Lender Secured Claim definition

Lender Secured Claim means any Claim of Wachovia arising under or relating to the Existing Credit Agreement, the Existing Subsidiary Guaranty and any related documents.
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Lender Secured Claim means the Allowed Class 2 Claim of the Lenders which is equal to: (i) if the Class 2 Liquidating Trust Mechanism is elected by the Lenders, the total Distributions made by the Class 2 Liquidating Trustee (net of the costs associated with liquidation) received by the Lenders; (ii) if the Liquidating Debtor Mechanism is elected by the Lenders, the total net proceeds from the Plan Administrator’s liquidation of the Class 2 Assets (net of the costs associated with liquidation) received by the Lenders; or (iii) if the Surrender Mechanism is elected by the Lenders, the total net proceeds from the Lenders’ liquidation of the Class 2 Assets (net of the costs associated with liquidation) received by the Lenders. The Lender Secured Claim was allowed pursuant to the Cash Collateral Order.
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Lender Secured Claim means the Secured Claim of any Lender against a Debtor.
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Examples of Lender Secured Claim in a sentence

  • Other Secured Claims means any Secured Claims arising prior to the Petition Date against any of the Debtors, other than a Prepetition Lender Secured Claim or a Mechanic’s Lien Claim.

  • The Plan defines General Unsecured Claims as any Claim against any of the Debtors that is not an Administrative Claim, an Existing Lender Fee Claim, a Priority Tax Claim, an Other Priority Claim, an Existing Lender Secured Claim, an Other Secured Claim, an Existing Lender Deficiency Claim, a Trade Unsecured Claim, or an Intercompany Claim.

  • The Plan defines Other Secured Claims as any Secured Claim arising prior to the Petition Date against any of the Debtors, other than an Existing Lender Secured Claim.

  • The Plan creates separate Classes to deal respectively with Other Secured Claims, the Prepetition Lender Secured Claim, Priority Non-Tax Claims, General Unsecured Claims, Intercompany Claims, and Equity Interests.

  • Class 1 consists of any Other Secured Claims against any Debtor (including, without limitation, the SBI Lender Secured Claim).

  • First, a Class 5 Note shall be issued to the SBI Lender in the principal amount of the Allowed SBI Lender Secured Claim with monthly payments to be made equal to, but not exceeding, the SBI Lender Financing Agreement Payment Schedule ( i.e.,$108,740.00 per month) from the Effective Date through June 1, 2019 in accordance with the SBI Lender Financing Agreement Payment Schedule.

  • Under the Settlement Agreement, the distribution by the Debtors of any proceeds in excess of the Total Allowed Lender Secured Claim Amount will be subject to further Orders of this Court and may very well occur under a plan of reorganization if the net asset disposition proceeds prove adequate to support confirmation of a plan.

  • First, a Class 5 1111(b) Election Note shall be issued to the SBI Lender in the principal amount of the Allowed SBI Lender Secured Claim with monthly payments to be made up to, but not exceeding, the Class 5 1111(b) Election Note Base Calculation amount (i.e., $90,000.00 per month) from the Effective Date through the date that the SBI Lender shall have received payments with a present value equal to the Allowed SBI Lender Secured Claim based on a 4.75% interest rate.

  • Moreover, trade and sustainable development chapters are not binding: breaches of this chapter do not lead to sanctions.

  • The primary objective of the study was to examine the actual experiences of Southern African countries in leveraging the zones as catalysts for private-sector development and inclusive industrialization.


More Definitions of Lender Secured Claim

Lender Secured Claim means any Secured Claim held by any Lender, each of which are allowed Secured Claims pursuant to section 502(a) of the Bankruptcy Code and by confirmation of this Plan.
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Lender Secured Claim means that portion of the Lenders’ Claims that are Secured Claims, subject to the limitations set forth in, and modification in accordance with, the
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Related to Lender Secured Claim

  • Other Secured Claim means any Secured Claim other than an Administrative Claim, Secured Tax Claim, DIP Facility Claim, or Prepetition Credit Agreement Claim.

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Other Secured Claims means any Secured Claim against the Debtors that is not an Administrative

  • 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;

  • Other Priority Claim means any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Administrative Claim means a Claim for costs and expenses of administration of the Estates under sections 503(b), 507(a)(2), 507(b), or 1114(e)(2) of the Bankruptcy Code, including: (a) the actual and necessary costs and expenses incurred on or after the Petition Date of preserving the Estates and operating the businesses of the Debtors; (b) Allowed Professional Fee Claims in the Chapter 11 Cases; and (c) all fees and charges assessed against the Estates under chapter 123 of title 28 of the United States Code, 28 U.S.C. §§ 1911-1930.

  • Secured Tax Claim means any Secured Claim that, absent its secured status, would be entitled to priority in right of payment under section 507(a)(8) of the Bankruptcy Code (determined irrespective of time limitations), including any related Secured Claim for penalties.

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • Unsecured Claim means any Claim that is not a Secured Claim.

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • First Lien Obligations means, collectively, (i) the Credit Agreement Obligations and (ii) each Series of Other First Lien Obligations.

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • Other Priority Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.