New Parent Equity definition

New Parent Equity means one share of common stock or functional equivalent thereof of Wind-Down Debtor JCK Legacy Company to be issued on the Effective Date to the GUC Recovery Trust.
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New Parent Equity means the equity of Reorganized Parent issued to each Holder of Allowed Prepetition 2021 Notes Claims in Class 3.
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Examples of New Parent Equity in a sentence

  • On the Effective Date, all Parent Interests shall be cancelled, released, discharged, and extinguished; provided that all New Parent Equity shall be issued to Holders of Prepetition 2021 Notes Secured Claims as set forth above.

  • The New Certificate of Incorporation will include certain transfer restrictions on the New Parent Equity.

  • The New Certificate of Incorporation, the New Bylaws, and any Reorganized Subsidiary Organization Documents shall be effective as of the Effective Date and shall, among other things, authorize the New Parent Equity.

  • Distributions to Holders or Allowed Claims against the Debtors under the Plan will be funded with, or effectuated by, as applicable: (1) Cash on hand, (2) the Purchaser Take-Back Notes and, (3) New Parent Equity in accordance with the treatment of such Claims and subject to the terms provided herein.

  • SHOULD SUCH AN ATTEMPT BE MADE, SPONSOR RESERVES THE RIGHT TO SEEK REMEDIES AND DAMAGES (INCLUDING ATTORNEY FEES TO THE FULLEST EXTENT OF THE LAW)INCLUDING CRIMINAL PROSECUTION.

  • Any direct or beneficial recipient of the New Parent Equity, including all parties to whom such recipients may sell their New Parent Equity in the future and all persons who purchase or acquire such equity in future transactions, shall be party to, or shall be deemed to be bound by, the New Shareholders Agreement.

  • The offering, issuance, sale, and distribution of the New Parent Equity and the Purchaser Take-Back Notes, and the amendment, restatement, offer, sale, issuance, and delivery under the Plan of the Amended Prepetition Notes is or was in exchange for a portion of an Allowed Claim.

  • Issuance of the New Parent Equity in accordance with the Plan is approved.

  • The New Parent Equity is hereby deemed issued to the GUC Recovery Trust as of the Effective Date regardless of the date on which the New Parent Equity is actually distributed.

  • Each of the Debtors and the Wind-Down Debtors are authorized and empowered, without further approval of this Court or any other party, to take such actions and to perform such acts as may be necessary, desirable or appropriate to implement the issuance of the New Parent Equity in accordance with the Plan and to execute and deliver all agreements, documents, securities, instruments, and certificates relating thereto.

Related to New Parent Equity

  • Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • 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.

  • Net Equity ’ means, subject to such rules and regulations as the Commission pro- mulgates under the Act, with respect to the aggregate of all of a customer’s accounts that such customer has in the same capacity—

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Holdco has the meaning set forth in the Preamble.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Equity Consideration has the meaning set forth in Section 2.02.

  • Voting Capital Stock means with respect to any Person, securities of any class or classes of Capital Stock in such Person ordinarily entitling the holders thereof (whether at all times or at the times that such class of Capital Stock has voting power by reason of the happening of any contingency) to vote in the election of members of the board of directors or comparable governing body of such Person.

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) in any other Person.

  • First Equity Financing Price means (x) if the pre-money valuation of the Company immediately prior to the First Equity Financing is less than or equal to the Valuation Cap, the lowest price per share of the Equity Securities sold in the First Equity Financing or (y) if the pre-money valuation of the Company immediately prior to the First Equity Financing is greater than the Valuation Cap, the SAFE Price.

  • Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.

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

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Next Equity Financing means the next sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale (or series of related sales)).

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • New Equity Interests means the limited liability company

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.