Examples of Third Lien Notes in a sentence
For purposes of distribution, fractions of New Third Lien Notes, Cram Down Notes and New Common Stock shall be rounded down to the nearest whole number.
On the Effective Date, Lyondell Chemical will authorize and issue the New Third Lien Notes.
For revenue for school readiness programs under11.25 Minnesota Statutes, sections 124D.15 and 124D.16: 11.269,085,000 11.27$ 10,039,000.....
To the extent that the requisite majority of holders (in both number and amount of claims) of Allowed DIP Roll Up Claims cause Class 3 to accept the Plan, all holders of Allowed DIP Roll-Up Claims shall receive New Third Lien Notes in the same principal amount as such Allowed Claims, no holder of an Allowed DIP Roll Up Claim shall receive any Cram Down Notes, and the Debtors shall not issue the Cram Down Notes.
The principal terms of the New Third Lien Notes, based on, among other things, an interest rate negotiated with certain of the holders of DIP Roll-Up Claims and Evercore’s review of the market, are set forth in Exhibit A-4 to the Plan.