Cancelled Security definition
Cancelled Security means the Convertible Subordinated Notes, the Conklin & Conklin Note and any other note, bond, debenture, stock certificate or other instrument or investment security evidencing or representing an Impaired Claim or Impaired Interest outstanding immediately prior to the Effective Date.
Cancelled Security means any note, bond, debenture, stock certificate or other instrument or investment security evidencing (i) an Impaired Claim or Impaired Interest outstanding immediately prior to the Effective Date or (ii) an obligation under the DIP Facility.