Examples of New Equity Contribution in a sentence
In addition to the New Equity Contribution that will fund the Plan obligations due to be paid on the Effective Date, OCVA Holdings intends to negotiate with watermen and oyster companies receiving Oysters For Life cages to provide 26 oysters per cage per year for the ten years as recorded by the Oysters For Life cage number date through the Oysters for Life Program at no charge.
On the effective date of the Plan, Graystoke will become the sole member of the Debtor in exchange for the Graystoke New Equity Contribution.
Cash on hand will be derived from the vesting of the Debtors’ assets in the Reorganized Debtors and the New Equity Contribution, as described in Articles IV.D and IV.G herein.
In the event of a New Equity Contribution, the holders of Allowed Equity Interests and Allowed Equity Related Claims will be subordinated to the holders of Preferred Equity Interests issued in connection with the New Equity Contribution.
Syllabus: Artificial Intelligence Mains: Ethical and legal challenges of DeepFakes.