New Equity Parties definition

New Equity Parties means the Entities, if any, backstopping or committing to purchase the Rights Offering Equity, if any, pursuant to the New Equity Agreement.
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Examples of New Equity Parties in a sentence

  • All or a portion of the Rights Offering may be backstopped by the New Equity Parties on the terms and subject to the conditions set forth in the New Equity Agreement, if any.

  • Before the Effective Date, the Debtors may enter into the New Equity Agreement providing for the sale to or backstop from the New Equity Parties for the Rights Offering Equity, if any.

  • However, there can be no assurance that the IRS will agree with this treatment, and the IRS may assert that the initial exchange and the exercise of Rights pursuant to the Rights Offering (and potentially also the backstop from the New Equity Parties) should be combined as a single transaction, which may restrict U.S. Holders’ ability to claim a loss with respect to any unexercised Rights.

  • This summary does not discuss differences in tax consequences to holders of Claims that act as New Equity Parties or otherwise act or receive consideration in a capacity other than any other holder of a Claim of the same Class or Classes, and the tax consequences for such holders may differ materially from that described below.

  • Before the Effective Date, the Debtors may enter into the New Equity Agreement, in form and substance acceptable to the Required Consenting Creditors (such consent not to be unreasonably withheld), providing for the sale to or backstop from the New Equity Parties for the Rights Offering Equity.

  • Except as otherwise agreed by the Debtors and the New Equity Parties, if any, each Holder of a Second Lien Note Claim or a General Unsecured Claim may receive its Pro Rata share (across both classes combined) of Rights under the Plan.

  • Before the Effective Date, the Debtors may enter into the New Equity Agreement providing for the sale to or backstop from the New Equity Parties for the Rights Offering Equity, which will be in form and substance consented to by the Required Consenting Creditors (such consent not to be unreasonably withheld).

Related to New Equity Parties

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

  • Equity Investor means the tax credit investor or syndicator for the proposed project who will acquire an ownership interest in the proposed project and who contributes capital to the Project Sponsor and the closing of the syndication. Equity Investors provide the capital requirements of the Project Sponsor either in the form of a single contribution at the time of entry or a staged level of contributions.

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • TPG has the meaning set forth in the preamble.

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Support Partners – means any successful vendor who entered into partnership agreement with CIPC and/or its clients for the provision of support services to a specific solution.

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.