Examples of Existing Preferred Interests in a sentence
Distributions on account of Existing Preferred Interests shall be made on the Effective Date, or as soon as practicable thereafter, by the Reorganized Debtors, as Distribution Agent, to holders of Existing Preferred Interests pursuant to the terms of the Plan.
On the Effective Date, Reorganized Broadview shall issue New Warrants pursuant to the New Warrant Agreement to the holders of Existing Preferred Interests, in accordance with Sections 5.2 and 7.1 of the Plan, which New Warrants shall conform to the terms set forth in the Plan Term Sheet.
Holders of Existing Preferred Interests are entitled to vote to accept or reject the Plan.
Class 10 Existing Preferred Interests are Impaired under the Plan.
On the Effective Date, all Existing Preferred Interests will be cancelled, released, and extinguished and will be of no further force and effect, and Holders of Existing Preferred Interests will not receive any distribution on account thereof.