Subordinated Note Claim definition

Subordinated Note Claim means any Claim against TOUSA other than a Claim subordinated pursuant to section 510(b) of the Bankruptcy Code derived from or based upon the Subordinated Notes.

Subordinated Note Claim means any Claim of the Subordinated Note Trustee or any Subordinated Noteholder arising under, in connection with or pursuant to the Subordinated Note Indenture and any documents, instruments or agreements related thereto.

Subordinated Note Claim means any Claim under the Subordinated Notes.

Examples of Subordinated Note Claim in a sentence

• Each record Holder of a Senior Subordinated Note Claim shall be deemed to have surrendered the certificates or other documentation underlying each such Claim, and all such surrendered certificates and other documentations shall be deemed to be canceled pursuant to Article IV.F hereto, except to the extent otherwise provided herein.

• Notwithstanding the Subordination Provisions, each Holder of an Allowed ACC Subordinated Note Claim shall be entitled to receive and retain, on account of such claim, its ratable share of the ACC Subordinated Notes Distribution, based upon the amount of ACC Subordinated Notes held by each holder.

• No Holder of a Senior Subordinated Note Claim shall receive any distribution on account of such Senior Subordinated Note Claim, and all Senior Subordinated Note Claims shall be extinguished.

• Any Senior Note Claim, General Note Claim, Subordinated Note Claim, ULC1 Settlement Claim, Canadian Guarantee Claim, Canadian Intercompany Claim, Rejection Damages Claim, General Unsecured Claim, Unsecured Makewhole Claim, Unsecured Convenience Class Claim, Subordinated Debt Securities Claim, and Subordinated Equity Securities Claim.

• If the Senior Subordinated Note Claim or Junior Subordinated Note Claim constitutes a “security” for U.S. federal income tax purposes, the exchange of such claim for New Common Interests and Contingent Value Rights by a U.S. Holder pursuant to the Plan of Reorganization should constitute a “recapitalization” for U.S. federal income tax purposes.

More Definitions of Subordinated Note Claim

Subordinated Note Claim means a Claim that is a MCall Class 4 Claims and which includes all Claims under, with respect to, on account of, arising from or in connection with the Subordinated Notes.

Subordinated Note Claim means a Claim arising under or as a consequence of owning a Subordinated Note.

Subordinated Note Claim means the aggregate principal amount of $13,179,000 currently owing by JEGI under the Subordinated Note Documents and pursuant to the Subordinated Notes, plus all accrued and outstanding fees, costs, interest, and other amounts owing pursuant to the Subordinated Note Documents as determined in accordance with the Claims Procedure Order.

Subordinated Note Claim means any Claim of a Subordinated Note Holder based upon the Subordinated Notes.

Subordinated Note Claim has the meaning given to it in the Plan.

Subordinated Note Claim means a Claim arising from or relating to the Subordinated Notes (other than a Securities Claim).

Subordinated Note Claim means, collectively, the Claims arising under the Subordinated Note Debt Indenture.