Third Lien Notes Deficiency Claims definition

Third Lien Notes Deficiency Claims means the portion of the Third Lien Notes Claims constituting unsecured Claims under section 506(a) of the Bankruptcy Code, which, for the avoidance of doubt, shall constitute General Unsecured Claims in Class 7. The Third Lien Notes Deficiency Claims shall be Allowed in an amount: (a) stipulated by the Debtors and the Requisite Cross-Over Noteholders and approved by the Bankruptcy Court, after notice and an opportunity for a hearing, which approval may be set forth in the Plan or Confirmation Order; or (b) otherwise determined by the Bankruptcy Court, including in connection with Confirmation, after notice and an opportunity for a hearing.
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Third Lien Notes Deficiency Claims means any unsecured Claim of a Holder of Third Lien Notes Claims arising under the Third Lien Notes Documents.
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Examples of Third Lien Notes Deficiency Claims in a sentence

  • The projected amount of all Funded-Debt General Unsecured Claims and Non-Funded Debt General Unsecured Claims excludes approximately $3.20 billion to $3.67 billion of Deficiency Claims on account of 2019 Term Loan Deficiency Claims, 2028 Debentures Deficiency Claims, Second Lien Notes Deficiency Claims, and Third Lien Notes Deficiency Claims, which are effectively proposed to be waived as part of the Disinterested Manager Settlement.

Related to Third Lien Notes Deficiency Claims

  • 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.

  • Second Lien Notes has the meaning set forth in the recitals hereto.

  • Deficiency Claim means any portion of a Claim (a) to the extent the value of the holder’s interest in Assets securing such Claim is less than the amount of such Claim or (b) to the extent the amount of a Claim is subject to setoff is less than the amount of the Claim, each as determined by § 506(a) of the Bankruptcy Code.

  • First Lien Notes Indenture means that certain indenture agreement (as may have been amended, modified, supplemented, or amended and restated from time to time) dated November 6, 2017, among Windstream Services, LLC and Windstream Finance Corp., as co-issuers, the entities specified therein, as guarantors, and Delaware Trust Company, as successor to U.S. Bank National Association, as trustee and collateral agent.

  • First Lien Indebtedness means the “Obligations” as defined in the First Lien Credit Agreement.

  • First Lien With respect to any second lien Mortgage Loan, the mortgage loan relating to the corresponding Mortgaged Property having a first priority lien.