Examples of Credit Suisse Existing Secured Claims in a sentence
The Reorganized Debtors and Holding Company shall have no obligation to recognize any transfer of any Credit Suisse Existing Secured Claims or Unsecured Financial Claims occurring after the Distribution Record Date and shall be entitled instead to recognize and deal for all purposes hereunder with only those record holders as of the close of business on the Distribution Record Date.
All Credit Suisse Existing Secured Claims are deemed to be Allowed Claims.
Each holder of an Allowed Credit Suisse Existing Secured Claim shall be impaired under this Plan and shall receive in consideration of the cancellation of the Credit Suisse Existing Secured Claims its Pro Rata Share of the Credit Suisse New Secured Debt.
Class 3 shall consist of all Credit Suisse Existing Secured Claims against any of the Debtors.
At the close of business on the Distribution Record Date, there shall be no further changes in the record holders of the Credit Suisse Existing Secured Claims or the Unsecured Financial Claims.
Class 3 – Credit Suisse Existing Secured Claims and Class 6 – Unsecured Financial Claims are impaired under this Plan, and the holders of such Claims that are Allowed shall be entitled to vote to accept or reject this Plan.
Pursuant to section 1127(d) of the Bankruptcy Code, holders of Class 3 – Credit Suisse Existing Secured Claims and Class 6 – Unsecured Financial Claims, who previously voted to either accept or reject the Original Plan and who do not cast a vote to accept or reject this Plan by the Voting Deadline, and any of such holders’ assignees, will be deemed to have accepted or rejected this Plan as applicable.
Class 2 — INTENTIONALLY LEFT BLANK2Class 3 — Credit Suisse Existing Secured Claims.
There are no actions, suits or proceedings pending or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any subsidiary or any property of the Borrower or any subsidiary in any court or before any arbitrator of any kind or before or by any governmental authority that, individually or in the aggregate, could reasonably be expected to have a material adverse effect on the business, financial position or prospects of the Borrower.
Pursuant to and in accordance with the Plan, U.S. Holders of Credit Suisse Existing Secured Claims will receive the Credit Suisse New Secured Debt in exchange for their Credit Suisse Existing Secured Claims; and U.S. Holders of Unsecured Financial Claims will receive New Secured Notes and Holding Company Class A Stock or Holding Company Class B Stock, as applicable pursuant to the Plan, in satisfaction of their Unsecured Financial Claims.