Examples of Ad Hoc Noteholders in a sentence
For these purposes, it is understood and agreed that the members of the Ad Hoc Noteholders Committee may make securities filings under Section 13(d) of the Securities Exchange Act of 1934 in which the matters set forth in clauses (i) and (ii) above may be disclosed to the extent counsel for the Ad Hoc Noteholders Committee believes such disclosure is required by law.
To the extent invoiced, all Ad Hoc Noteholders Committee Fees and Expenses, Prepetition Credit Agreement Agent & Lenders Fees and Expenses, Prepetition Notes Indenture Trustee Fees and Expenses, and Backstop Parties Fees and Expenses shall have been paid in full in Cash or reserved in a manner acceptable to the applicable Required Consenting Creditors (or approved by order of the Bankruptcy Court) to the extent of any disputes related thereto.
Prior to the Debtor's bankruptcy filing, the Debtor paid approximately $1,165,232.30 in professional fees and expenses incurred on behalf of the Ad Hoc Noteholders' Committee.
The post-Petition Date reasonable fees and expenses of professionals retained by the Ad Hoc Noteholders' Committee will be paid on the Effective Date.
After negotiations between the Debtor, the Ad Hoc Noteholders' Committee, and other interested parties regarding restructuring of the Debtor's obligations, the Debtor and the Specified Holders entered into a Restructuring Agreement, a copy of which is annexed to the Plan as Exhibit B.
Prior to commencing the Chapter 11 Cases, the Companies negotiated in good faith with the Secured Purchaser Banks and an unofficial committee of creditors believed to hold a substantial portion of the Note Claims (the "Ad Hoc Noteholders Committee").
In addition, the Plan provides that all reasonable post-petition fees and expenses incurred by Jones Day Reavis & Pogue and Chanin Capital Partners on behalf of the Ad Hoc Noteholders' Committee will be paid by the Debtor.
The Ad Hoc Noteholders' Committee retained Jones Day Reavis & Pogue as counsel, and Chanin Capital Partners as financial advisors.
Both the pre-petition and post-petition fees and expenses of the professionals for the Ad Hoc Noteholders' Committee are being paid by the Debtor.
While the Ad Hoc Noteholders' Committee and its counsel act solely on behalf of the members of such committee, it has been the view of the Debtor that the Ad Hoc Noteholders' Committee's views and positions are generally representative of those of the holders of the Secured Notes.