Examples of Unsecured Note Indenture Trustee in a sentence
The Senior Unsecured Notes Indenture Trustee may (a) assert its rights under the Senior Unsecured Notes Indenture Trustee Charging Lien, including for the payment of any and all accrued Senior Unsecured Note Indenture Trustee Fees and Expenses and (b) establish the Senior Unsecured Notes Indenture Trustee Reserve on any distribution of Units or Cash.
The Senior Unsecured Notes Indenture Trustee may withhold distribution of the Units and any Cash it receives on account of such Units, until such time as it determines that it has received sufficient payment to satisfy the accrued Senior Unsecured Note Indenture Trustee Fees and Expenses and to fund the Senior Unsecured Notes Indenture Trustee Reserve.
In the event that the Secured Note Indenture Trustee or the Unsecured Note Indenture Trustee asserts amounts are owing that are subject to the Secured Note Indenture Trustee Charging Lien or Unsecured Note Indenture Trustee Charging Lien, as applicable, the Debtors, in consultation with the Informal Committee of Noteholders regarding payment of such amounts, shall pay the Secured Note Indenture Trustee Fees or Unsecured Note Indenture Trustee Fees, as applicable, in cash.
Speiser; (f) counselto the Prepetition Unsecured Note Indenture Trustee, Waller Lansden Dortch & Davis, LLP,Nashville City Center, 511 Union Street, Suite 2700, Nashville, Tennessee 37219, Attn: Beth E.Vessel; (g) counsel to the DIP Agent, Shipman & Goodwin LLP, One Constitution Plaza,Hartford, Connecticut 06103, Attn: Nathan Z.
The Unsecured Note Indenture Trustee or its designated agent shall make all Distributions to Holders of Unsecured Notes in accordance with the terms of the Unsecured Note Indenture, subject to the terms of the Plan; provided, however, that under all circumstances, the fees and expenses of the Unsecured Note Indenture or its designated agent incurred in connection with such Distributions shall be paid by the Reorganized Debtors without further approval from the Bankruptcy Court.
Accordingly, any Unsecured Note Claim, proof of which is filed by the registered or beneficial Holder of an Unsecured Note Claim, may be disallowed as duplicative of the Unsecured Note Claims of the Unsecured Note Indenture Trustee, without need for any further action or Bankruptcy Court order.8.7 Allocation of Plan Distributions Between Principal and Interest.
The Reorganized Debtors or any entities employed or contracted with to make Distributions pursuant to Section 8.3 above shall make all Distributions of Cash required to be made to Holders of Unsecured Notes to the Unsecured Note Indenture Trustee or its designated agent.
As soon as practicable after surrender of the Unsecured Notes certificates, the Unsecured Note Indenture Trustee shall distribute to the Holder thereof such Holder’s pro rata share of the Distribution, but subject to the rights of the Unsecured Note Indenture Trustee to assert its charging lien to the extent the Unsecured Note Indenture Trustee Fees and Expenses are not paid pursuant to the Plan.
Consistent with Bankruptcy Rule 3003(c), the Debtors or the Reorganized Debtors, as the case may be, shall recognize proofs of claim filed by the Unsecured Note Indenture Trustee in respect of the Unsecured Note Claims.
The Disbursing Agent and the Unsecured Note Indenture Trustee, as applicable, shall make all Distributions that have become deliverable or have been claimed since the Distribution Date on the next Quarterly Distribution Date, or as soon as practicable after such Distribution has become deliverable.