Secured Noteholder Claims definition

Secured Noteholder Claims means the Secured Claims held by the Noteholders.
Sample 1Sample 2Sample 3
Secured Noteholder Claims means the Secured Noteholders’ Secured Claims in the aggregate amount of, as of the Petition Date, $178.4M in principal plus interest and all claims and rights to payment; notwithstanding the foregoing, no Secured Noteholder shall be entitled to any claim or right of payment, whether such claim or right of payment arises or accrues prepetition or post-petition, for professional fees and expenses. Each of the Secured Noteholder Claims is deemed Allowed for purposes of the Plan. Each Secured Noteholder agrees that its sole recovery shall be the Secured Lenders Recovery.
Sample 1

Examples of Secured Noteholder Claims in a sentence

  • Upon receipt or as soon thereafter as practicable, the Senior Secured Notes Trustee is authorized to distribute such amounts to the Holders of Allowed Senior Secured Noteholder Claims pursuant to the terms of the Plan and the Senior Secured Notes Indenture.

  • Notwithstanding the foregoing sentence, the Reorganized Debtors shall have no right of setoff against any holder of Secured Bank Claims or Secured Noteholder Claims.

  • All amounts to be distributed under the Plan by the Debtors to Holders of Allowed Senior Secured Noteholder Claims shall be distributed by the Debtors to the Senior Secured Notes Trustee for distribution in accordance with the Senior Secured Notes Indenture.

  • The Senior Secured Notes Trustee shall retain its lien upon all collateral securing the Senior Secured Noteholder Claims, except for the Liquidating Trust Assets and the Professional Fee Reserve and the Administrative Claims Reserve to the extent each of them may be depleted or distributed to other parties in accordance with the Plan.

  • The Debtors anticipate that the receipt of New Common Stock by the holders of Allowed Secured Bank Claims and Allowed Secured Noteholder Claims will qualify for this exception.

  • On the Effective Date, the Debtors will transfer the Discontinued Operations Assets to the Discontinued Operations Trust on behalf of holders of Allowed Secured Bank Claims and Allowed Secured Noteholder Claims.

  • Class 1 consists of all Secured Bank Claims and Secured Noteholder Claims against the Debtors, as follows: 4.1.1.a Class 1(a) consists of the Secured Bank Claims.

  • The fees and expenses of the Senior Secured Notes Trustee shall be paid in connection with the treatment of Class 3—Senior Secured Noteholder Claims and do not constitute an Administrative Claim under the Plan.

  • The reimbursement claim asserted by Tricon against the Debtors for an amount equal to the positive difference between (i) the aggregate sums paid by Tricon on the Effective Date to the Debtors and for the benefit of the PACA Claims, the Tranche A Lenders Claims, the Tranche B Lenders Claims and the Senior Secured Noteholder Claims, and (ii) the aggregate net proceeds paid to Tricon by the Post-Confirmation Estate in respect of the Encumbered Residual Assets.

  • The distribution(s) from the Post-Confirmation Estate to holders of Allowed Senior Secured Noteholder Claims.

Related to Secured Noteholder Claims

  • 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.

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

  • Senior Noteholders means the holders of the Senior Notes.

  • Senior Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • 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;

  • Senior Noteholder means the Holder of any Senior Note.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Required Noteholders has, with respect to any Series of Notes, the meaning stated in the related Series Supplement.

  • 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.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Secured Notes The Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes.

  • Class E Noteholder means the Person in whose name a Class E Note is registered on the Note Register.

  • Notes Trustee has the meaning assigned to such term in the Recitals to this Agreement.

  • 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.

  • Other Pari Passu Lien Obligations means any Indebtedness or other Obligations permitted under this Indenture having Pari Passu Lien Priority relative to the Notes with respect to the Collateral; provided that an authorized representative of the holders of such Indebtedness shall have entered into, or executed a joinder to, the Pari Passu Intercreditor Agreement.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

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

  • Requisite Noteholders Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Controlling Class.

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Class D Noteholders means the holders of any Class D Notes from time to time.

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

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Class C Noteholders means the holders of any Class C Notes from time to time.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.