Plan Equity Value definition

Plan Equity Value means the deemed per share value of the New Equity.
Plan Equity Value means the aggregate value of the Aggregate Fully Diluted Common Shares immediately after the Effective Date, which, for purposes of the Plan, shall be
Plan Equity Value means an amount equal to $1,250 million, subject to the Flex Adjustment, if

Examples of Plan Equity Value in a sentence

  • 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.

  • Plan Equity Value The Disclosure Statement shall set forth the agreed equity value of the New Common Shares for purposes of the Plan of Reorganization, which equity value shall be $543.5 million (the “Plan Equity Value”), which assumes conversion of the New Second Lien Convertible Notes in full.

  • Subscription Price A price representing a 13.73% discount to LATAM Parent’s Plan Equity Value; provided, however, that to the extent the Plan Equity Value is amended or otherwise changed, the Subscription Price with respect to the Equity Rights Offering will be correspondingly amended to maintain the same proportion of common stock of Reorganized LATAM Parent as the foregoing Subscription Price.

  • Subject to Section 3.2, as consideration for the Funding Commitment and the other agreements of the Backstop Parties in this Agreement, the Company Parties shall pay or cause to be paid a nonrefundable aggregate premium of $12 million ($12,000,000.00) at Plan Equity Value (the “Backstop Commitment Premium”), payable in New Common Equity, to the Backstop Parties on the Effective Date.

  • The Equity Rights Offering Documents and the Plan shall provide holders of: · Senior Notes Claims the right to purchase their Pro Rata share of up to 97% of the Rights Offering Shares at a 30% discount (the “Rights Offering Discount”) to Plan Equity Value, as outlined in the final Disclosure Statement.


More Definitions of Plan Equity Value

Plan Equity Value means between $475 million and $625 million.
Plan Equity Value means the equity value of the New Common Stock, derived and calculated by subtracting net debt, as of the Effective Date, from the Total Enterprise Value, where the net debt as of the Effective Date is calculated as gross funded debt less pro forma unrestricted cash (inclusive of any cash from the Minimum Cash Commitment Exchange). The Plan Equity Value shall be disclosed in the Plan Supplement.
Plan Equity Value means the Enterprise Value, minus the sum of the net debt (calculated by subtracting the excess cash balance from total debt and to be determined by the Debtors, the Requisite Consenting Creditors, the Creditors’ Committee, and the Equity Committee prior to the Effective Date) incurred pursuant to the Exit Facility (amount drawn as of the Effective Date), New Secured Notes, New Secured Convertible Notes, Miner Equipment Lender Takeback Debt (Default), Miner Equipment Lender Takeback Debt (Election 2), Reinstated Other Secured Claims Agreements, M&M Lien Takeback Debt, the M&M Lien Settlements, and Mortgage Takeback Debt.
Plan Equity Value means $7,611,073,306.7
Plan Equity Value means the value of the New Common Shares as of the Effective Date, calculated using the midpoint of the estimated range of Enterprise Value as defined in the Disclosure Statement, less
Plan Equity Value means the Enterprise Value minus the sum of the debt incurred pursuant to the Exit Facility (amount drawn as of the Effective Date), New Secured Notes, New Secured Convertible Notes, Miner Equipment Lender Takeback Debt (Default), Miner Equipment Lender Takeback Debt (Election 2), Reinstated Other Secured Claims Agreements, M&M Lien Takeback Debt, the M&M Lien Settlements, and Mortgage Takeback Debt.
Plan Equity Value means $3.105 billion.