New Equity Interest definition

New Equity Interest means the common stock or similar equity interest in the Reorganized Debtors to be issued to the Plan Trustee under the Plan.
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New Equity Interest shall have the meaning set forth in Section 3.8(a) hereof.
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New Equity Interest means the new equity interest in Liquidating DFC issued in accordance with the terms of the Plan.
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Examples of New Equity Interest in a sentence

  • Upon issuance, each Irish New Equity Interest will be duly authorized, validly issued, fully paid and nonassessable, and will not be issued in violation of any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar right under any provision of the Applicable Business Organization Law or the organizational or similar documents of Seller Parent or any of its Subsidiaries.

  • Each Equityholder may purchase its Pro Rata Equity Interest of the New Equity Interest on the same terms and conditions and at the same price at which the Company proposes to issue and sell the New Equity Interest.

  • Each such Equityholder may agree to purchase its Pro Rata Equity Interest of the New Equity Interest at the price and upon the terms and conditions specified in the Issuance Notice by giving written notice to the Company within fifteen (15) calendar days after its receipt of the Issuance Notice from the Company and the closing of such sale and purchase shall be at the time and place specified in the Issuance Notice or otherwise agreed between the Company and such Equityholder.

  • The Company grants to each Equityholder the right to purchase only its Pro Rata Equity Interest of New Equity Interest which the Company may, from time to time, propose to issue and sell.

  • Any attempt to issue any New Equity Interest in violation of this Section 3 shall be null and void ab initio.

  • In the event the Company has not issued and sold the New Equity Interest within this 90-day period (or closed the sale of the New Equity Interest within sixty (60) days from the date of the agreement), the Company shall not thereafter issue or sell such New Equity Interest without first offering the New Equity Interest to each such Equityholder in the manner provided above.


More Definitions of New Equity Interest

New Equity Interest means the common stock or similar equity interest in the Reorganized Debtor to be issued under the Plan.
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New Equity Interest means any equity interest of the Company.
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Related to New Equity Interest

  • New Equity Interests means the limited liability company

  • Equity Interest means any and all shares, interests, participations or other equivalents (however designated) of capital stock of a corporation, any and all equivalent ownership interests in a Person which is not a corporation, and any and all warrants, options or other rights to purchase any of the foregoing.

  • Special Equity Interest means any Equity Interest that is subject to a Lien in favor of creditors of the issuer of such Equity Interest, provided that (a) such Lien was created to secure Indebtedness owing by such issuer to such creditors, (b) such Indebtedness was (i) in existence at the time the Obligors acquired such Equity Interest, (ii) incurred or assumed by such issuer substantially contemporaneously with such acquisition or (iii) already subject to a Lien granted to such creditors and (c) unless such Equity Interest is not intended to be included in the Collateral, the documentation creating or governing such Lien does not prohibit the inclusion of such Equity Interest in the Collateral.

  • Preferred Equity Interest in any Person, means an Equity Interest of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over Equity Interests of any other class in such Person.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.