Examples of Noteholder Committee in a sentence
Except as provided in Section 9.3 below, any one or more of the following conditions may be waived at any time by the Debtors with the consent of the Creditors’ Committee and the Secured Noteholder Committee.
In addition, the Liquidation Trust Supervisory Board will consist of five members—three selected by the Unsecured Creditors’ Committee, and one each selected by the Noteholder Committee and the Unitholder Committee.
In advance of the Final DIP Hearing and following months of extensive negotiations with the Unsecured Creditors’ Committee, the Noteholder Committee, the Unitholder Committee, the SEC, and the United States Trustee, the Debtors Filed a form of proposed final order that resolved the concerns of all major constituencies with respect to the DIP Motion.
The Debtors and their new management and advisors have worked diligently with all of the creditor representatives—the Unsecured Creditors’ Committee, the Noteholder Committee, and the Unitholder Committee—to ensure that investors can recover as much money as possible, and that the Debtors’ funds are not squandered by years of litigation between and among the Debtors’ creditor constituencies.
The proposed Liquidation Trustee, Mr. Michael Goldberg, was the SEC’s designee to, and is a current member of, the Debtors’ New Board of Managers, and he was unanimously selected to be the Liquidation Trustee by the UnsecuredCreditors’ Committee, the Noteholder Committee, and the Unitholder Committee.