Examples of Existing Noteholders in a sentence
The Capitalization Treatment will be as described above under Section II.D.1, provided that (a) in the case of Other Electing Claims denominated in Pesos, the principal amounts of New Notes issuable in respect of such Claims will be determined by converting the Eligible Amount of such Claims into Dollars at the exchange rate in effect on September 30, 2002 and (b) no creditors other than the Existing Noteholders are entitled to the Restructuring Fee.
Other General Claims are Claims of creditors who are included in Voting Class E under Law 550, other than the Existing Noteholders, Siemens and the Transtel Subsidiaries.
Existing Noteholders who do not participate in the Exchange Offer (including any Existing Noteholder that is not eligible to participate in the Exchange Offer, whether due to the Minimum Submission Amount required, the offer restrictions referred to in “Offer and Distribution Restrictions” or otherwise), or whose Existing Notes are not accepted for exchange by the Issuer, will continue to hold their Existing Notes subject to the Existing Notes Conditions.
Existing Noteholders should particularly note that, unlike in the case of the Existing Notes, the New Notes contain only a partial 20% guarantee from the Guarantor (see “Will the New Notes be Guaranteed?” above for further details of the Partial 20% Guarantee).
Barber reported that there are no updates for the Projects or Communications Sub- Committees.