Examples of Prepetition Second Lien Notes in a sentence
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Final DIP Order.- 2 -the Prepetition Second Lien Notes Trustee, as applicable, or (iii) any such later date as has been ordered by the Court for cause upon a motion filed and served within the Challenge Period.
Paragraph 23 of the Final DIP Order provided that the Committee must bring a Challenge by no later than (i) March 6, 2019, (ii) any such later date as has been agreed to, in writing, by the Prepetition First Lien Notes Trustee (with the consent of the Required Holders) or the Prepetition Second Lien Notes Trustee, as applicable, or (iii) any such later date as has been ordered by the Court for cause upon a motion filed and served within the Challenge Period.
The Prepetition Second Lien Notes currently are in default, but the Prepetition Second Lien Trustee has not sought to accelerate.
The Prepetition Second Lien Notes are publicly held and secured by a second priority lien on the Prepetition First Lien Collateral.
To the extent the Prepetition Administrative Agent or the Prepetition Second Lien Notes Trustee effectuates, or is requested to effectuate, any distributions hereunder, the Prepetition Administrative Agent and the Prepetition Second Lien Notes Trustee shall be deemed a “Disbursing Agent” for purposes of the Plan.