Examples of Prepetition Secured Notes in a sentence
If corrective actions are taken as specified in Section 16-6, the monitored exceedance is not a violation of the operational requirements in this Section.
The Debtors believe that all Holders of the Allowed Prepetition Secured Notes Claims that are entitled to receive New Common Stock under the Plan are qualified institutional buyers or accredited investors.
Because it is anticipated the interests in the New Take-Out Facility (to the extent the Company incurs such facility) and New Common Stock distributed to the Holders of DIP Facility Claims and Allowed Prepetition Secured Notes Claims, respectively, should be treated as having an aggregate value that is less than the adjusted issue price of such refinanced or cancelled debt, Reorganized Gibson should generally realize COD Income from the cancellation.
Notwithstanding the foregoing, distributions to the DIP Lenders and beneficial holders of Prepetition Secured Notes shall be made to the DIP Agent and the Prepetition Indenture Trustee, respectively.
On the Effective Date, all Liens securing the Allowed Prepetition Secured Notes Claims shall be automatically released, terminated, void and of no further force or effect.