Examples of Second Lien Term Loan Claim in a sentence
Each Holder of an Allowed Second Lien Term Loan Claim shall receive, in full and final satisfaction of such Claim, its Pro Rata share of 4.25% of the New Common Stock issued pursuant to the Plan on the Effective Date, subject to dilution on account of the Management Incentive Plan.
Except to the extent that a Holder of an Allowed Second Lien Term Loan Claim agrees to a less favorable treatment of its Allowed Claim, in full and final satisfaction, settlement, release, and discharge of and in exchange for each Second Lien Term Loan Claim, each Holder of an Allowed Second Lien Term Loan Claim shall receive its Pro Rata share of 29% of the New Common Stock in Reorganized Blackhawk.
Other Secured Claim Any secured claim that is not an A/R Facility Claim, a First Lien Term Loan Claim, a Second Lien Revolving Loan Claim, a Second Lien Term Loan Claim, a Second Lien Notes Claim, a Third Lien Term Loan Claim, or a Third Lien Notes Claim.
Each Holder of an Allowed Class 7 Second Lien Term Loan Claim who elects the Second Lien Term Loan Equity Election shall receive its Plan distribution in New Common Units and Rights (i) from the Debtors on the Effective Date or (ii) from the Purchaser as soon as reasonably practicable after the Effective Date.
However, we can question the extent to which guidelines and formal reports will assure the safer development and operation of these innovations.