New Equity definition

New Equity means the common equity interests in Reorganized Neiman to be authorized, issued, or reserved on the Effective Date pursuant to the Plan.

New Equity means cash proceeds received after the Closing Date from the sale or issuance of Borrower’s equity securities.

New Equity means the all of the equity interest in the Reorganized Debtor, issued on the Effective Date, to the Plan Sponsor, and to the Post-Petition Lender under and subject to the Subscription Option, in the total amount of 1,000 shares, free and clear of all Liens, Claims and encumbrances of any kind, except as provided in the Plan.

Examples of New Equity in a sentence

• On the Effective Date, none of the New Equity will be listed on a national securities exchange.

• If the Company does not sell or enter into an agreement to sell such number of New Equity Securities within such period, the rights provided hereunder shall be deemed to be revived and such New Equity Securities shall not be offered to any third party unless first re-offered to the Sponsor in accordance with this paragraph 13.

• No fractional shares of New Equity Interests shall be distributed and no Cash shall be distributed in lieu of such fractional amounts.

• All the shares of the New Equity issued pursuant to the Plan shall be duly authorized, validly issued, fully paid, and non-assignable.

• The Parties intend that the fair market value of the Leasehold Interest of the Company in such Project Assets shall increase as contemplated in the table below, and for any year will equal the “Applicable Percentage” for such year as set forth below multiplied by the fair market value of the fee value of such Project Assets in such year.

More Definitions of New Equity

New Equity means a subscription for capital stock of the Ultimate Parent or any other form of equity contribution to the Ultimate Parent previously agreed by the Facility Agent (acting reasonably) in writing, in each case, where such subscription or contribution does not result in a Change of Control.

New Equity means, collectively, the Class A Common Shares and the Class B Common Shares of Newco which, immediately following the issuance thereof, will constitute all of the issued and outstanding shares of Newco;

New Equity means the receipt by Borrower, after the Closing Date, of net proceeds from the sale and issuance of Borrower’s equity securities or Subordinated Debt (excluding the Investors’ Indebtedness).

New Equity means all shares of common stock or other ownership interests of the applicable Reorganized Debtor, authorized hereunder as of the Effective Date and any additional shares or ownership interests authorized for the purposes specified herein and as further described in the New Governing Documents.

New Equity means all of the new shares in the Company to be issued to each relevant party to implement the Restructuring on the Restructuring Effective Date.

New Equity means any contribution of cash to the Issuer in the form of shareholder’s equity or Shareholder Loans, whether or not contributed against the issue of any shares in the Issuer.

New Equity means the common equity interests in Reorganized Tailored to be (consistent with the Description of Transaction Steps) authorized, issued, or reserved on the Effective Date pursuant to the Plan, which shall be governed by the Shareholder Agreement and the other New Equity Documentation.