Examples of Plan Equity Value in a sentence
For purposes of distribution, the New Common Stock will be deemed to have the Plan Equity Value, regardless of the date of distribution.
Discount Rights Offering Eligible Holders shall be offered Discount Rights to purchase up to 41,026,309 shares of New Common Stock, in exchange for a Cash payment equal to $38.39 per share of New Common Stock (a 35.6% discount to the Plan Equity Value).
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.
To the extent Class 5 votes to accept the Plan, the ExistingSecond Lien Secured Claims shall be Allowed in the aggregate amount of the value of the Second Lien Equity Distribution based on the Plan Equity Value, which includes accrued but unpaid postpetition interest at the non-default contractual rate pursuant to the DIP Financing Order, and not subject to challenge, reduction, recharacterization, defense, offset, or counterclaims.
Unimpaired / Presumed to Accept pursuant to Section 1126(f) of the Bankruptcy Code Plan Enterprise Value $14,0005 million, which for the avoidance of doubt assumes conversion of all New Convertible Notes Plan Equity Value $7,6116 million 5 Illustrative assumption reflecting mid-point of potential range of $13,000 million -$15,000 million; not a PJT valuation and subject to change.