Distributable Equity Value definition
Distributable Equity Value means (i) Gross Equity Value, minus (ii) Public Equity Value, minus (iii) an amount equal to all transaction costs incurred in connection with the Consolidation Transactions and the IPO.
Distributable Equity Value means $950 million less the sum of (a) Debt at Emergence plus (b) the value of the consideration reserved for the Company Incentive Plan.
Distributable Equity Value means the equity value of the Reorganized Debtors on the Effective Date.