Examples of Secured Notes Claim in a sentence
Pursuant to section 510 of the Bankruptcy Code, the Debtors reserve the right to reclassify any Allowed Claim (other than any Allowed Revolving Facility Claims, DIP Facility Claims, Allowed Secured Notes Claim or Allowed Unsecured Notes Claim) or Interest in accordance with any contractual, legal, or equitable subordination relating thereto.
In full and final satisfaction of each Allowed Secured Notes Claim (other than DIP Fee Claims), each Holder of an Allowed Secured Notes Claim (other than DIP Fee Claims) shall receive its Pro Rata share of the Post-Effective Date Equity Distribution, if any, allocated to the Secured Notes Claims based upon the outcome of the Lien-Related Litigation, which allocation shall be consistent with, as applicable, the priorities set forth in sections 1129(b) and 726 of the Bankruptcy Code.
On the Effective Date, each Allowed Subsidiary Secured Notes Claim shall be Reinstated.
In full and final satisfaction, settlement, release, and discharge of and exchange for each Allowed Senior Secured Notes Claim, each Holder of an Allowed Senior Secured Notes Claim shall receive its Pro Rata share of (i) New Shares and (ii) New Warrants.
If a Holder of a Senior Secured Notes Claim is a partnership (including any entity treated as a partnership for U.S. federal income tax purposes), the treatment of a partner in the partnership will depend on whether the partner is a Non-U.S. Person and the extent of the partnership’s activities in the United States.