Examples of Second Lien Holders in a sentence
Cham‐ blee, Reducing Battles Between First and Second Lien Holders Through Intercreditor Agreements: The Role of the New ABA Model Intercreditor Agreement Task Force, 12N.C. BANKING INST.
All final requests for payment of Professional Fees incurred prior to the Effective Date must be filed with the Bankruptcy Court and served on Reorganized MACH Gen no later than forty-five (45) days after the Effective Date, unless Reorganized MACH Gen, with the consent of the Majority Second Lien Holders, agrees otherwise in writing.
Pursuant to section 510 of the Bankruptcy Code, Reorganized MACH Gen reserves the right to re-classify, with the consent of the Majority Second Lien Holders, any Allowed Claim or Interest in accordance with any contractual, legal, or equitable subordination relating thereto.
Id. After a June 24, 2014 Bloomberg report noted that Second Lien Holders planned to testify at the hearing, the hearing was rescheduled for July 24, 2014.
In addition, the Calpine Second Lien Holders have a second priority lien on the Calpine Corp.