Examples of OpCo RCF in a sentence
Holders of OpCo RCFClaims seek default rate postpetition interest, however, and the Reorganized Debtors estimate that the amount of default rate postpetition interest still sought (the Disputed OpCo RCF Claims) is approximately $66.8 million (assuming a payment date of October 6, 2017).
The Employees’ Retirement System of Alabama group health insurance continuation policy is designed to help employees continue their health insurance after retirement.
In an exercise of their business judgment, the Reorganized Debtors would prefer to pay the OpCo RCF Claims using the Reserve Funds, under protest and with the right to recoup those funds if the appeal is successful, rather than to risk accruing default rate interest on these claims for the time of the appeal which could be, on average, 19 months.
Plan § 1.87.The Debtors therefore request that this Court enter the attached Order, which includes authorization for the Reorganized Debtors to pay the Disputed OpCo RCF Claims under protest, with the right to recoup them if the appeal is successful, using part of the Reserve Funds.
The details about the balanced force algorithm and curvature are described in Herrmann (2006).
Each holder of an Election OpCo Note Claim or Election OpCo RCF Claim will be entitled to vote to accept or reject the Plan.
The Allowance of any other asserted components of the OpCo Funded Debt Claims including, without limitation, the Make-Whole Amount, a different rate of postpetition interest, and any and all fees and expenses due under the OpCo Notes MNPA, the OpCo Notes, or the OpCo RCF, if any, shall be determined by a Final Order of the Bankruptcy Court.
Class 5 consists of all Election OpCo Note Claims and Election OpCo RCF Claims.
Moreover, because the OpCo Group, whose holders also hold OpCo RCF Claims, is not seeking a determination of the appropriate rate of postpetition interest due under the OpCo RCF at this time, determining the appropriate rate of postpetition interest due on the OpCo Notes at this time would still require the Court to determine the appropriate rate of postpetition interest on the OpCo RCF in connection with the April 20, 2017 hearing.
Each holder of a Non-Election OpCo Note Claim or Non- Election OpCo RCF Claim will be entitled to vote to accept or reject the Plan.