Second Lien Claim definition

Second Lien Claim means any Claim derived from or based upon the Second Lien Credit Agreement, including principal amount plus all accrued cash and PIK interest (as defined in the Second Lien Credit Agreement), and reasonable and documented fees and expenses of the Second Lien Administrative Agent and the Second Lien Collateral Agent and their advisors (including, without limitation, the fees and expenses of Milbank, Tweed, Hadley & McCloy LLP, Venable LLP and Blackstone Advisory Services LP) up to the Effective Date, to the extent not previously paid by the Debtors.

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Second Lien Claim means a Claim arising under or in any way relating to the Prepetition Second Lien Notes.

Second Lien Claim means any Secured or unsecured Claim on account of the Second Lien Credit Agreement, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges and obligations.

Examples of Second Lien Claim in a sentence

• Second Lien Claim On the Plan Effective Date, the Sevan Second Lien Claim shall, at the election of the Debtors, be (a) Reinstated or (b) canceled and released without recovery.

• A3 Intercompany Claims On the Plan Effective Date, Claims between Debtors will be Reinstated or released at the election of the Debtors (other than NADL Revolving Loan Claim and the Sevan Second Lien Claim, which shall be treated as set forth in the applicable classes).

• Therefore, each holder of an Allowed Sevan Second Lien Claim in Class F2 will not be entitled to vote to accept or reject the Plan.

• Each holder of an allowed Second Lien Claim will receive its pro rata share of 7.25% of the New Common Equity outstanding on the Plan Effective Date, subject to the Equity Dilution, as described on Exhibit C.

• If holders of Allowed Second Lien Claims vote as Impaired / a class to accept the Plan, on the Plan Effective Entitled to Vote Date, each holder of an Allowed Second Lien Claim shall receive cash in an amount equal to $0.00125 for each $1.00 of Allowed Second Lien Second Lien Claims.

More Definitions of Second Lien Claim

Second Lien Claim means any Claim under, evidenced by, or derived from the Second Lien Facility, including, without limitation, any Claim in respect of any “Obligations” as defined in the Second Lien Credit Agreement.

Second Lien Claim means any Claim against any Company Party on account of the Second Lien Notes, including any guarantee of the Second Lien Notes pursuant to the Second Lien Indenture, all Obligations (as defined in the Second Lien Indenture) arising under the Second Lien Indenture and any costs that are reimbursable by any Company Party pursuant to the Second Lien Indenture.

Second Lien Claim means any Secured or unsecured Claim on account of the Second Lien

Second Lien Claim means any Claim arising under the Second Lien Credit Documents.

Second Lien Claim means any Claim against the Debtors arising on account of the Second Lien Credit Agreement.

Second Lien Claim means any Claim against any Debtor for principal and all accrued and unpaid interest arising from or based upon the Second Lien Notes or the Second Lien Indenture, including all accrued and unpaid interest,; provided that if the Second Lien Indenture Trustee elects to opt out of the Non-Estate Fees payment provisions under Article XII.D.2 of the Plan, the Second Lien Claim shall also include an amount equal to the fees, costs, expenses, indemnities, and other charges thereunderunder the Second Lien Notes or the Second Lien Indenture for purposes of asserting the Charging Lien in favor of the Second Lien Indenture Trustee.

Second Lien Claim means any Claim derived from or based upon the Second Lien Credit Agreement, including principal amount plus all accrued cash and PIK interest (as defined in the Second Lien Credit Agreement), and reasonable and documented fees and expenses of the Second Lien Administrative Agent and the Second Lien Collateral Agent and their advisors (including, without limitation, the fees and expenses of Milbank, Tweed, ▇▇▇▇▇▇ & ▇▇▇▇▇▇ LLP, ▇▇▇▇▇▇▇ LLP and Blackstone Advisory Services LP) up to the Effective Date, to the extent not previously paid by the Debtors.