Examples of Legacy Lenders in a sentence
Class 2 consists of the Allowed Secured Claims of the Legacy Lenders.
On and after the Effective Date, the liens in favor of The Huntington National Bank, as administrative agent for the benefit of itself as a lender and for the other Legacy Lenders shall continue in full force and effect on Pledged Assets of the Debtor in connection with the Legacy Debt only.
The Holders of the Allowed Secured Claims of the Legacy Lenders are conclusively presumed to have accepted this Plan pursuant to section 1126(f) of the Bankruptcy Code and, therefore, are not entitled to vote to accept or reject this Plan.
The legal, equitable and contractual rights of the Holders of the Allowed Secured Claims of the Legacy Lenders are unaltered by this Plan.
The Allowed Secured Claims of the Legacy Lenders are unimpaired within the meaning of Section 1124 of the Bankruptcy Code.
On and after the Effective Date, the liens in favor of The Huntington National Bank, as administrative agent for the benefit of itself as a lender and for the other Legacy Lenders will continue in full force and effect on Pledged Assets of the Debtor in connection with the Legacy Debt only.
The Allowed Secured Claims of the Legacy Lenders are unimpaired within the meaning of section 1124 of the Bankruptcy Code.
The legal, equitable and contractual rights of the Holders of Allowed Secured Claims of the Legacy Lenders are unaltered by the Plan.
The business activities of the Debtor and its other subsidiary companies following the December 2008 holding company formation and corporate reorganization and 2009 debt restructuring (the “March 2009 Restructuring”) principally consisted of making payments on the Legacy Debt owed to the Bank and other Legacy Lenders in accordance with the Legacy Credit Agreement.
The Holders of the Allowed Secured Claims of the Legacy Lenders are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code and, therefore, are not entitled to vote to accept or reject the Plan.