Term Loan Secured Claim definition

Term Loan Secured Claim means any portion of the Term Loan Obligations.
Sample 1Sample 2Sample 3
Term Loan Secured Claim means any Term Loan Claim that is a Secured Claim.
Sample 1Sample 2Sample 3
Term Loan Secured Claim means any portion of the Term Loan Debt not constituting a Term Loan Deficiency Claim.
Sample 1Sample 2Sample 3

Examples of Term Loan Secured Claim in a sentence

  • In general, to the extent that any exchange consideration received pursuant to the Plan by a U.S. Holder of a Term Loan Secured Claim, IPCo Notes Claim, Ongoing Trade Claim, or Other General Unsecured Claim is received in satisfaction of accrued interest or OID during its holding period, such amount will be taxable to the U.S. Holder as interest income (if not previously included in the U.S. Holder’s gross income).

  • The characterization of the Joinder Right and its subsequent exercise for U.S. federal income tax purposes— as the exercise of an option to acquire an investment unit comprised of a portion of the New Term Loans, New Equity Allocation or New Warrants or, alternatively, as an integrated transaction pursuant to which a portion of the New Term Loans, New Equity Allocation and New Warrants is acquired directly in partial satisfaction of a holder’s Term Loan Secured Claim or IPCo Notes Claim—is uncertain.

  • Another possible characterization is that the receipt and exercise of the Joinder Right could be treated as an integrated transaction pursuant to which a portion of the New Term Loans, New Equity Allocation and New Warrants is acquired directly in partial satisfaction of a holder’s Term Loan Secured Claim or IPCo Notes Claim.

  • If the transactions undertaken pursuant to the Plan constitute a Reorganization a U.S. Holder of an Allowed Term Loan Secured Claim that receives New Gymboree Common Shares and, if applicable, Subscription Rights in satisfaction of such Claim should recognize no gain or loss (or bad debt deduction) if such Claim qualifies as a security.

  • To the extent that the transactions undertaken pursuant to the Plan constitute a Taxable Transaction, a U.S. Holder of an Allowed Term Loan Secured Claim would be treated as exchanging its Claims for the New Gymboree Common Shares and, if applicable, Subscription Rights in a fully taxable exchange under section 1001 of the Tax Code.

  • In fact, perceived healthiness and product likability onlyhad a frequency of two each, meaning it is not a driver of importance to most of the respondents.

  • A U.S. Holder of an Allowed Term Loan Secured Claim who is subject to this treatment should recognize gain or loss equal to the difference between (a) the total fair market value of the New Gymboree Common Shares and Subscription Rights received in exchange for its Allowed Term Loan Secured Claim (subject to “Accrued Interest” discussed in Article XVI.C.8 herein) and (b) the U.S. Holder’s adjusted tax basis in its Allowed Term Loan Secured Claim.

  • If recognized gain is capital gain, it generally would be long-term capital gain if the U.S. Holder held its Allowed Term Loan Secured Claim for more than one year at the time of the exchange.

  • A U.S. Holder of a Prepetition Term Loan Secured Claim generally will be treated as having exchanged its Prepetition Term Loan Secured Claim for its Pro Rata Share of the New Units in an exchange governed by Section 721 of the Tax Code in which no gain or loss is realized (except as described below in “—Accrued Interest”).

  • If the Asset Sale Restructuring occurs, each Holder of an Allowed Term Loan Secured Claim shall receive its Pro Rata share of the Distribution Proceeds available for distribution to Holders of Allowed Term Loan Secured Claims from time to time as provided in Article VIII.G hereof, until such Allowed Term Loan Secured Claims are paid in full.


More Definitions of Term Loan Secured Claim

Term Loan Secured Claim means any Claim derived from, based upon, or secured by the Term Loan Credit Agreement.
Sample 1Sample 2Sample 3
Term Loan Secured Claim means any Term Loan Claim, or portion thereof, that is Secured.
Sample 1Sample 2Sample 3
Term Loan Secured Claim means that portion of the Claim asserted by the Term Loan Agent for the benefit of the Term Loan Lenders, as may be Allowed, to the extent of the value of the Term Loan Agent’s asserted interest in Collateral to secure such Allowed Claim.
Sample 1Sample 2Sample 3
Term Loan Secured Claim means any Secured Term Loan Claim, which shall equal no more than the amount of the Term Loan Claims less the sum of the Allowed Surcharge and the Recharacterized Principal; provided that the Term Loan Secured Claim shall not be less than the amount of the Term Loan B Claims.
Sample 1Sample 2
Term Loan Secured Claim means any Claim derived from or based upon the Term Loans, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges and obligations pursuant to the Credit Agreement and Financing Orders, as well as the adequate protection claims granted by any of the Financing Orders.
Sample 1
Term Loan Secured Claim means any Claim against any of the Debtors on account of the Term Loan Credit Agreement, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges and obligations.
Sample 1

Related to Term Loan Secured Claim

  • Term Loan Secured Parties means the “Secured Parties” as defined in the Term Loan Credit Agreement.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Secured Claim means a Claim: (a) secured by a valid, perfected, and enforceable Lien on collateral to the extent of the value of such collateral, as determined in accordance with section 506(a) of the Bankruptcy Code or (b) subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code.

  • Term Loan Claims means the Claims arising in respect of the term facility under the Credit Agreement.

  • Allowed Secured Claim means all or that portion of a Secured Claim which is an Allowed Claim.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Second Lien Secured Parties means, at any relevant time, the holders of Second Lien Obligations at such time, including without limitation the Second Lien Lenders and the agents under the Second Lien Credit Agreement.

  • Other Priority Claim means any Claim other than an Administrative Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.