Existing Common Interests definition

Existing Common Interests means, collectively, all Interests in XOG arising from or related to the shares of the class of common stock of XOG that existed immediately prior to the Effective Date, including any restricted stock of XOG that vests prior to the Effective Date.

Existing Common Interests means (i) the common stock issued by Core Scientific, Inc. that existed immediately prior to the Effective Date, including any Restricted Stock and (ii) any Vested RSUs, in each case held by the Holders as reflected in the Debtors’ books and records as of the Distribution Record Date, including the records of the Debtors’ transfer agent(s), and/or DTC’s records. For the avoidance of doubt, Unvested RSUs and Stock Options shall not be considered Existing Common Interests.

Existing Common Interests means all Interests arising from or related to the shares of the common stock of iQor Holdings Inc.

Examples of Existing Common Interests in a sentence

• Except as otherwise specifically provided in the Plan, any distributions and deliveries to be made on account of Allowed Claims or Existing Common Interests under the Plan shall be in complete and final satisfaction, release, settlement, and discharge of and exchange for such Allowed Claims or Existing Common Interests.

• The Reorganized Debtors shall be authorized to cause partial distributions to be made on account of Allowed Claims and Existing Common Interests before all Claims are Allowed.

• Except as otherwise provided in the Plan, the Disbursing Agent shall make all applicable Plan Distributions to the appropriate Holders of Allowed Claims and Existing Common Interests in accordance with the terms of the Plan.

• Existing Common Interests are Impaired, and the Holders of Existing Common Interests in Class 12 are entitled to vote to accept or reject the Plan.

• In addition, each Holder of Existing Common Interests shall have an oversubscription right to elect to purchase additional New Common Interests offered in the Rights Offering that are not timely, duly and validly subscribed for in the Rights Offering in accordance with the Rights Offering Procedures; provided, however, that no Holder may exercise an oversubscription right until it has fully exercised its Subscription Right.

More Definitions of Existing Common Interests

Existing Common Interests means the Interests in Parker arising from or related to the Existing Common Stock.

Existing Common Interests means, collectively, all Interests in Parent arising from or related to the shares of the class of common stock of Parent that existed immediately prior to the Effective Date, including any restricted stock of Parent that vests prior to the Effective Date.

Existing Common Interests means all outstanding common shares of Gastar, together with any and all outstanding and unexercised or unvested warrants, options or other rights of any kind to acquire Gastar’s common shares.

Existing Common Interests means (i) the common stock issued by Core Scientific, Inc. that existed immediately prior to the Effective Date, including any Restricted Stock and (ii) any Vested RSUs, in each case held by the Holders as reflected in the Debtors’ books and records, including the records of the Debtors’ transfer agent(s), and/or DTC’s records immediately prior to the Effective Date.

Existing Common Interests. On the Effective Date of the Plan, Existing Common Interests will be cancelled, released, and extinguished and will be of no further force and effect and each holder of an Allowed Existing Common Interest will receive, in full and final satisfaction of such Allowed Existing Common Interest, its Pro Rata Share of: (a) if the Combination Transaction is pursued, (i) 1.5% of (x) the Equity Allocation pro forma for the Combination Transaction and/or (y) the Alternative Allocation, (ii) 50% of the Tranche A Warrants, and (iii) 50% of the Tranche B Warrants.; or (b) if the Stand-Alone Restructuring is pursued, (i) 1.5% of the Equity Allocation, (ii) subscription rights for 1.5% of the Equity Rights Offering, (iii) 50% of the Tranche A Warrants, and (iv) 50% of the Tranche B Warrants. Impaired; Entitled to Vote.

Existing Common Interests. Shares of the class of common stock of Parent that existed immediately prior to the Effective Date, including any restricted stock of Parent that vests prior to the Effective Date.

Existing Common Interests means (i) the common stock issued by Core Scientific, Inc. that existed immediately prior to the Effective Date, including any restricted stock in Core Scientific, Inc. and (ii) any Vested RSUs.