Examples of Existing Equity Holders in a sentence
Existing Equity Holders and holders of Equity Claims shall not be entitled to attend or vote in respect of their Equity Claims at any meeting to consider and approve this Plan.
Existing Equity Holders Holders (collectively, “Existing Equity Holders”) of all equity interests and options to purchase equity interests in the Company, including, without limitation, the 150,940,973 shares of common stock in the Company, as of March 31, 2017, and the xxxxx warrants issued in connection the Company’s exchange offer and incurrence of the Term Loan in April 2016 (collectively, the “Existing Equity Interests”).
The “Equity Record Date” is the fifth Chilean Business Day preceding the date on which LATAM Parent publishes a notice informing Existing Equity Holders of their right to subscribe and purchase New Convertible Notes and/or New Common Stock (as applicable).
If the obligations under the Treximet Notes, the Convertible Notes and other valid claims are satisfied in full upon the distribution of consideration as set forth above, any residual consideration shall be distributed to Existing Equity Holders.
There followed a series of negotiations and mediation sessions between the Debtors, the Committee, the Prepetition Agent, the RCF/TLA Lenders, the TLB Lenders, and the Existing Equity Holders.