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 between $475 million and $625 million.

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.


More Definitions of Plan Equity Value

Plan Equity Value means an amount equal to $1,250 million, subject to the Flex Adjustment, if
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 $3.105 billion.
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 the Plan Enterprise Value minus the Net Debt Amount.