Available Notes definition

Available Notes means, for each Series of Notes on each Auction Date, the number of Units of Notes that are not the subject of Submitted Hold Orders.
Available Notes means the Commitment Notes that any Commitment Party fails to purchase as a result of a Commitment Party Default by such Commitment Party.
Available Notes means, collectively, the aggregate Original Principal Amount of Unsubscribed Notes that any Commitment Party fails to purchase in accordance with the terms of this Agreement.

Examples of Available Notes in a sentence

  • On the Effective Date, or as soon thereafter as practicable, the Reorganized Debtor shall distribute all Available Notes and Available Shares to the holders of Allowed General Unsecured Claims.

  • Pursuant to the Plan, each holder of an Allowed General Unsecured Claim in Class 5 has the option to receive one of the following three distributions under the Plan by checking the appropriate box on a timely cast Ballot: o THE STOCK/NOTES ELECTION -- The first option available to a holder of an Allowed General Unsecured Claim is to elect to receive its Pro Rata share of (i) Available Shares and (ii) Available Notes (the "STOCK/NOTES ELECTION").

  • On the Effective Date, or as soon thereafter as practicable, the Reorganized Debtor shall distribute Available Notes and Available Shares to the holders of Allowed General Unsecured Claims.

  • A holder of an Allowed General Unsecured Claim may elect to receive (i) its Pro Rata share of Available Notes; (ii) an additional $1000 in New Senior Notes for every 66.67 shares of New Common Stock it would otherwise receive as its Pro Rata share of Available Shares under the Stock/Notes Election (to the extent New Senior Notes are available for such conversion); and (iii) the remainder of its Pro Rata share of Available Shares, if any (the "ADDITIONAL NOTES ELECTION").

  • Net Available Notes...........................................................................


More Definitions of Available Notes

Available Notes means, with respect to Section 2.3, the amount of a Defaulting Commitment Party’s Rights Offering Backstop Commitment, and with respect to Section 6.6, the amount of a Terminating Commitment Party’s Rights Offering Backstop Commitment.
Available Notes has the meaning set forth in Section 2.5.1 (c)(i)(A) hereof.
Available Notes means the Primary Notes and Backstop Notes that any Backstop Party fails to purchase as a result of a Backstop Party Default by any Backstop Party.

Related to Available Notes

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Class B Notes has the meaning assigned to such term in the Indenture.

  • Class A Notes means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

  • Noteholders’ Principal Distributable Amount means, with respect to any Distribution Date, (other than the Final Scheduled Distribution Date for any Class of Notes), the sum of the Principal Distributable Amount for such Distribution Date and the Noteholders’ Principal Carryover Amount, if any, as of the close of business on the preceding Distribution Date. The Noteholders’ Principal Distributable Amount on the Final Scheduled Distribution Date for any Class of Notes will equal the sum of (i) the Principal Distributable Amount for such Distribution Date, (ii) the Noteholders’ Principal Carryover Amount as of such Distribution Date, and (iii) the excess of the outstanding principal amount of such Class of Notes, if any, over the amounts described in clauses (i) and (ii).