Funded Debt Claims definition

Funded Debt Claims means, collectively, all Secured Funded Debt Claims and Unsecured Funded Debt Claims.
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Funded Debt Claims means, collectively, the HoldCo Funded Debt Claims and the Utility Funded Debt Claims.
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Funded Debt Claims means, collectively, the Second Lien Notes Claims and the Unsecured Notes Claims.
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Examples of Funded Debt Claims in a sentence

  • The Plan also provides for rights of subrogation and contribution among each Debtor, as applicable, with respect to recoveries on Secured Funded Debt Claims.

  • As soon as practicable in accordance with the requirements set forth in this Article VII, each Collateral Agent shall arrange to deliver such distributions to or on behalf of the applicable Holders of Allowed Secured Funded Debt Claims.

  • Each Collateral Agent shall hold or direct such distributions for the benefit of the applicable Holders of Allowed Secured Funded Debt Claims.

  • Holders of Allowed US Secured Funded Debt Claims are entitled to payment in Cash of any accrued and unpaid interest and fees due, if any, on the Effective Date.

  • Each Administrative Agent shall hold or direct the distribution of the Secured Funded Debt Claims Cash Payment for the benefit of the applicable Holders of Allowed Secured Funded Debt Claims.

  • The US Secured Funded Debt Claims shall be Allowed in the aggregate principal amount of $499,779,680, comprising $161,933,711 in principal amount and $337,845,969 in principal amount of the US RCF Claim and the TLB Claim, respectively, plus any accrued and unpaid interest under the US RCF Credit Agreement and the TLB Credit Agreement as of the Effective Date.

  • Each Holder of Allowed Unsecured Funded Debt Claims shall be issued Bondholder Subscription Rights to purchase, pursuant to the terms of the Rights Offering Procedures, its Pro Rata allocation of the Rights Offering to the extent any such amounts remain unsubscribed and unfunded by Holders of Allowed Existing Hertz Parent Interests and the applicable Holder of an Allowed Unsecured Funded Debt Claim is an Eligible Unsecured Funded Debt Holder.

  • As soon as practicable in accordance with the requirements set forth in this Article VII, each Administrative Agent shall arrange to deliver the Secured Funded Debt Claims Cash Payment to or on behalf of the applicable Holders of Allowed Secured Funded Debt Claims.

  • The HoldCo Funded Debt Claims are Unimpaired, and the holders of HoldCo Funded Debt Claims are presumed to have accepted the Plan.

  • Class 5 consists of all Unsecured Funded Debt Claims against (i) Hertz Corp.; (ii) the Subsidiary Guarantors; and (iii) solely with respect to ALOC Facility Claims, Rental Car Intermediate Holdings, LLC.


More Definitions of Funded Debt Claims

Funded Debt Claims means, collectively, the NAC 29 Funded Debt Claims and the RoG Funded Debt Claims.
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Funded Debt Claims means, collectively, the ABL Claims, the FILO Claims, the NewCo First Lien Claims, the Legacy First Lien Claims, Secured Notes Claims, and Unsecured Notes Claims.
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Funded Debt Claims means, collectively, the Second Lien Notes Claims and the Unsecured Notes Claims. Unsecured Notes Claims $3.023 billion + accrued and unpaid interest Pursuant to the Plan, the Unsecured Notes Claims will be treated as Funded Debt Claims, and in full and final satisfaction of the Unsecured Notes Claims, on the Effective Date the holders of Unsecured Notes Claims will receive their pro rata share (based on the amount of their Allowed Unsecured Notes Claim as a percentage of the total Allowed Funded Debt Claims) of (a) the Funded Debt Equity Distribution and (b) rights to participate in the Funded Debt Rights Offering. The Unsecured Notes Indenture Trustee shall receive Cash in an amount equal to its Indenture Trustee Expenses. General Unsecured Claims3 [•] Pursuant to the Plan, in full and final satisfaction of the General Unsecured Claims, on the Effective Date, the holders of General Unsecured Claims will receive their pro rata share (based on the amount of their Allowed General Unsecured Claim as a percentage of the total Allowed General Unsecured Claims) of (a) [•]% of the shares of New Common Stock to be issued as distributions under the Plan4 and (b) rights to purchase, at the Rights Offering Purchase Price (as defined below), a number of shares of New Common Stock equal to the Rights Offering Percentage (as defined below) of their Allowed General Unsecured Claims. Such shares of New Common Stock
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Related to Funded Debt Claims

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor.

  • Incurred claims means total claims paid during the experience period, adjusted for the change in claim reserve. (7-1-93)

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • Intercompany Debt has the meaning specified in Section 7.02(d).

  • Earn Out Obligations means, with respect to an Acquisition, all obligations of the Borrower or any Subsidiary to make earn out or other contingency payments (including purchase price adjustments, non-competition and consulting agreements, or other indemnity obligations) pursuant to the documentation relating to such Acquisition. For purposes of determining the aggregate consideration paid for an Acquisition at the time of such Acquisition, the amount of any Earn Out Obligations shall be deemed to be the maximum amount of the earn-out payments in respect thereof as specified in the documents relating to such Acquisition. For purposes of determining the amount of any Earn Out Obligations to be included in the definition of Funded Indebtedness, the amount of Earn Out Obligations shall be deemed to be the aggregate liability in respect thereof, as determined in accordance with GAAP.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Excluded Claims means (a) any claim arising from Customer’s breach of Section 1.4 (Use Restrictions), 2.3 (Rights in Customer Data); (b) any amounts payable to third parties pursuant to Customer’s indemnification obligations under Section 2.4 (Indemnification by Customer) or AvePoint’s indemnification obligations under Section 8 (Indemnification); (c) Customer’s breach of Section 3 (Ownership); or (d) unlawful or willful misconduct or gross negligence.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Priority Debt means the sum, without duplication, of (i) Indebtedness of the Borrower or any Guarantor secured by a Lien (other than the Liens entered into under the Loan Documents, including the Security Documents) and (ii) all Indebtedness of any Subsidiary that is not a Guarantor.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Intercompany Claim means any Claim held by a Debtor against another Debtor.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • Section 510(b) Claims means any Claim against any Debtor: (a) arising from the rescission of a purchase or sale of a Security of any Debtor or an affiliate of any Debtor; (b) for damages arising from the purchase or sale of such a Security; or (c) for reimbursement or contribution Allowed under section 502 of the Bankruptcy Code on account of such a Claim; provided that a Section 510(b) Claim shall not include any Claims subject to subordination under section 510(b) of the Bankruptcy Code arising from or related to an Interest.

  • Approved Claims means complete and timely claims, submitted by Settlement Class Members, that have been approved for payment by the Settlement Administrator.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Senior Higher Priority Liabilities means any obligations in respect of principal of the Issuer under any Notes and any other unsecured and unsubordinated obligations (créditos ordinarios) of the Issuer, other than the Senior Non Preferred Liabilities; and

  • Consolidated Senior Funded Debt means Consolidated Funded Debt that is not Subordinated Debt.