Examples of Senior Subordinated Note Claim in a sentence
No Holder of a Senior Subordinated Note Claim shall receive any distribution on account of such Senior Subordinated Note Claim, and all Senior Subordinated Note Claims shall be extinguished.
Each record Holder of a Senior Subordinated Note Claim shall be deemed to have surrendered the certificates or other documentation underlying each such Claim, and all such surrendered certificates and other documentations shall be deemed to be canceled pursuant to Article IV.F hereto, except to the extent otherwise provided herein.
In order to facilitate the election by Noteholders not to receive Senior Subordinated Note Holder BAWAG Proceeds (the "Noteholder Election"), the Debtors shall mail or cause to be mailed the BAWAG Opt-Out Election Form to each holder of a Senior Subordinated Note Claim determined as of the Record Date, together with appropriate instructions for the proper completion, due execution and timely delivery of the BAWAG Opt-Out Election Form.
Any distribution of New Senior Notes and shares of New Common Stock to any of the Indenture Trustees shall be deemed a distribution to the respective holder of an Allowed Senior Note Claim or an Allowed Senior Subordinated Note Claim.
Subject to the limitations set forth herein, each holder of an Allowed Senior Subordinated Note Claim in Class 8 or an Allowed Other General Unsecured Claim in Class 9 shall have the right to elect to receive Cash in lieu of New Common Stock to be distributed to such holder pursuant to Sections 4.8(a)(i) or 4.9(a)(i)(C) hereof at a price of $22.50 per share.