Examples of Second Lien Claims in a sentence
The Second Lien Claims shall be Allowed in the aggregate amount of $153.2 million, with $50 million of such Allowed Claims to be treated as Secured Second Lien Claims and $103.2 million to be treated as Second Lien Deficiency Claims.
The Second Lien Claims shall be deemed Allowed in the aggregate principal amount of $121.2 million, plus accrued and unpaid interest as of the Petition Date.
Therefore, Holders of Allowed Second Lien Claims are entitled to vote to accept or reject the Plan.
Notwithstanding any provisions of the Plan to the contrary the Prepetition Second Lien Claims will be deemed Allowed General Unsecured Claims in an aggregate principal amount of $85,000,000, plus accrued and unpaid interest, fees, expenses and other obligations arising under the Prepetition Second Lien Loan Agreement and the other Prepetition Second Lien Loan Documents.
The Second Lien Agent and the Holders of Second Lien Claims shall not be required to file proofs of Claim on account of any Second Lien Claims.