Second Lien Term Loan Claim definition
Examples of Second Lien Term Loan Claim in a sentence
Other Secured Claim Any secured claim that is not a First Lien Claim, a Second Lien Revolving Loan Claim, a Second Lien Term Loan Claim, a Second Lien Notes Claim, a Third Lien Term Loan Claim, or a Third Lien Notes Claim.
Other Secured Claim Any secured claim that is not an A/R Facility Claim, a First Lien Term Loan Claim, a Second Lien Revolving Loan Claim, a Second Lien Term Loan Claim, a Second Lien Notes Claim, a Third Lien Term Loan Claim, or a Third Lien Notes Claim.
Second Lien Term Loan Claims $220.92 million On the Plan Effective Date, each holder of an allowed Second Lien Term Loan Claim shall receive on account of such Second Lien Term Loan Claim its pro rata share of (x) 3% of the Takeback Exit Facility, (y) 3% of the New Common Stock, subject to dilution on account of the Management Incentive Plan and the New Warrants, and (z) the New Warrants.