Examples of Old Notes Indentures in a sentence
Unless the First Lien Notes Indenture, the Second Lien Notes Indenture, or the Old Notes Indentures provide otherwise, the following terms shall govern the delivery of distributions and undeliverable or unclaimed distributions with respect to Claims and Interests.
As part of Company’s efforts to meet financial commitments, the Company is conducting an Invitation for Irrevocable Restructuring Support to provide increased flexibility to operations, alleviate cashflow pressure, waive certain restrictions under the Old Notes Indentures in order to implement the Restructuring and manage default risk.
The Requisite Consents for a given series of Old Notes must be received in order for the applicable terms of such notes and the Old Notes Indentures to be amended.
Adoption of the Proposed Amendments will result in such Holders not enjoying the protection of covenants and events of default in the Old Notes Indentures.
Cancellation of Old Notes Indentures: Except for purposes of effectuating the distributions under the Plan on the Effective Date and to allow the Indenture Trustees to retain all charging liens pursuant to the terms of the Old Notes Indentures with respect to distributions under the Plan, the Old Notes Indentures shall be cancelled.
On the Effective Date, except to the extent provided otherwise in the Plan, any indenture relating to any of the foregoing, including, without limitation, the Old Notes Indentures shall be deemed to be canceled, as permitted by section 1123(a)(5)(F) of the Bankruptcy Code.
Nothing herein affects the Indenture Trustees' rights pursuant to their respective Old Notes Indentures and applicable non-bankruptcy law to assert liens on any distributions hereunder to the holders of the notes issued pursuant to such Old Notes Indentures, to secure payment of its fees and expenses.
In fact, rival HCRs were evaluated using two criteria (Wade, 1998): there should be a 95% probability that any population, regardless of its current size, will no longer be depleted after 100 years, and there should be a similar probability that a population that is not currently depleted will remain so for at least 20 years.
Notwithstanding the provisions of Article V.E of the Modified Plan regarding cancellation of the Old Notes Indentures, the distribution provisions of the Old Notes Indentures shall continue in effect to the extent necessary to authorize the Exchange Agent to receive and distribute to Holders of Allowed Old Notes Claims distributions received by the Exchange Agent pursuant to the Modified Plan on account of Allowed Old Notes Claims and shall terminate completely upon completion of all distributions.
Except as otherwise provided in the Plan, the Debtor, on the one hand, and the Indenture Trustee, on the other hand, will be released from any and all obligations under the Old Notes Indentures except with respect to the distributions required to be made to the Indenture Trustee as provided in the Plan or the Disbursing Agency Agreement or with respect to such other rights of the Indenture Trustee that, pursuant to the terms of the Old Notes Indentures, survive the termination of the Old Notes Indentures.