Convertible Notes Secured Claims definition
Examples of Convertible Notes Secured Claims in a sentence
Class 2 is Impaired, and the Holders of August Convertible Notes Secured Claims in Class 2 are entitled to vote to accept or reject the Plan.
In accordance with the RSA Settlement as incorporated into this Plan pursuant to section 1123(b)(3) of the Bankruptcy Code, on the Effective Date, each April Convertible Notes Secured Claim is Allowed pursuant to section 506(a) of the Bankruptcy Code in the amount of such Holder’s Pro Rata Share of the Allowed Settled April Convertible Notes Secured Claims Amount.
Secured convertible notes to be issued to Holders of Convertible Notes Secured Claims (the “New Secured Convertible Notes”), on the terms and conditions set forth in the New Secured Convertible Notes Documents.
Class 1 is Impaired, and the Holders of April Convertible Notes Secured Claims in Class 1 are entitled to vote to accept or reject the Plan.
In accordance with the RSA Settlement as incorporated into this Plan pursuant to section 1123(b)(3) of the Bankruptcy Code, on the Effective Date, each August Convertible Notes Secured Claim is Allowed pursuant to section 506(a) of the Bankruptcy Code in the amount of such Holder’s Pro Rata Share of the Allowed Settled August Convertible Notes Secured Claims Amount.
The Roll-Up Loans shall be deemed used on the Closing Date to satisfy certain amounts due to the Lenders on account of their Convertible Notes Secured Claims in accordance with the Plan of Reorganization.