at least 4.75% of the outstanding equity securities of Owens Corning (each a “Substantial Equityholder”) is required to file with the Bankruptcy Court and serve upon the Debtors and the Debtors’ counsel a notice of such status.
The Final Equity Order gives the Debtors the right to object in the Bankruptcy Court to certain acquisitions or sales of OCD common stock if the acquisition or sale would pose a material risk of adversely affecting the Debtors’ ability to utilize such tax attributes.
In addition, the Final Equity Order provides that a person or entity that would become a Substantial Equityholder by reason of a proposed acquisition of equity securities of OCD is also required to comply with the notice and service provisions before effecting that transaction.
Under the Final Equity Order, prior to any proposed acquisition of equity securities that would result in an increase in the amount of OCD equity securities owned by a Substantial Equityholder, or that would result in a person or entity becoming a Substantial Equityholder, such person, entity or Substantial Equityholder is required to file with the Bankruptcy Court, and serve on the Debtors and the Debtors’ counsel, a Notice of Intent to Purchase, Acquire or Otherwise Accumulate an Equity Security.
In general, the Final Equity Order applies to any person or entity that, directly or indirectly, beneficially owns (or would beneficially own as a result of a proposed transfer) at least 4.75% of the outstanding equity securities of OCD.
Any purchase, sale or other transfer of OCD equity securities in violation of the restrictions of the Final Equity Order would be null and void ab initio as an act in violation of the Final Equity Order and would therefore confer no rights on a proposed transferee.
Final Maturity Event Where the Equity Basket Level on all Annual Observation Dates was lower than its Initial Level the following shall apply: If the Final Equity Basket Level is less than 50% of its Initial Level, the formula provides for a NAV on the second Business day after the Final Observation Date which equals to 50% of the Initial NAV.
Final Equity Basket Level The Equity Basket Level on the Final Observation Date Final Maturity Date The Final Maturity Date is ten Business days after the Final Observation Date.