Examples of Available Notes in a sentence
On the Effective Date, or as soon thereafter as practicable, the Reorganized Debtor shall distribute all Available Notes and Available Shares to the holders of Allowed General Unsecured Claims.
Pursuant to the Plan, each holder of an Allowed General Unsecured Claim in Class 5 has the option to receive one of the following three distributions under the Plan by checking the appropriate box on a timely cast Ballot: o THE STOCK/NOTES ELECTION -- The first option available to a holder of an Allowed General Unsecured Claim is to elect to receive its Pro Rata share of (i) Available Shares and (ii) Available Notes (the "STOCK/NOTES ELECTION").
On the Effective Date, or as soon thereafter as practicable, the Reorganized Debtor shall distribute Available Notes and Available Shares to the holders of Allowed General Unsecured Claims.
A holder of an Allowed General Unsecured Claim may elect to receive (i) its Pro Rata share of Available Notes; (ii) an additional $1000 in New Senior Notes for every 66.67 shares of New Common Stock it would otherwise receive as its Pro Rata share of Available Shares under the Stock/Notes Election (to the extent New Senior Notes are available for such conversion); and (iii) the remainder of its Pro Rata share of Available Shares, if any (the "ADDITIONAL NOTES ELECTION").
Net Available Notes...........................................................................