Examples of OCM Facility in a sentence
Therefore, holders of Class 5 OCM Facility Secured Claims are entitled to vote to accept or reject the Plan.
OCM Facility Secured Claims shall be Allowed and deemed to be Allowed in an amount of no less than $175,000,000.
In full and final satisfaction, settlement, release and discharge of and in exchange for each Allowed OCM Facility Secured Claim, each holder of an OCM Facility Claim shall receive a Pro Rata share of the OCM Conversion Shares.
Each holder of an Allowed Class 7 Claim (other than a holder of an OCM Facility Deficiency Claim) shall receive its Pro Rata share of the Unsecured Creditor Distribution, distributable from the Unsecured Creditor Distribution Escrow Account in accordance with the terms hereof.
In full and final satisfaction, settlement, release and discharge of and in exchange for each Allowed OCM Facility Secured Claim, each holder of an OCM Facility Claim shall receive a Pro Rata share of the OCM Conversion Shares, subject to dilution from the New GMR Warrants, the Commitment Fee GMR Warrants and the New GMR Common Stock issuable under the Equity Incentive Program.
Class 7A-1 consists of General Unsecured Claims against GMR held by Eligible Holders and holders of OCM Facility Deficiency Claims.
Each holder of an Allowed Class 7A-1 Claim (other than a holder of an OCM Facility Deficiency Claim) shall receive its Pro Rata share of the New GMR Warrants.
The consideration provided under this Article shall be the sole source of recovery for the Allowed Class Senior Note Claims and the OCM Facility Deficiency Claims and holders of Allowed Senior Note Claims and the OCM Facility Deficiency Claims shall have no recourse against any Non-Debtor Guarantor Subsidiaries and shall have been deemed to waive any and all Claims against any Non-Debtor Guarantor Subsidiaries.
Each holder of an Allowed Class 7B-1 Claim (other than a holder of an OCM Facility Deficiency Claim) shall receive its Pro Rata share (determined with respect to all Allowed General Unsecured Claims against the Guarantor Debtors held Eligible Rights Offering Offerees, provided that the amount of the Senior Note Claims shall only be counted as against a single Guarantor Debtor solely for the purposes of determination of Pro Rata share) of (i) the Rights and (ii) the Oversubscription Rights (as applicable).
Except as would not result in material Liability to the Combined Company, no underground storage tanks and no Hazardous Materials are present, as a result of the actions of Corning, or its Subsidiaries or any affiliate of Corning, or, to the Knowledge of Corning, as a result of any actions of any third party or otherwise, in, on or under any Corning OCM Facility.