Examples of HoldCo Loans in a sentence
S., 1985, ApJ, 297, 621 Arav N., 1996, ApJ, 465, 617Arav N., Korista K.
On the Effective Date, the Reorganized HoldCo shall enter into the HoldCo Loans Documents.
In order to effect efficient distributions with respect to the TLTB Facilities, the HoldCo Loans, and the Priority Exit Facility, the Prepetition Agent, and the DIP Agent (as applicable) shall have reasonable discretion to impose a halt on assignments of Term Loans or DIP Loans (as applicable) as of a date no earlier than three days before the anticipated Effective Date.
The Debtors shall fund distributions under the Plan, as applicable, with: (a) the New Common Stock; (b) the Priority Exit Facility; (c) the Second Out TLTB Facility; (d) the Third Out TLTB Facility; (e) the HoldCo Loans; and(f) the Debtors’ Cash on hand.
Sources of Consideration for Plan Distributions The Debtors shall fund distributions under the Plan, as applicable, with: (a) the New Common Stock; (b) the Priority Exit Facility; (c) the Second Out TLTB Facility; (d) the Third Out TLTB Facility; (e) the HoldCo Loans; and (f) the Debtors’ Cash on hand.
Upon the disposition of the Third Out TLTB Facilities or the HoldCo Loans by sale, exchange, retirement, redemption or other taxable disposition, a U.S. Holder will generally recognize gain or loss equal to the difference, if any, between (i) the amount realized on the disposition (other than amounts attributable to accrued but untaxed interest, which will be taxed as ordinary interest income) and (ii) the U.S. Holder’s adjusted tax basis in the Third Out TLTB Facilities or the HoldCo Loans, as applicable.
The stated redemption price at maturity of the Third Out TLTB Facilities and the HoldCo Loans is the total of all payments due on such Loans other than payments of “qualified stated interest.” In general, qualified stated interest is stated interest that is payable unconditionally in cash or in property (other than debt instruments of the issuer) at least annually at a single fixed rate (or at certain qualifying floating rates).
The following are some of the risks that apply to Holders of Claims against the Debtors or other parties who become Holders of the Priority Exit Facility, the Second Out TLTB Facility, the Third Out TLTB Facility, the HoldCo Loans, or the New Common Stock pursuant to the Plan.
A U.S. Holder’s gain or loss will generally constitute capital gain or loss and will be long-term capital gain or loss if the U.S. Holder has held such Third Out TLTB Facilities or the HoldCo Loans for longer than one year.
The Debtors shall fund distributions under the Plan, as applicable, with: (a) the New Common Stock;(b) the Priority Exit Facility; (c) the Second Out TLTB Facility; (d) the Third Out TLTB Facility; (e) the HoldCo Loans; and (f) the Debtors’ Cash on hand.