Term Claims definition
Examples of Term Claims in a sentence
Term Claims means those certain amended and restated term notes in the aggregate principal amount equal to the Senior Lender Credit Agreement Term Claims minus (a) Cash distributed pursuant to Section 4.3(b)(i) of this Plan and (b) Cash distributed pursuant to 4.3(b)(iii) of this Plan.
The parties during layoffs under Article gun skill may be These individuals may be of providing the Chairperson is notified lo layoff No. WEEKLY INCOME BENEFITS The Company will make effort to see that Weekly Income (Short Term Claims are properly and processed in a two period the claim form is properly completed by the attending physician and employee, and any required medical documentation is provided.
On the Effective Date or as soon thereafter as is reasonably practicable, each holder of an Allowed Noteholder Credit Agreement Claim shall receive from Reorganized Panolam (i) its pro rata share of the New Second Lien Term Notes and (ii) its pro rata share of Cash sufficient to pay that portion of the Allowed Senior Lender Credit Agreement Term Claims set forth in Sections 4.4(a)(ii) and 4.4(a)(iii).
In the event that a Holder of First Lien Term Claim declines to receive its pro rata share of the First Lien Term Claims Paydown Amount, such Holder’s portion will be re-allocated pro rata among accepting holders of First Lien Term Claims.
In full satisfaction of each DIP Claim (including each DIP Claim arising from the roll up of the Super Senior Term Claims), each holder thereof shall receive payment in full in cash.