Plan Equity definition

Plan Equity means any Capital Stock or other equity securities contemplated to be issued by the Reorganization Plan.
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Plan Equity means any Capital Stock or other equity securities that were issued pursuant to the Reorganization Plan.
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Plan Equity. Consideration As defined in the Term Sheet. Plan Supplement The compilation of documents and forms of documents, schedules, and exhibits to the Plan filed by the Debtors. Plan Warrants As defined in the Term Sheet. Priority Tax Claims Claims of governmental units of the type described in section 507(a)(8) of the Bankruptcy Code. Pro Rata The proportion that a claim or equity interest in a particular class bears to the aggregate amount of the claims or equity interests in that class, or the proportion of the claims or equity interests in a particular class and other classes entitled to share in the same recovery as such claim or equity interest under the Plan. Qualified Marketmaker As defined in the Restructuring Support Agreement. Reorganized Debtors Any Debtor and any successors or assigns thereto, by merger, consolidation, or otherwise on or after the Effective Date. Reorganized Verso Common Equity The newly-issued common equity of Reorganized Verso Corp. Reorganized Verso Corp Verso Corp, or any successor thereto, by merger, consolidation, or otherwise on or after the Effective Date, it being understood that, as of the Effective Date, Reorganized Verso Corp shall be a corporation organized under the laws of the state of Delaware.
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Examples of Plan Equity in a sentence

  • The New Management Incentive Plan Equity will dilute all of the New Equity Interests equally.

  • For purposes of distribution, the New Common Stock will be deemed to have the Plan Equity Value, regardless of the date of distribution.

  • If the market value of new common equity at the Effective Date of the Plan equals Plan Equity Value of $4,525,000,000, exercising your Subscription Rights would yield a gain of 7.1% on your investment.

  • The Plan values the new common equity at $4,525,000,000 (“Plan Equity Value”).3 Thus 48.2% of the new common equity provides a stated recovery of approximately 75 cents-on-the-dollar assuming the Plan Equity Value.

  • Behavioural traits often exhibit geographical patterns and the variation is often indicative of underlying genetic differentiation or even cryptic species.

  • Pursuant to the Plan, Equity Interests in Class 8 will not receive or retain any property under the Plan on account of such Equity Interests, and are therefore deemed to reject the Plan and are not entitled to vote on the Plan.

  • SHARE-BASED PAYMENTSa) Types of share based payment plansThe Group has a Non-Executive Director Share Rights Plan, Equity Incentive Plan, Long-Term Incentive Plan and a Share Option Plan in existence.These share-based payment plans form an important part of a comprehensive remuneration strategy for the Company’s employees and Directors and align their interests with those of shareholders by linking rewards to the long-term success of the Company and its financial performance.

  • In the former case, the value of the New Common Equity at the Effective Date will be the Plan Equity Value of $1.374 billion.

  • New Warrants for 15% of the equity of the Reorganized Debtors, subject to dilution by the New Management Incentive Plan Equity.

  • The New Management Incentive Plan Equity will dilute all of the New Limited Partnership Interests equally.

Related to Plan Equity

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Phantom means a volume of material behaving in a manner similar to tissue with respect to the attenuation and scattering of radiation. This requires that both the atomic number (Z) and the density of the material be similar to that of tissue.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Equity Compensation means any stock option, stock appreciation, stock purchase, restricted stock, restricted stock unit, long term incentive cash bonus award or any other kind of equity-based plan, program, arrangement or grant regardless of whether the form of distribution is in stock or cash.

  • Plan 3 means the teachers' retirement system, plan 3

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • DSU means the Understanding on Rules and Procedures Governing the Settlement of Disputes contained in Annex 2 of the WTO Agreement;

  • Dividend Reinvestment Plan means a regular dividend reinvestment or other plan of the Corporation made available by the Corporation to holders of its securities where such plan permits the holder to direct that some or all of:

  • Incentive Distributions means any amount of cash distributed to the holders of the Incentive Distribution Rights pursuant to Section 6.4.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following: