Examples of First Lien Holder in a sentence
The First Lien Administrative Agent shall be the disbursing agent for the Allowed First Lien Holder Claims.
Distributions under the Prepackaged Plan to holders of such Allowed First Lien Holder Claims shall be made by the Post-Effective Date Debtor to the First Lien Administrative Agent, which, in turn, shall make the distributions to the holders of such Allowed Claims.
Each holder of an Allowed First Lien Holder Claim is not entitled to vote to accept or reject the Prepackaged Plan and will be conclusively deemed to have accepted the Prepackaged Plan pursuant to section 1126(f) of the Bankruptcy Code.
If the Bankruptcy Court determines that Class 2 is impaired, each holder of an Allowed First Lien Holder Claim is entitled to vote to accept or reject the Prepackaged Plan.
Pending a further ruling from the Bankruptcy Court as to whether Claims in Class 2 (First Lien Holder Claims) and Class 3 (Second Lien Holder Claims) and Equity Interests in Class 12 (TRBP Equity Interests) are impaired under the Prepackaged Plan, holders of Claims and Equity Interests in these classes are entitled to vote to accept or reject the Prepackaged Plan.