Old Equity definition

Old Equity means Comdisco Old Common Stock and Comdisco Old Preferred Stock.

Old Equity means, collectively, the common stock, preferred stock or other equity interest of Neumann Homes and the Affiliate Debtors outstanding immediately prior to the Petition Dates, including treasury stock and all options, warrants, calls, rights, puts, awards, commitments or any other agreements of any character to acquire such common stock, preferred stock or other equity interest.

Old Equity means the equity that existed on December 31, 2014

Examples of Old Equity in a sentence

• In accordance with Section 8.2 of the Plan, Reorganized FairPoint’s entry into the New Term Loan and New Revolver, and the incurrence of the indebtedness thereunder, on the Effective Date will be authorized without the need for any further corporate action and without any further action by holders of Claims or Old Equity Interests.

• On the Effective Date, the Old Equity Interests, including but not limited to the Old Common Stock, shall be canceled and each Holder thereof shall not be entitled to, and shall not receive or retain any property or interest in property on account of, such Old Equity Interests.

• Class 11 is deemed to have rejected the Plan and, therefore, Holders of Old Equity Interests are not entitled to vote to accept or reject the Plan.

• Such severance would consist primarily of (x) two times the sum of his Annual Salary, target Annual Bonus, and a pro rated portion of the value of the Old Equity Awards for the year of his termination; and (y) accelerated vesting of any stock option, restricted stock awards and performance units.

• The Plan shall be binding upon and inure to the benefit of the Reorganized Debtor, the holders of all Claims and Old Equity Interests, and their respective successors and assigns, including the Reorganized Debtor.

More Definitions of Old Equity

Old Equity means the owners of Equity Interests prior to the Effective Date.

Old Equity means the capital stock of the Company (including preferred stock and any rights to acquire capital stock of the Company) issued, authorized, or outstanding as of the date hereof or immediately prior to the Closing, all of which will be discharged, cancelled or otherwise terminated pursuant to the Plan and upon consummation of the Transactions.

Old Equity means the common stock issued by Sheffield and outstanding immediately prior to the Distribution Record Date, including any associated share purchase rights.

Old Equity means, collectively: (a) the Old Common Stock of any of the Debtors and (b) the Old Preferred Stock.

Old Equity means the amount of money Dover currently has equity invested in the Property in the approximate amount of $2.2 Million Dollars pursuant to the Joint Venture Agreement Dollars, which amount shall be carried over to the Company.

Old Equity means, collectively, the Old Common Stock and the Subsidiary Interests.

Old Equity has the meaning set forth in Section 7.20.