Secured Note Claims definition

Secured Note Claims means the Claims evidenced by (i) the notes issued by Holdings pursuant to the Holdings Indenture, (ii) the notes issued by Parent pursuant to the Parent Indenture and (iii) the notes issued by Marvel III pursuant to the Marvel III Indenture, in each case to the extent secured pursuant to section 506 of the Code.

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Secured Note Claims means any Claim arising under or on account of the Secured Notes.

Secured Note Claims means all Claims against any Debtor arising from or based upon the Note Purchase Agreement and other Note Documents, including, without limitation, all principal, and all accrued but unpaid interest, costs, fees, exit fees, premiums, and indemnity.

Examples of Secured Note Claims in a sentence

This Agreement shall terminate automatically without any further required action or notice on the earlier to occur of (i) the Plan Effective Date, (ii) the date on which the Consenting Creditors represent less than 20% of the aggregate principal amount of Senior Secured Note Claims, (iii) the conversion of the Chapter 11 Case to a case under chapter 7 of the Bankruptcy Code, or (iv) the dismissal of the Chapter 11 Case.
Other Secured Claims Secured claims, other than Senior Secured Note Claims and Subordinate Secured Note Claims (the “Other Secured Claims”).
In the event of a Sale or any other disposition of some or all of the Company or some or all of its assets, then holders of DIP Claims and Senior Secured Note Claims shall be entitled to credit bid the full amount of their Claims in accordance with sections 6.4 and 15.11 of the DIP Credit Agreement, the Final DIP Order, and the Bankruptcy Code.
The Senior Secured Notes have been issued to the holders of Old 12 3/8% Secured Note Claims on or prior to the Closing Date in accordance with and pursuant to the terms of the Plan of Reorganization and the Indenture.
Subject to the terms and conditions of the Plan, the Company shall issue the New SCI Notes to the holders of Old 12-3/8% Secured Note Claims and shall issue the New UC Notes to the holders of Allowed General Unsecured Claims, Old Unsecured Note Claims and Self-Insured Tort Claims.
If the class of Senior Secured Note Claims votes in favor of the Plan, then the holders of Senior Secured Note Claims that are QIBs or Accredited Investors shall be entitled to invest up to an additional $346.8 million on a pro rata basis, the proceeds of which shall be used to purchase DIP Term Loan Claims at par.
Each investor’s participation in the DIP Term Loan Refinancing Investment Option shall be capped at its pro rata share of Senior Secured Note Claims.
The Supporting Noteholder agrees that, for the duration of the Support Period, the Supporting Noteholder shall not convert any Convertible Notes to equity of VIVUS; provided, that notwithstanding anything to the contrary in this Section 3(b), the Supporting Noteholder shall not be restricted from purchasing or acquiring any Claims against the Company (including the Secured Note Claims (as defined in the Term Sheet)).
Senior Secured Note Claims Allowed Senior Secured Note claims shall be unimpaired.
All holders of Allowed secured claims, other than Prepetition ABL Credit Facility Claims and Senior Secured Note Claims (as defined below), if any, shall not be impaired by the Plan, with holders of such claims (in such capacity) being deemed to have accepted the Plan and not entitled to vote.

More Definitions of Secured Note Claims

Secured Note Claims. Unless otherwise agreed in writing amongst the Company, the Supporting Noteholder and the Secured Noteholders prior to the Petition Date (as defined below): · If the class of Secured Note Claims votes to accept the Plan and provide the releases and exculpations therein, the Secured Noteholders shall receive payment of outstanding principal, interest and reasonable expenses on the Effective Date, but shall be deemed to have expressly waived the right to recover, and shall not receive any distribution on account of, any penalty, fee or premium under the Secured Notes for redemption, change of control or otherwise. · If the class of Secured Note Claims does not vote to accept the Plan and provide the releases and exculpations therein, the Secured Noteholders shall, at the option of Supporting Noteholder receive new secured notes subordinate to the Exit Facility in an amount, tenor, term and rate acceptable to the Company and the Supporting Noteholder and approved by the Bankruptcy Court (the “New Notes”).

Secured Note Claims comprising indebtedness issued under that certain Indenture, dated as of July 20, 2018 (as amended and supplemented by that certain Supplemental Indenture, dated as of December 15, 2023, the First Supplemental Indenture, dated as of February 28, 2024, and as further amended, restated, amended and restated, supplemented, restructured or otherwise modified, renewed or replaced from time to time, the “Indenture”, by and among CalAmp Corp. (the “Notes Issuer”), BNYM, as trustee and U.S. Collateral Agent and The Bank of New York Mellon, as the UK Collateral Agent (the “Secured Notes”), consisting of claims in a principal amount of $230,000,000 (together with all interest, fees, premiums, expenses, costs, reimbursement obligations, hedging obligations, and other charges arising thereunder or related thereto, the “Secured Note Claims”); •all General Unsecured Claims; •Existing Equity: comprising the outstanding Interests in CalAmp (the “Existing Equity”).

Secured Note Claims means any Claims held by the Consenting Secured Noteholders under the Loan and Security Agreement.

Secured Note Claims means all Claims against any Debtor related to, arising out of, or in connection with, the Secured Notes and the Indenture, other than Claims payable pursuant to Section 2.4.

Secured Note Claims means Class A Notes Claims and Class B Notes Claims, individually and in the aggregate.