Class 3A definition

Class 3A means, at any time, all Class 3A Loans at such time.
Class 3A. Prepetition ABL Credit Facility Claims Allowance. The Prepetition ABL Credit Facility claims shall be allowed in the aggregate principal amount of not less than $69,764,131 million, plus interest, fees, costs, charges and other Prepetition ABL Credit Agreement Obligations (as defined in the Prepetition ABL Credit Agreement) arising under the Prepetition ABL Credit Agreement documents including, for the avoidance of doubt, interest accruing after the commencement of the Chapter 11 Cases, at the non-default rate provided for the Prepetition ABL Credit Agreement documents less any principal payments made on or after June 15, 2017; provided that if the Plan Effective Date does not occur by September 5, 2017, all accrued and unpaid interest, including interest from and including June 1, 2017 (and interest accruing after the commencement of the Chapter 11 Cases), shall be allowed at the default rate provided for in the Prepetition ABL Credit Agreement documents.
Class 3A means the class of Allowed Unsecured Claims, as described, classified and treated in Section 4.03A of this Plan.

Related to Class 3A

  • Class when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans or Swingline Loans.