Second Lien Claim definition

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

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.

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

• Impaired / Entitled to Vote Class 5 Second Lien Claims If holders of Allowed Second Lien Claims vote as a class to accept the Plan, on the Plan Effective 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 Claims.

• Second Lien Claim will be released and extinguished, and each holder of an Allowed Second Lien Claim will receive, in full and final satisfaction of such Allowed Second Lien Claim, its pro rata share (based on such holder’s proportionate share of all Allowed Second Lien Claims and Unsecured Funded Debt Claims) of: • the Class 4 and 5 New TopCo Equity; and • 99% of the Class B Interests.

• Each Investor or Ultimate Purchaser agrees that any transfer of any Existing Second Lien Claim that does not comply with the terms and procedures set forth in this Section 2(i)(ii) shall be deemed void ab initio.

• 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.

• All distributions to Prepetition Second Lien Claim Beneficiaries will be made to, or in accordance with the written instructions of, the Prepetition Second Lien Agent.

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 Secured or unsecured Claim on account of the Second Lien

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 Claim arising under the Second Lien Credit Documents.

Second Lien Claim means a Claim arising under the Senior Credit Facility and owed to a Second Lien Lender, including, without limitation, all accrued and unpaid interest, fees, and expenses, and other obligations owed to a Second Lien Lender under the Senior Credit Agreement. The Second Lien Claim of a Second Lien Lender that owns non-US dollar denominated securities, shall be Allowed in US dollars using the exchange rate in effect on the Petition Date.

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.