New Tranche B Notes definition

New Tranche B Notes means the [9%] junior secured notes due [2009] (to be junior in priority only to New Tranche A Notes) in the amount of $500 million to be issued by the Reorganized Debtor pursuant to the terms of the applicable New Indenture and distributed to holders of Class 3 Claims pursuant to Section 6.1 hereof.
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New Tranche B Notes means indebtedness of PCI Chemicals Canada Company in an aggregate principal amount of $150,000,000 as evidenced by the notes issued by PCI Chemicals Canada Company pursuant to the New Tranche B Notes Indenture.
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New Tranche B Notes means the notes provided for in the form of Indenture annexed to the Disclosure Statement as Appendix "3".
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Examples of New Tranche B Notes in a sentence

  • No: (i) Cash payment of less than $50.00; (ii) Distribution of less than $1,000 face value of New Tranche A Notes; (iii) Distribution of less than $1,000 face value of New Tranche B Notes; or (iv) Distribution of less than [ ] shares of New Common Stock, shall be required to be made to the holder of any Claim.

  • On the later of each Distribution Date and ten (10) Business Days after the date on which a Class 3 Claim becomes an Allowed Class 3 Claim, each holder of an Allowed Class 3 Claim shall receive its Ratable Share of: (a) 100% of the shares of the New Common Stock subject to dilution by the New Stock Option Plan; (b) the New Tranche A Notes; (c) the New Tranche B Notes; and (d) Excess Cash.

  • All instruments and documents required in connection with the issuance of the New Common Stock, the New Tranche A Notes, and the New Tranche B Notes shall have been fully executed.

  • On the Initial Distribution Date or as soon as reasonably practicable thereafter, the Reorganized Debtor shall distribute the New Common Stock, New Tranche A Notes, New Tranche B Notes and the Excess Cash allocable to Allowed Class 3 Claims.

  • On the later of each Distribution Date and ten (10) Business Days after the date on which a Class 3 Claim becomes an Allowed Class 3Claim, each holder of an Allowed Class 3 Claim shall receive its Ratable Share of: (a) 100% of the shares of the New Common Stock subject to dilution by the New Stock Option Plan; (b) the New Tranche A Notes; (c) the New Tranche B Notes; (d) Class 3 Cash; and (e) the Contingent Value Rights.

  • The initial substantial holder notice failed to comply with the requirements of section 671B(4).

  • ROMAGNI P, ROSSI F, GUERRINI L, et al: Aldosterone induces contrac- tion of the resistance arteries in man.

  • Because the Debtor’s circumstances have changed since the filing of the schedules on September 28, 2005, the court will rely on the Debtor’s testimony, 2006 tax returns, and check register to determine her monthly income and expenses.income by $169 each month.4 In fact, the Debtor’s check register demonstrates that her sons provided the Debtor with funds to pay the monthly expenses during the three-month period of time.5 II.

  • The New Tranche B Notes shall be issued in the principal amount of $500 million, have a six-year term, and be secured by substantially all of the Debtor’s assets, but subject and junior to the liens securing the New Tranche A Notes.

  • On the Initial Distribution Date or as soon as reasonably practicable thereafter, the Reorganized Debtor shall distribute the New Common Stock, New Tranche A Notes, New Tranche B Notes, Contingent Value Rights and the Class 3 Cash allocable to Allowed Class 3 Claims.


More Definitions of New Tranche B Notes

New Tranche B Notes has the meaning assigned to such term in the Plan.
Sample 1

Related to New Tranche B Notes

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Class B Notes has the meaning assigned to such term in the Indenture.

  • Series B Notes is defined in Section 1.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Class B Note Rate means % per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • Tranche A Note means a promissory note substantially in the form of Exhibit A-1 made by the Borrower in favor of a Lender evidencing Tranche A Loans made by such Lender, to the extent requested by such Lender pursuant to Section 2.08(e).

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Class B Note means any of the 0.00% Asset Backed Notes, Class B, issued under the Indenture substantially in the form attached thereto as Exhibit A-3.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 3.61% per annum with respect to the Class A Notes.