Second Lien Notes Deficiency Claims definition

Second Lien Notes Deficiency Claims means any deficiency Claims held by the Prepetition Second Lien Noteholders.
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Second Lien Notes Deficiency Claims means any unsecured Claims arising under the Second Lien Notes.
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Second Lien Notes Deficiency Claims means any unsecured Claims arising under the Second LienNotes.
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Examples of Second Lien Notes Deficiency Claims in a sentence

  • The projected amount of all Funded-Debt General Unsecured Claims and Non-Funded Debt General Unsecured Claims excludes approximately $3.20 billion to $3.67 billion of Deficiency Claims on account of 2019 Term Loan Deficiency Claims, 2028 Debentures Deficiency Claims, Second Lien Notes Deficiency Claims, and Third Lien Notes Deficiency Claims, which are effectively proposed to be waived as part of the Disinterested Manager Settlement.

  • For the avoidance of doubt, the Second Lien Notes Deficiency Claims shall not participate in any recoveries or distributions to the Holders of Allowed General Unsecured Claims.

  • In addition, holders of Allowed Cobalt General Unsecured Claims that are not Second Lien Notes Deficiency Claims shall also receive their Pro Rata share of the Cobalt GUC Settlement Amount.

  • Specifically, the unencumbered Net Cash is considered part of the “Subsidiary General Unsecured Claims Recovery,” from which Whitton, holders of the Second Lien Notes Deficiency Claims, and holders of any Intercompany Claims against Cobalt LP share Pro Rata.

  • For the avoidance of doubt, (i) Second Lien Notes Deficiency Claims shall not participate in the GUC Recovery Reserve and (ii) the GUC Recovery Reserve shall not be used to fund any costs and expenses related to administration of the Plan or winding down of the Chapter 11 Cases other than as set forth in Article IV.D.5 of the Plan.

  • For the avoidance of doubt, Allowed Second Lien Notes Deficiency Claims shall share Pro Rata in the Cobalt General Unsecured Claim Recovery.


More Definitions of Second Lien Notes Deficiency Claims

Second Lien Notes Deficiency Claims means that portion of the Second Lien Notes Claims that are not the Second Lien Notes Secured Claims.
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Second Lien Notes Deficiency Claims means any deficiency Claims held
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Related to Second Lien Notes Deficiency Claims

  • First Lien Notes means the 8.000% first lien secured notes due April 1, 2027, issued by Frontier pursuant to the First Lien Notes Indenture.

  • Second Lien Notes Documents means the Second Lien Notes Indenture, the Second Lien Notes and all other agreements, instruments and other documents pursuant to which the Second Lien Notes have been or will be issued or otherwise setting forth the terms of the Second Lien Notes.

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “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” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Deficiency Claim means any portion of a Claim (a) to the extent the value of the holder’s interest in Assets securing such Claim is less than the amount of such Claim or (b) to the extent the amount of a Claim is subject to setoff is less than the amount of the Claim, each as determined by § 506(a) of the Bankruptcy Code.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Second Lien Noteholders means the holders of Second Lien Notes.

  • Second Lien Note Documents means the Second Lien Notes, the Second Lien Notes Indenture and the Second Lien Security Documents.

  • Deficiency Claim Date means, with respect to any Distribution Date, the fourth Business Day immediately preceding such Distribution Date.

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.

  • First Lien Indebtedness means the Indebtedness under the First Lien Indebtedness Documents.

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • First Lien Notes Indenture means that certain Indenture, dated as of March 15, 2019, by and among Frontier, as issuer, the subsidiary guarantors party thereto, JPMorgan Chase Bank, N.A., as collateral agent, and The Bank of New York Mellon, as trustee, as amended, supplemented, or modified from time to time.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Senior Priority Obligations means the Original First Lien Obligations and any Additional Obligations constituting Senior Priority Debt.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture, the Senior Secured Notes Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any security document relating to the Senior Secured Notes and/or the Senior Secured Notes Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Second Lien Notes Indenture has the meaning set forth in the recitals hereto.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • First Lien With respect to any second lien Mortgage Loan, the mortgage loan relating to the corresponding Mortgaged Property having a first priority lien.

  • Senior ABL Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Second Lien Debt means the Indebtedness and guarantees thereof now or hereafter incurred pursuant to the Second Lien Loan Documents.

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • Permitted Unsecured Refinancing Debt means Credit Agreement Refinancing Indebtedness in the form of unsecured Indebtedness (including any Registered Equivalent Notes) incurred by the Borrower in the form of one or more series of senior unsecured notes or loans; provided that (i) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness and (ii) meets the Permitted Other Debt Conditions.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.