Common use of Allocation Between Principal and Accrued Interest Clause in Contracts

Allocation Between Principal and Accrued Interest. Except as otherwise provided herein, the aggregate consideration paid to holders with respect to their Allowed Claims shall be treated pursuant to the Plan as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim accrued through the Effective Date.

Appears in 4 contracts

Samples: Restructuring Support and Lock Up Agreement, Restructuring Support and Lock Up Agreement (Seadrill LTD), Restructuring Support Agreement

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Allocation Between Principal and Accrued Interest. Except as otherwise provided hereinin the Plan, the aggregate consideration paid to holders with respect to their Allowed Claims shall be treated pursuant to the Plan as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim accrued through the Effective Date.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (DEX ONE Corp), Agreement and Plan of Merger (Supermedia Inc.)

Allocation Between Principal and Accrued Interest. Except as otherwise provided herein, the aggregate consideration paid to holders Holders with respect to their Allowed Claims shall be treated pursuant to the Plan as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim accrued through the Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Valaris PLC)

Allocation Between Principal and Accrued Interest. Except as otherwise provided hereinin the Plan, the aggregate consideration paid to holders Holders with respect to their Allowed Claims shall be treated pursuant to the Plan as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim accrued through the Effective Petition Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Quorum Health Corp)

Allocation Between Principal and Accrued Interest. β€Œ Except as otherwise provided hereinin the Plan and to the extent permitted by applicable law, the aggregate consideration paid to holders Holders with respect to their Allowed Claims shall be treated pursuant to the Plan for income tax purposes as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim interest accrued through and including the Effective Date.

Appears in 1 contract

Samples: Restructuring and Plan Support Agreement

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Allocation Between Principal and Accrued Interest. Except as otherwise provided herein, the aggregate consideration paid to holders Holders with respect to their Allowed Claims shall be treated pursuant to the Plan as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim accrued through the Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Martin Midstream Partners L.P.)

Allocation Between Principal and Accrued Interest. Except as otherwise provided hereinin the Plan, the aggregate consideration paid to holders Holders with respect to their Allowed Claims shall be treated pursuant to the Plan as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim accrued through the Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (American Apparel, Inc)

Allocation Between Principal and Accrued Interest. Except as otherwise provided hereinin the Plan, the aggregate consideration paid to holders Holders with respect to their Allowed Claims shall be treated pursuant to the Plan as allocated first to the principal amount of such Allowed Claims (to the extent thereof) and, thereafter, to the interest, if any, on such Allowed Claim accrued through the Effective Petition Date; provided, however, that the foregoing shall not apply to the Holders of Allowed RBL Claims.

Appears in 1 contract

Samples: Restructuring Support Agreement (Chaparral Energy, Inc.)

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