Note Claim definition

Note Claim means a Claim arising under the Notes.

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Note Claim or "Note Claims" means a Claim or Claims based upon ---------- ----------- ownership of a Note or Notes other than Note Claims - Secured.

Note Claim means a Claim under or evidenced by the Prepetition Note Agreements.

Examples of Note Claim in a sentence

• Each holder of a Senior Note Claim in Class 6 is entitled to vote to accept or reject the Plan under section 1126 of the Bankruptcy Code.

• Each holder of a Senior Note Claim in Class 6 is conclusively presumed to have accepted the Plan and is not entitled to vote to accept or reject the Plan under section 1126 of the Bankruptcy Code.

• If the New Senior Notes are not treated as securities, a holder of a Senior Note Claim will recognize gain or loss in an amount equal to the difference between the amount realized on the deemed exchange and the holder's adjusted tax basis in the Senior Notes.

• If the New Senior Notes are treated as securities, a holder of a Senior Note Claim should not recognize gain or loss upon the exchange.

• To the extent that any amount received by a holder of a Senior Note Claim under the Plan is attributable to accrued interest that was not previously included in the holder's gross income, such amount should be taxable to the holder as interest income.

• To the extent that any amount received by a holder of an Allowed Senior Note Claim under the Plan is attributable to accrued interest that was not previously included in the holder's gross income, such amount should be taxable to the holder as interest income.

• If the deemed new notes are treated as securities, a holder of an Allowed Senior Note Claim will not recognize gain or loss upon the deemed exchange, except to the extent a portion of the deemed new notes is attributable to accrued and unpaid interest, which will be taxable as such.

• Note: Claim under this section shall be payable by us provided, We have accepted Your Claim under "In-patient Hospitalisation Treatment" or "Day Care Procedures" section of the Policy.

• If the deemed new notes are not treated as securities, a holder of an Allowed Senior Note Claim will recognize gain or loss in an amount equal to the difference between the amount realized on the deemed exchange and the holder's adjusted tax basis in the old Senior Notes.

• Conversely, a holder of an Allowed Senior Note Claim may be able to recognize a deductible loss (or, possibly, a write-off against a reserve for worthless debts) to the extent that any accrued interest on the Senior Notes was previously included in the holder's gross income but was not paid in full under the Plan.

More Definitions of Note Claim

Note Claim means any Claim, of any kind or nature, arising from the Notes or the Indenture or any related agreement, document or instrument, including, without limitation, a Claim under the Guaranty.

Note Claim means any Claim against any Debtor arising on account of, or in connection with, the Note Obligations, the Notes, the Indenture or any other "Note Documents" (as defined in the Indenture), including Claims for all accrued and unpaid principal, interest, fees, expenses, costs, and other charges and amounts constituting Note Obligations.

Note Claim means a Claim of a Creditor based upon the 10% Convertible Notes or arising under the Indenture.