New Common Interests definition

New Common Interests means the new common equity of Reorganized Parent to be issued (a) on the Effective Date or thereafter under the Plan or (b) as otherwise permitted pursuant to the Plan and the New Corporate Governance Documents.
New Common Interests means the shares of common interests in Reorganized CIT authorized under the Plan and Reorganized CIT’s bylaws as of the Effective Date.
New Common Interests means the shares of common interests in Reorganized CIT authorized under Article’s IV.B, IV.C, IV.D, IV.E and IV.F of the Plan of Reorganization and Reorganized CIT’s bylaws as of the Effective Date.

Examples of New Common Interests in a sentence

  • Each of the Debtors and the Reorganized Debtors are authorized and empowered, without further approval of this Court or any other party, to take such actions and to perform such acts as may be necessary, desirable or appropriate to implement the issuance of the New Common Interests in accordance with the Plan and to execute and deliver all agreements, documents, securities, instruments, and certificates relating thereto.

  • Sections 181.0843 and 181.0844 apply to ser- vice insurance corporations.History: 1975 c.

  • The Debtors are authorized, without further approval of this Court or any other party, to issue the New Common Interests in accordance with the Plan and to execute and deliver all agreements, documents, instruments, and certificates relating thereto.

  • Issuance of the New Common Interests is an essential element of the Plan and is in the best interests of the Debtors, their Estates, and their creditors.

  • Issuance of the New Common Interests in accordance with the Plan is approved.


More Definitions of New Common Interests

New Common Interests means the new common equity of the Issuer to be issued (a) on the Plan Effective Date or thereafter under the Plan of Reorganization or (b) as otherwise permitted pursuant to the Plan of Reorganization and the New Corporate Governance Documents (as defined in the Plan of Reorganization).
New Common Interests means, depending on the transaction structure, new common interests in New TopCo to be issued on the Effective Date or as otherwise permitted pursuant to the New Corporate Governance Documents.
New Common Interests has the meaning assigned to such term in the Restructuring Support Agreement.
New Common Interests means the membership interests in Reorganized Energy & Exploration Partners, LLC.
New Common Interests means common stock, par value $0.0001, of the Company to be issued (a) on the Effective Date or thereafter under the Plan or (b) as otherwise permitted pursuant to the Plan.
New Common Interests has the meaning set forth in the Plan.
New Common Interests means [ ].