New Equity Contribution definition

New Equity Contribution means the cash and other aspects contributed by the New Equity on or before the Effective Date in an amount sufficient to satisfy Distributions to all Allowed Claims in Class 1 through 8 to be made as of the Effective Date, which is greater than or reasonably equivalent to the value of the Equity Interests issued to the New Equity in exchange therefore.
New Equity Contribution means $525,000.00, to be contributed to the Reorganized Debtor by RCG on the Effective Date.
New Equity Contribution means any new contribution of cash or property to the equity of either the Corporation or the Operating Company on or after January 1, 2013.

Examples of New Equity Contribution in a sentence

  • In performing its activity, CIE Automotive is exposed to a variety of risks inherent to the different business activities in which it engages and to the countries in which they are carried out.

  • Prior to the first occupation of any dwelling, school or other building, the roads, footways and cycleways shall be constructed to at least binder course surfacing level from the dwelling to the adjoin County road in accordance with details approved in writing by the Local Planning Authority in consultation with the Local Highways Authority.

  • Proceeds of such Causes of Action, if any, shall be distributed as follows: (a) first to holders of Allowed Claims in accordance with the RCG Plan until those Allowed Claims are paid in full, and (b) then, to RCG, to reimburse it for the $525,000 New Equity Contribution provided to the Estate on the Effective Date to fund this RCG Plan.

  • No later than 10 Business Days prior to the Confirmation Hearing, RCG will deposit the New Equity Contribution with its counsel, Locke Lord LLP (“Locke Lord”), in Locke Lord’s client-trust account, as a means of allowing the Court to verify that the New Equity Contribution is available to fund the RCG Plan if confirmed.

  • All Cash necessary for RCG to make payments of Cash pursuant to the RCG Plan shall be obtained from the following sources: (a) the Debtor’s Cash on hand; (b) the $525,000 New Equity Contribution to be provided by RCG on the Effective Date; and (c) proceeds from Causes of Action.


More Definitions of New Equity Contribution

New Equity Contribution a contribution of $50,000,000 to the equity ----------------------- of the Borrower made through Holdings after December 1, 2000 on terms and conditions satisfactory in all respects to the Administrative Agent.
New Equity Contribution means $200,000 in Cash, plus any and all Claims or
New Equity Contribution means Ms. Brown’s agreement that for the term of the Plan all amounts she may be entitled to receive as a consultant in the staffing and/or management industry shall be paid to the Reorganized Debtor for use as the funding of the operations of the Reorganized Debtor and its Plan or said other consideration as determined by the Court at the Confirmation Hearing.
New Equity Contribution means $200,000800,000 in Cash, plus any and all
New Equity Contribution means any capital contribution in respect of ordinary share capital of the Parent carrying no creditor rights provided by the Investors after the date of this Agreement.
New Equity Contribution means the contribution by investors of $3,000,000 in Net Cash Proceeds to the Borrower on terms satisfactory to the Agent in accordance with Section 5.01(p) of this Agreement.
New Equity Contribution means the transactions comprising (a) the issue by Holdings of pay-in-kind participating preferred stock of Holdings permitted under Section 6.01(c) and warrants to acquire common stock of Holdings, for aggregate gross cash proceeds (which shall be deemed to include the aggregate principal amount of Indebtedness of the Borrower that was held by the Sponsor or any Affiliate thereof and was incurred pursuant to Section 6.01(a)(xi) and then canceled or otherwise forgiven solely in exchange for the issuance by Holdings of preferred stock and warrants referred to above) of at least $23,500,000, PROVIDED that the aggregate liquidation preference of such preferred stock at the time of issuance does not exceed the aggregate gross cash proceeds so received or deemed received from such issuance by more than the amount determined by Holdings in good faith to reflect the market discount for such preferred stock at the time of issuance, and (b) the contribution by Holdings of all such proceeds to the Borrower as common equity.