PHONES Notes definition
Examples of PHONES Notes in a sentence
A Litigation Trust Beneficiary holding such Litigation Trust Interest through DTC shall receive its distribution through the bank or brokerage firm that held its underlying Senior Noteholder Claims and/or PHONES Notes Claims, and any change of address or information must be communicated by such Holder to such bank or brokerage firm.
The Creditors’ Trust Advisory Board will be a three-member board initially composed of two (2) individuals appointed by ▇▇▇▇▇▇▇▇ and one (1) member appointed by the PHONES Notes Indenture Trustee, as listed on Exhibit B hereto.
The Litigation Trust Advisory Board will be a three-member board initially composed of two (2) individuals appointed by ▇▇▇▇▇▇▇▇ and one (1) member appointed by the PHONES Notes Indenture Trustee, as listed on Exhibit B hereto.
On and after the Litigation Trust Advisory Board Reallocation Date, the holders of the Class 1I Distribution Trust Interests may elect, by majority vote, to replace any member of the Litigation Trust Advisory Board that was not appointed by the PHONES Notes Trustee.
On and after the Creditors’ Trust Advisory Board Reallocation Date, the holders of the Class 1I Creditors’ Trust Interests may elect, by majority vote, to replace any member of the Creditors’ Trust Advisory Board that was not appointed by the PHONES Notes Trustee.