Examples of Term Loan Claim in a sentence
In full and final satisfaction of each Lombard (BULL) Term Loan Claim, all Allowed Lombard (BULL) Term Loan Claims shall be Reinstated.
To the extent that New Equity received in exchange for its Allowed Prepetition Term Loan Claim is allocable to accrued but unpaid interest or accrued market discount, the Holder may recognize ordinary income.
If recognized gain is capital gain, it generally would be long-term capital gain if the Holder held its Allowed Prepetition Term Loan Claim for more than one year at the time of the exchange.
Each Holder of an Allowed First Lien Term Loan Claim shall receive, in full and final satisfaction of such Claim, its Pro Rata share of (i) 95.75% of the New Common Stock issued pursuant to the Plan on the Effective Date, subject to dilution on account of the Management Incentive Plan and (ii) the New Term Loans.
Each Holder of an Allowed Second Lien Term Loan Claim shall receive, in full and final satisfaction of such Claim, its Pro Rata share of 4.25% of the New Common Stock issued pursuant to the Plan on the Effective Date, subject to dilution on account of the Management Incentive Plan.