Examples of Other Sevan Debtors in a sentence
For administrative convenience, the holders of Credit Agreement Claims against NADL and the Other NADL Debtors and Sevan and the Other Sevan Debtors have agreed to accept participation in the Amended NADL Credit Facility and Amended Sevan Credit Facility, as applicable, in lieu of any entitlement to receive the New NADL Common Shares and New Sevan Shares and consent to the issuance of such shares to the Reorganized Debtors in accordance with the Description of Transaction Steps.
Subject to Article III.D of the Plan, the following chart represents the classification of certain Claims against, and Interests in, Other Sevan Debtors pursuant to the Plan.
Holders of Interests in Other Sevan Debtors are conclusively presumed to have accepted the Plan under section 1126(f) of the Bankruptcy Code.
Class G1 consists of all Claims against Other Sevan Debtors arising under the Prepetition Sevan Credit Agreement.
Holders of Allowed General Unsecured Claims against Other Sevan Debtors are conclusively presumed to have accepted the Plan under section 1126(f) of the Bankruptcy Code.
Class G1 — Credit Agreement Claims against Other Sevan Debtors (a) Classification: Class G1 consists of all Claims against Other Sevan Debtors arising under the Prepetition Sevan Credit Agreement.
Class G2 — General Unsecured Claims against Other Sevan Debtors (a) Classification: Class G2 consists of all General Unsecured Claims against Other Sevan Debtors.
Class G3 — Interests in Other Sevan Debtors (a) Classification: Class G3 consists of all Interests in Other Sevan Debtors.
General Unsecured Claims against Other Seadrill Debtors, Other NADL Debtors, Other Sevan Debtors, and AOD Debtors shall, at the election of the applicable Debtor, be (a) Reinstated or (b) paid in full in cash.
Holders of Allowed General Unsecured Claims against Other Sevan Debtors are conclusively presumed to have accepted the Plan 4 “Extinguished” in this paragraph means the extinguishment of economic interests pursuant to Bermuda Law.