Bank Bondholder definition

Bank Bondholder means the Bank (but only in its capacity as Owner (which as used herein shall mean Beneficial Owner if at the relevant time Bank Bonds are Book Entry Bonds) of Bank Bonds pursuant to this Agreement) and any other Person to whom Bank Bonds have been sold pursuant to Section 2.5(a) hereof.

Bank Bondholder means the Bank (but only in its capacity as owner of Bank Bonds pursuant to this Agreement) and any other Person to whom the Bank has sold Bank Bonds pursuant to Section 2.13.

Bank Bondholder means PNC Bank and any other Person to whom PNC Bank has sold Bank Bonds pursuant to the Standby Purchase Agreement (or the Bond Insurer, to the extent of payments made on Bank Bonds under the Bond Insurance Policy).

Examples of Bank Bondholder in a sentence

• General Unsecured Claims are any Unsecured Claims against the Debtors other than a Senior Notes Claim, a Senior Subordinated Notes Claim, a JPMC Assumed Liability Claim, a WMB Vendor Claim, a WMI Vendor Claim, a CCB-1 Guarantees Claim, CCB-2 Guarantees Claim, a PIERS Claim, a Non-Subordinated Bank Bondholder Claim, a Convenience Claim, a Subordinated Claim, or a Trustee Claim.

• If the class of Non-Subordinated Bank Bondholder Claims votes to reject the Plan, then the Debtors will only reserve for distribution to such holders the BB Liquidating Trust Interests, if, pursuant to a final order of the Bankruptcy Court, the claims are determined to be allowed as against the Debtors.

• The Debtors currently estimate that the Second Portion of the Tax Refunds will be approximately $2.8 billion, approximately $1.825 billion of which would be allocated to the Debtors’ estates, including any distribution that may be payable on account of Non-Subordinated Bank Bondholder Claims.

• If Class 17 votes to reject the Plan (in accordance with Section 30.2 herein), the sole amount of reserve for distribution to the holders of Non-Subordinated Bank Bondholder Claims if, pursuant to a Final Order of the Bankruptcy Court, such Claims are determined to be Allowed Claims, shall be the BB Liquidating Trust Interests.

• The holders of the Non-Subordinated Bank Bondholder Claims are entitled to vote to accept or reject the Plan.

• This statement does not provide specific information or advice concerning, among other things, the detailed characteristics of ACCUs, the costs associated with them, their legal status, their taxation treatment and the potential benefits and risks of dealing in them.

• The Debtors reserve the right to, and intend to seek to, subordinate certain of the Bank Bondholder Claims pursuant to section 510(b) of the Bankruptcy Code.

• The full amount of the BB Liquidating Trust Interests will be reserved by the Debtors even if the Non-Subordinated Bank Bondholder Claims have not yet been Allowed or disallowed pursuant to a Final Order of the Bankruptcy Court as of the Effective Date of the Plan.

• Prior to selling a Bank Bond to a Bank Bondholder pursuant to this Section 2.13(a), the Bank shall obtain a written acknowledgment from such purchaser stating that such purchaser has no right to tender the Bank Bond and no right to be paid from amounts drawn under the Letter of Credit.

• Treatment for specific poisons- acids, alkalis, arsenic and mercury compounds.

More Definitions of Bank Bondholder

Bank Bondholder means the Liquidity Provider (but only in its capacity as owner (which as used herein shall mean beneficial owner if at the relevant time Bank Bonds are Book-Entry Bonds) of Bank Bonds pursuant to this Agreement) and any other Person to whom the Liquidity Provider has sold Bank Bonds pursuant to Section 2.5(a) hereof.

Bank Bondholder means the Administrator and any other Person to whom the Administrator has sold or otherwise transferred Bank Bonds pursuant to Section 3.5(a) hereof.

Bank Bondholder means the Bank, (but only in its capacity as owner of Bank Bonds pursuant to this Agreement) and any other Person to whom the Bank has sold Bank Bonds pursuant to Section 2.04(a) or 8.04 hereof.