Examples of Senior Secured Notes Claims in a sentence
Under the Plan, except as otherwise specified, distributions in respect of Allowed Senior Secured Notes Claims will be allocated first to the stated principal amount of such Claims, with any excess allocated to Accrued Interest.
Notwithstanding the foregoing, distributions to Beneficial Holders of Senior Secured Notes Claims shall be made to the Senior Secured Notes Trustee or its designee for further distribution in accordance with the Senior Secured Notes Indenture.
The Debtors are relying on the exemption provided by section 1145(a)(1) of the Bankruptcy Code from the registration requirements of the Securities Act to exempt the offering, issuance and distribution of the New Membership Interests to Holders of Senior Secured Notes Claims (the “Section 1145 Securities”) pursuant to the Plan.
Class A consists of the Senior Secured Notes Claims against the Debtor.
May 3,2011) .......................................................................11157 CONG.