Debenture Claims definition

Debenture Claims means the General Unsecured Claims based on the 9% Convertible Subordinated Debentures issued by the Debtor on or about September 22, 1995, and that were outstanding as of the Petition Date.
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Debenture Claims means the Claim of an owner of a Debenture on the Distribution Date, which Claim will be paid by the Trustee's distribution to the Indenture Trustee as set forth in this Plan. Debenture Claim does NOT include a Prepetition Selling Debenture Claim or a Post-petition Selling Debenture Claim.
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Debenture Claims means the Allowed Claims of the Debenture Holders.
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Examples of Debenture Claims in a sentence

  • By reason of the treatment of Allowed Class 3 Claims hereunder, in the event the Confirmation of this Plan occurs and this Plan becomes effective, for purposes of Distributions under this Plan (and only for such purposes), the Holders of Allowed Class 3 Claims shall not be entitled to the benefit of the subordination of the Exchangeable Debenture Claims to the FRN Claims.

  • The Subordinated Debenture Claims will be Allowed in an amount of $2,019,100,000.

  • Thus, our approach to agreement is to allow transient inconsistencies among disconnected subsets of members, but achieve eventual consistency when connectivity is regained.

  • Class 6 (Unsecured Claims): Overline Facility Claims, Aircraft Lease Claims, Old Senior Subordinated Notes Claims, Old 6% Debenture Claims and Old 6% Debenture Promissory Note Claims against any Debtor and Unsecured Claims against any Debtor that are not otherwise classified under this Article II, including Trade Claims and Tort Claims.

  • If a Holder acquired the Allowed Secured 9.25% Debenture Claims with market discount, any gain recognized by the Holder on the recapitalization will be treated as ordinary income to the extent of the portion of the market discount that has accrued while such Allowed Secured 9.25% Debenture Claims were held by the Holder, unless the Holder has elected to include market discount in income currently as it accrues.

  • The amount of gain realized on the exchange, if any, will equal the excess of the Holder's amount realized on the exchange over the Holder's adjusted tax basis in its Allowed Secured 9.25% Debenture Claims.

  • Baltimore Retail MarketFOURTH QUARTER | 2016RETAIL SUBMARKETSTRENDING FORWARDJohn Schultz, Senior Vice President/Principal, MacKenzie Retail, LLC As 2017 emerges into the “land of the unknown” with sweeping changes in Washington, the retail sector will be following these trends in addition to adapting to the new normal of Capital Beltway policy and politics.

  • Why?• Does anyone else have something to add...?• Does this surprise you?• Do you realize that...?• Why didn’t you...?Notice that the trainer should use open-ended questions to stimulate discussion about the experience.

  • The Holders of Trust Debenture Claims are deemed to have rejected the Plan pursuant to Section 1126(g) of the Bankruptcy Code and are not entitled to vote to accept or reject the Plan.

  • Under the terms of the Proposal, the claims of the Debentureholders with Debenture Claims are to be issued New Preference Shares which will convert to Common Shares upon implementation of the Proposal.

Related to Debenture 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.

  • Subordinated Claims shall have the meaning set forth in Section 3.6(c)(i) hereof.

  • 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;

  • Senior Claims means, (a) with respect to the RBL Priority Collateral, each of the First-Priority Lien Obligations secured by such Collateral and, (b) with respect to the Term/Notes Priority Collateral, each of the Second-Priority Lien Obligations secured by such Collateral.

  • Debentures has the meaning stated in the first recital of this Indenture.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Securities Claim means any Claim, whether or not the subject of an existing lawsuit, arising from the rescission of a purchase or sale of a debtor security, for damages arising from the purchase or sale of any such security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of any such Claim.

  • Debenture Issuer means the Parent in its capacity as the issuer of the Debentures under the Indenture.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Debenture Holders representative” means a person designated as such in an agency deed;

  • Intercompany Claims means, collectively, any Claim held by a Debtor against another Debtor or an Affiliate of a Debtor or any Claim held by an Affiliate of a Debtor against a Debtor.

  • Class Coupon The Class Coupon on each Class of Notes for any Accrual Period will be as set forth in Appendix I for Original Notes and Appendix II for MAC Notes.

  • Senior Notes Claim means any Claim on account of the Senior Notes. For the avoidance of doubt, each Senior Notes Claim shall be deemed Allowed as of the Effective Date in an amount equal to (i) the principal amount outstanding under the applicable Senior Notes on the Petition Date, including without limitation any accrued interest and fees paid (or payable) in kind through such date, and (ii) all interest accrued and unpaid as of the Petition Date.

  • Debenture Indenture means the Indenture, dated as of December 1, 1989, between United Parcel Service of America, Inc. and Chemical Bank pursuant to which the 8-3/8% Debentures Due April 1, 2020 were issued, as in effect on the date of this Agreement (without giving effect to any amendment, supplement or other modification thereto, any repayment or covenant defeasance thereunder or any termination thereof), a copy of which is attached as Exhibit F hereto.

  • Series A Notes is defined in Section 1.

  • Promissory Notes Security", "Record", "Security Account", "Software", and "Supporting Obligations".

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Subordinated as applied to Indebtedness, shall mean that the Indebtedness has been subordinated (by written terms or written agreement being, in either case, in form and substance satisfactory to Agent and the Required Banks) in favor of the prior payment in full of the Debt.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.