Examples of Second Lien Notes Claim in a sentence
Each Holder of an Allowed Second Lien Notes Claim shall receive its Pro Rata share of 95% of the New DNR Equity, subject to dilution by the Warrants and the Management Incentive Plan.
Each Holder of an Allowed Prepetition Second Lien Notes Claim will be entitled to vote to accept or reject the Plan.
Under Article III.B of the Plan, each Holder of an Allowed Prepetition Credit Agreement Claim, Allowed Secured First Lien Notes Claim, Allowed Second Lien Notes Claim, Allowed Subsidiary Guaranteed Notes Claim, Allowed Senior Unsecured Notes Claim, Allowed Disputed Unsecured Claim, Allowed Undisputed Unsecured Claim, or Allowed Insurance Covered Unsecured Claim will receive at least a portion of its recovery in the form of New CEC Common Equity.
To the extent that any amount received by a U.S. Holder of an Allowed Second Lien Notes Claim is attributable to accrued but unpaid interest (including accrued original issue discount (“OID”)) on the debt instruments constituting the surrendered Claim, the receipt of such amount should be taxable to the U.S. Holder as ordinary interest income (to the extent not already taken into income by the U.S. Holder).
Each Holder of an Allowed Second Lien Notes Claim is entitled to vote its Pro Rata share of the Second Lien Notes Claims to accept or reject the Plan.