Examples of Legacy Notes in a sentence
On August 16, 2017, Elliott advised the E-Side Debtors that Elliott had acquired the following positions in EFH and EFIH, which positions it would vote to reject the BHE Plan: $423.7 million of the EFH Legacy Notes or approximately 73% of the Class A4 EFH Legacy Notes Claims entitled to vote to accept or reject the plan of reorganization for EFH Corp.
No Party shall have any responsibility for the transfer, sale, purchase, or other disposition of securities by any other entity (other than any beneficial owner with respect to which it has investment or voting discretion over such security), including with respect to the Priority Guaranteed Notes or Legacy Notes, by virtue of this Agreement.
On April 5, 2018, the Committee filed a motion to intervene in the Legacy Notes Trustee’s adversary proceeding.
For the avoidance of doubt, in addition to participating in the Ad Hoc Legacy Group Holdback and without limitation of the Ad Hoc Legacy Backstop Commitment, the members of the Ad Hoc Legacy Group shall be permitted to participate in the Rights Offering, together with the holders of Legacy Notes that are not members of the Ad Hoc Legacy Group, with respect to the remainder of the Legacy Notes Allocation.
After the date hereof, additional holders of (A) outstanding principal amounts of the Priority Guaranteed Notes may become Consenting Priority Guaranteed Noteholders, and (B) outstanding principal amounts of the Legacy Notes may become Consenting Legacy Noteholders by agreeing in writing to be bound by the terms of this Agreement by executing a Joinder Agreement and delivering such Joinder Agreement in accordance with Sections 9 and 24 hereof.