Examples of New Unsecured Notes in a sentence
The Reorganized Debtors shall issue the New Unsecured Notes on the Effective Date, on terms set forth in the New Unsecured Notes Documents.
The documentation for the New Unsecured Notes shall be included in the Plan Supplement and otherwise acceptable to the Debtors and reasonably acceptable to the Required Consenting Term Lenders and the Supporting Common Interest Holders (and solely with respect to terms affecting their treatment or rights, reasonably acceptable to the Required Consenting Revolving Lenders).
In return, each Supporting Common Interest Holder shall receive: (a) its Pro Rata share of the Capital Equity Recovery; and (b) its Pro Rata share of the New Unsecured Notes.
The New Unsecured Notes shall be in the aggregate principal amount of$8 million.
The distribution of Reorganized Holdco Interests and New Unsecured Notes to the Supporting Common Interest Holders on account of Allowed DIP Facility Claims and the Capital Equity Investment do not implicate the absolute priority rule.