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.

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

• Distributions in respect of the Secured Note Claims shall be subject in all respects to the right of the Secured Note Trustee to assert a charging lien, if any, against such distributions if the obligations of payment owed to the Secured Note Trustee are not satisfied.

• Notwithstanding any provision of the Plan to the contrary, distributions to holders of Secured Note Claims shall be made to or at the direction of the Secured Note Trustee, which shall, to the extent directed, act as disbursing agent for distributions to the holders of Secured Note Claims and may transfer such distributions by the Debtors (as applicable) to the holders of Secured Note Claims as directed.

• On the Effective Date and simultaneously with Steps 5 and 6 above, EIG contributes its ROC Secured Note Claims to ROC in exchange for Reorganized ROC Units.

• During the New Jersey Action, Mac Naughton formed Casco Bay Holdings, LLC to “preserve [his] ability to collect legal fees for the time I expect to devote to prosecuting the Secured Note Claims as attorney for Casco Bay.” (09 C 5450, R.

• Note: This condition has been added to be consistent with Project Approval 08_0203.

• As of the Effective Date, the Senior Secured Note Claims shall be Allowed, and deemed to be Allowed Claims, in the aggregate amount of $4,879,298.

• The equity in the reorganized ROC (“ Reorganized ROC”) will be distributed, directly or indirectly, as follows: –The Secured Noteholders will receive 68.60% of the equity in Reorganized ROC on account of the ROC Secured Note Claims (as defined in the Plan).

• Estimated as $1.017bn of 15.0% Secured Note Claims and $92 million of PMCA claims.

• The MHR Notes are secured on an equal and ratable basis with the Senior Secured Notes.The obligations with respect to the Senior Secured Note Claims and the MHR Note Claims are treated in Class 4 of the Plan.

• As a result of the 2002 financial restructuring, the Stub Notes are subordinated to all existing and future senior indebtedness (other than the Subordinated Notes), including the Senior Secured Note Claims and MHR Note Claims.

More Definitions of Secured Note Claims

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

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.