Examples of IPCo Debtors in a sentence
Based on the Valuation Analysis set forth herein, the Debtors’ prepetition secured parties are not being repaid in full and as a result, any chapter 11 plan (regardless of substantive consolidation) that contemplates a distribution to general unsecured creditors of the Loan Debtors and IPCo Debtors must be contributed from the secured lenders.
In particular, the Term Lenders and IPCo Noteholders have validly perfected liens and security interests, as described herein, on substantially all of the Debtors’ assets that requires that their claims be repaid in full before general unsecured creditors of the Loan Debtors and IPCo Debtors would be entitled to a distribution.
The Claims in the following classes are impaired under the Plan and entitled to vote to accept or reject the Plan: • Class 4 Claims – Term Loan Secured Claims (Only Loan Debtors) • Class 5 Claims – IPCo Notes Claims (Only IPCo Debtors) • Class 6-A Claims – Ongoing Trade Claims (All Debtors)• Class 6-B Claims – Other General Unsecured Claims (All Debtors)18 For the avoidance of doubt, holders of Ongoing Trade Claims will be expressly designated as such in the Trade Agreements before the Voting Deadline.
The Claims in the following classes are impaired under the Plan and entitled to vote to accept or reject the Plan: Class 4 Claims – Term Loan Secured Claims (Only Loan Debtors) Class 5 Claims – IPCo Notes Claims (Only IPCo Debtors) Class 6-A Claims – Ongoing Trade Claims (All Debtors) Class 6-B Claims – Other General Unsecured Claims (All Debtors)24 For the avoidance of doubt, holders of Ongoing Trade Claims will be expressly designated as such in the Trade Agreements before the Voting Deadline.
The Claims in the following classes are impaired under the Plan and entitled to vote to accept or reject the Plan: • Class 4 Claims – Term Loan Secured Claims (Only Loan Debtors) • Class 5 Claims – IPCo Notes Claims (Only IPCo Debtors) • Class 6-A Claims – Ongoing Trade Claims (All Debtors)• Class 6-B Claims – Other General Unsecured Claims (All Debtors)24 For the avoidance of doubt, holders of Ongoing Trade Claims will be expressly designated as such in the Trade Agreements before the Voting Deadline.
The Claims in the following classes are impaired under the Plan and entitled to vote to accept or reject the Plan: • Class 4 Claims – Term Loan Secured Claims (Only Loan Debtors) • Class 5 Claims – IPCo Notes Claims (Only IPCo Debtors) • Class 6-A Claims – Ongoing Trade Claims (All Debtors) • Class 6-B Claims – Other General Unsecured Claims (All Debtors)24 For the avoidance of doubt, holders of Ongoing Trade Claims will be expressly designated as such in the Trade Agreements before the Voting Deadline.