Existing Equity Interest definition

Existing Equity Interest means any issued, unissued, authorized, or outstanding ordinary shares, preferred shares, or other instrument evidencing an ownership interest in the Parent, whether or not transferable, together with any warrants, equity-based awards, or contractual rights to purchase or acquire such equity interests (including under any employment or benefits agreement) at any time and all rights arising with respect thereto that existed immediately before the Effective Date.

Existing Equity Interest means any Interest in DSG.

Existing Equity Interest means an Interest in Bouchard existing as of the Petition Date.

Examples of Existing Equity Interest in a sentence

• A holder of an Existing Equity Interest’s exchange of its Existing Equity Interest pursuant to the Prepackaged Plan should be treated as a “recapitalization” for U.S. federal income tax purposes.

• Each holder of a Claim or Existing Equity Interest is urged to consult your own tax advisor for the U.S. federal, state, local and other tax consequences applicable under the Plan.

• Notwithstanding the foregoing, on or as soon as reasonably practicable after the Effective Date, holders of Existing Equity Interests shall receive, in exchange for the releases by such holders of the Released Parties, their Ratable Share of the Settlement Consideration; provided, however, that any holder of an Existing Equity Interest that opts not to grant the voluntary releases contained in section 11.8 of the Plan shall not be entitled to receive its Ratable Share of the Settlement Consideration.

• A holder computes its gain as equal to the difference, if any, between (i) the sum of the aggregate fair market value of New Common Shares, Existing Equity Subscription Rights and Warrants the holder received in exchange for its Existing Equity Interest, and (ii) the holder’s adjusted tax basis in such Existing Equity Interest exchanged therefor.

• In full and final satisfaction of each applicable Existing Equity Interest, each applicable Holder thereof shall receive its Pro Rata share of and interest in the New Warrants.

More Definitions of Existing Equity Interest

Existing Equity Interest means an Equity Interest in any Debtor that is authorized, issued, and outstanding prior to the Effective Date.

Existing Equity Interest means any outstanding ownership interest in any of the Debtors, including without limitation, interests evidenced by common or preferred stock, membership interests and options or other rights to purchase any ownership interest in any of the Debtors, in existence on the Petition Date.

Existing Equity Interest or "Interest" means any interest in the Debtors represented by Existing Common Stock of the Debtors.

Existing Equity Interest means any issued, unissued, authorized, or outstanding shares or common stock, preferred shares, or other instrument evidencing an ownership interest in the Parent, whether or not transferable, together with any warrants, equity-based awards, or contractual rights to purchase or acquire such equity interests (including under any employment or benefits agreement) at any time and all rights arising with respect thereto that existed immediately before the Effective Date.

Existing Equity Interest means an Interest in Invacare Corporation outstanding immediately prior to the Effective Date (but not including, for the avoidance of doubt, any Secured Notes Claims or Unsecured Notes Claims).

Existing Equity Interest means an Interest in the Company existing as of the Agreement Effective Date of the Restructuring Support Agreement or created after the execution of the Restructuring Support Agreement and prior to the Plan Effective Date.

Existing Equity Interest means any existing interest in a Debtor based on an “equity security” within the meaning of section 101(16) of the Bankruptcy Code.