Second Lien Loan Claims definition

Second Lien Loan Claims means, collectively, the Claims under the Second Lien Loan Documents.
Sample 1Sample 2
Second Lien Loan Claims means any and all Claims held by the Second Lien Lenders against the Debtors arising under or related to the Second Lien Credit Agreement, whether such Claims are Secured Claims or unsecured deficiency claims pursuant to section 506(a) of the Bankruptcy Code, and which Claims shall be Allowed for all purposes under this Plan in the aggregate amount of $515.1 million. For the avoidance of doubt, the Second Lien Loan Claim shall not include any Claim on account of the Tranche B Roll-Up Loans.
Sample 1Sample 2
Second Lien Loan Claims means any Claim on account of the Second Lien Loans.
Sample 1

Examples of Second Lien Loan Claims in a sentence

  • The sum total of the value of the distributions to be made to the Holders of Allowed Second Lien Loan Claims, as of the Effective Date, will not exceed the aggregate amount of Allowed Second Lien Loan Claims.

  • Second Lien Loan Claims would be entitled to receive interest accruing at the contract rate from the Petition Date through the Effective Date, however, as a settlement and compromise of the Second Lien Loan Claims in exchange for the recoveries proposed in Section 3.4.2(b), Holders of Second Lien Loan Claims shall be deemed to have waived such postpetition interest if their Class votes to accept the Debtor Plan.

  • As of the date hereof, the Debtors estimate that, as of the Effective Date, the total amount of Allowed Second Lien Loan Claims will be approximately$56,087,440.27.

  • The Company has entered into the Lender RSA with certain holders of outstanding Prepetition First Lien Loan Claims as well as certain holders of outstanding Prepetition Second Lien Loan Claims.

  • Having regard to the said suggestions by the committee constituted by the Court, the Indian Red Cross Society constituted a committee of experts to examine the matter and to prepare a draft blue print.

  • On the Effective Date each Holder of any Allowed Second Lien Loan Claims shall receive, in full satisfaction, settlement, release and discharge of and in exchange for such Holder’s Allowed Second Lien Loan Claim, such Holder’s Pro Rata share of (i) Cash in the amount of $268 Million and (ii) the Contingent Value Rights.

  • On the Effective Date (or as soon thereafter as is practicable), Reorganized Aurora shall issue in accordance with the terms of the Plan (including Sections 5.3 and 6.6 hereof), [56] million shares (in the aggregate) of New Aurora Class A Common Stock to the Second Lien Loan Administrative Agent for subsequent distribution on a Pro Rata basis to the Holders of Allowed Second Lien Loan Claims (or such Holder’s affiliate, as provided for in Plan Section 5.3(b)).

  • The Allowed Second Lien Loan Claims will be considered Allowed Claims against (a) Aurora (in its capacity as the borrower under the Second Lien Loan) and (b) HPPC, in its capacity as a Second Lien Loan Guarantor, but the Holders of such Claims will only receive a single distribution thereon under the Plan, which will be in the amount and manner set forth in Plan Section 5.3(b).

  • The Second Lien Loan Claims shall be Allowed in the aggregate principal amount equal to $724,240,770.19.

  • Member States cannot lay down a fixed amount of what they consider to be “sufficient resources”, but must always take into account the personal situation of the person concerned.


More Definitions of Second Lien Loan Claims

Second Lien Loan Claims means any Claims against any Debtor arising under, derived from, or based on the Second Lien Credit Agreement, including any accrued but unpaid interest as of the Petition Date, at the non-default rate under the Second Lien Credit Agreement, which shall (a) be Allowed in an aggregate amount of $724,240,770.19, and (b) shall comprise the Second Lien Secured Claims and the Second Lien Deficiency Claims.​
Sample 1
Second Lien Loan Claims means any and all claims arising under the Second Lien Credit Agreement or Second Lien Loans.
Sample 1

Related to Second Lien Loan Claims

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Prepetition Collateral means the collateral described and defined in the Prepetition Loan Documents, which includes “cash collateral” (within the meaning of Bankruptcy Code § 363(a)), as applicable.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Original Closing Date, among Holdings, the Borrower, as borrower, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent, as such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Prepetition means arising or accruing prior to the Petition Date.