Examples of Debtor Guarantors in a sentence
The Lender Parties have allowed unsecured guarantee claims against the Debtor Guarantors in the amount of the Net Obligations and the Lender Parties shall not be required to file any proof of claim in respect of such amount.
Cenveo Corporation issued approximately $104 million aggregate principal amount of 6% Senior Unsecured Notes due 2024 (the “Unsecured Notes”) under that certain Indenture, dated as of June 10, 2016, with the Debtor Guarantors as guarantors, and Bank of New York Mellon acting as trustee, succeeded by Wilmington Trust, N.A., in its capacity as indenture trustee under the Unsecured Notes Indenture.
Cenveo Corporation issued $540 million aggregate principal amount of 6% Senior Priority Secured Notes due 2019 (the “First Lien Notes”) under that certain Indenture, dated as of June 26, 2014, with the Debtor Guarantors as guarantors, and Bank of New York Mellon acting as trustee and collateral agent, succeeded by Wilmington Savings Fund Society, FSB, in its capacity as collateral agent and indenture trustee under the First Lien Notes Indenture.
In accordance with FRS 102 33.1A the entity may claim exemption from disclosure of transactions entered into between two or more members of a group provided any subsidiary which is a party to the transaction is wholly owned within the group.
On May 10, 2020 (the “Petition Date”), each of the Receivables Seller, the Debtor Guarantors (as defined below), and their debtor affiliates (collectively, the “Debtors”) filed voluntary petitions with the United States Bankruptcy Court Southern District of New York (the “Bankruptcy Court”) commencing cases (the “Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”).
Cenveo Corporation issued $250 million aggregate principal amount of 8.5% Junior Priority Secured Notes due 2022 (the “Second Lien Notes”) under that certain indenture, dated as of June 26, 2014, with the Debtor Guarantors as guarantors, and Bank of New York Mellon acting as trustee and collateral agent, succeeded by BOKF, N.A., in its capacity as collateral agent and indenture trustee under the Second Lien Notes Indenture.
The obligations under the First Lien Indenture are jointly and severally guaranteed by each of the Debtor Guarantors and are secured by first-priority liens (subject to certain permitted liens) over substantially all of the assets (other than certain excluded assets) of LBI Media and the Debtor Guarantors (the “Common Collateral”).
Nothing in this Exhibit B or the Plan shall preclude the Secured Debt Holders from objecting to the Debtor Guarantor Plan in order to enforce the terms of (i) a confirmed Plan of any one or more of the Plan Debtors, (ii) any of the Amended Credit Documents, (iii) Post-Effective Date Documents, or (iv) agreements made by the Debtor Guarantors.
Under the Proposed Plans, each of the RCF Guarantor Debtor’s respective equity holders will retain their equity interests in the various RCF Guarantor Debtors; however, the RCF Parties will receive no consideration from the RCF Debtor Guarantors, as the recovery to be provided to the RCF Parties under the Proposed Plans is entirely in Post-Emergence Parent Equity.
In its proof of claim, Marine asserted entitlement to an administrative priority for its fees and expenses (including attorneys' fees and expenses), all incurred after the Debtor and the Debtor Guarantors filed their Chapter 11 petitions.