Bridge Notes Claims definition

Bridge Notes Claims means any Claim against any Debtor derived from, based upon, or arising under the Bridge Notes Purchase Agreement and any costs that are reimbursable by any Debtor pursuant to the Bridge Notes Purchase Agreement.
View Source

Examples of Bridge Notes Claims in a sentence

  • Claims in Class 3 (Bridge Notes Claims), Claims in Class 4 (Senior Secured Notes Claims) and Claims in Class 5 (Convertible Notes Claims) are Impaired, and the Holders of such Claims are entitled to vote to accept or reject this Plan.

  • The Bridge Notes Claims shall be Allowed in the amount of at least $10,080,000, which is comprised of $10,000,000 on account of outstanding principal as of the Petition Date and at least $80,000 in respect of all accrued and unpaid interest as of the Petition Date.

  • Notwithstanding the foregoing, the Junior Bridge Notes Claims shall be paid from the proceeds of any Permitted Credit Facility, or may be exchanged into or for interests in any Permitted Credit Facility at the election of a Junior Bridge Note Holder, prior to the Discharge of the Senior Convertible Notes Claims.

  • In the event any Junior Bridge Notes Party becomes a judgment lien creditor as a result of its enforcement of its rights as an unsecured creditor in respect of its Junior Bridge Notes Claims, such judgment lien shall be subordinated to the Liens securing the Senior Convertible Notes Claims on the same basis as the other Liens securing the Junior Bridge Notes Claims are so subordinated to such Liens securing the Senior Convertible Notes Claims under this Agreement.

  • All Liens on the Common Collateral securing any Senior Convertible Notes Claims shall be and shall remain senior in all respects and prior to all Liens on the Common Collateral securing any Junior Bridge Notes Claims for all purposes, whether or not such Liens securing any Senior Convertible Notes Claims are subordinated to any Lien securing any other obligation of the Company or any other Person.