Newco Notes definition

Newco Notes means the new notes to be issued by Newco on the Plan Implementation Date in the aggregate principal amount of $300,000,000, on such terms and conditions as are satisfactory to the Initial Consenting Noteholders and SFC, acting reasonably.
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Newco Notes is defined in the Plan of Arrangement.
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Newco Notes means the one or more unsecured subordinated promissory notes (in the aggregate principal amounts of $886 million) issued by Newco to the ULC pursuant to this Plan of Arrangement;
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Examples of Newco Notes in a sentence

  • After the Plan Implementation Date, in accordance with the Plan, the Newco Shares and the Newco Notes were distributed and certain of the Litigation Trust Interests2 were registered to or for the benefit of Affected Creditors3 in satisfaction of Affected Creditor Claims, except to the extent that Ordinary Affected Creditor’s claims were Unresolved Claims.

  • The direction delivered by the Monitor in respect of the applicable Ordinary Affected Creditors and Early Consent Noteholders shall: (A) indicate the registration and delivery details of each applicable Ordinary Affected Creditor and Early Consent Noteholder based on the information prescribed in section 5.1; and (B) specify the number of Newco Shares and, in the case of Ordinary Affected Creditors, the amount of Newco Notes to be issued to each such Person on the applicable Distribution Date.

  • As reported in the 13th Report, the Unresolved Claims Reserve was to be established as the value and number of Newco Notes, Newco Shares and Litigation Trust Interests that would have been allocated to the Unresolved Claims if they were Proven Claims.

  • To date, there have been no net cash distributions from the Litigation Trust to holders.47869718\33 The Newco Shares and Newco Notes to which Noteholders were entitled under the plan were distributed to the Trustees under the relevant note indentures for further distribution.

  • The Unresolved Claims Escrow Agent shall forthwith, upon receipt of an Order of the Court or instruction of the Monitor directing the release of any Newco Shares, Newco Notes and/or Litigation Trust Interests from the Unresolved Claims Reserve, comply with any such Order or instruction.

  • The direction delivered by the Monitor in respect of the Newco Shares and Newco Notes to be issued in the name of the Unresolved Claims Escrow Agent, for the benefit of the Persons entitled thereto under the Plan, for purposes of the Unresolved Claims Reserve shall specify the number of Newco Shares and the amount of Newco Notes to be issued in the name of the Unresolved Claims Escrow Agent for that purpose.

  • Any distribution of Newco Shares, Newco Notes or Litigation Trust Interests that could not be delivered or registered to Affected Creditors, because of inadequate or incorrect delivery or registration information or for other reasons, was delivered and registered to SFC Escrow Co. These Undeliverable Distributions were held by SFC Escrow Co. pending notification by the relevant person of current address and/or registration information.

  • As a result of rounding of Claim amounts, $84 of Newco Notes and 81 Newco Shares were not distributed, representing approximately 0.000028% of the total Newco Notes and Newco Shares issued.


More Definitions of Newco Notes

Newco Notes means the unsecured, subordinated, interest bearing promissory notes issued by Newco pursuant to Section 3.1(g) of this Plan of Arrangement in a principal amount per Newco Note equal to the Weighted Average Trading Price of a REIT Unit;
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Newco Notes means zero coupon unsecured loan notes, which have an aggregate face value equal to the fair market value of the AGAH Sale Shares (as determined pursuant to the Irrevocable Offer to Purchase), to be issued by NewCo to AGA;
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Newco Notes means the secured promissory notes of Newco to be issued pursuant to this Agreement on the terms set forth on Exhibit "A" attached hereto.
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Newco Notes means the one or more unsecured subordinated promissory notes issued by Newco to Cinram ULC pursuant to the Plan of Arrangement;
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Newco Notes means the unsecured subordinated interest bearing promissory notes issued by Newco pursuant to Section 3.1(g) of the Plan of Arrangement in a principal amount per Newco Note equal to the Weighted Average Trading Price of a REIT Unit;
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Newco Notes means unsecured, subordinated notes of Newco;
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Related to Newco Notes

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2017 Notes means the aggregate principal amount of US$600,000,000 of 6.25% Guaranteed Senior Notes Due 2017 issued pursuant to the 2017 Note Indenture.

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • Secured Notes The Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • 2013 Notes means the aggregate principal amount of US$345,000,000 of 5.00% Convertible Senior Notes Due 2013 issued pursuant to the 2013 Note Indenture.

  • Existing Notes means, collectively, the Existing Senior Guaranteed Notes and the Existing Senior Notes.