Plan Notes definition

Plan Notes means unsecured promissory notes issued by Reorganized USi on or after the Effective Date in substantially the form of Exhibit E to this Plan, bearing interest from the Effective Date at a fixed per annum rate (based on a year consisting of twelve 30-day months) equal to ten percent (10%), maturing on the second (2nd) anniversary of the last day of the month in which the Effective Date occurs, with principal amortized on a straight-line basis and payable in twenty-four (24) consecutive monthly installments of principal and interest combined, commencing on the last day of the first full month following the Effective Date. Reorganized USi shall have the right to pay in full any Plan Note by paying the remaining principal balance of such Plan Note, with accrued interest through the payment date, in Cash at any time on or after the Effective Date, without premium or penalty.
Plan Notes means, collectively, the Laurus/Valens Term Notes, the Class 3 Plan Note, the Class 3 Convertible Plan Note, the Class 4 Plan Note, and the Class 13 Plan Notes. The final form of the Plan Notes shall be included in the Plan Supplement.
Plan Notes means, if issued or to be issued, the unsecured notes issued or to be issued by the Company pursuant to the Plan Note Indentures as provided by Sections 3.2(f) and (g) of the Plan.

Examples of Plan Notes in a sentence

  • U.S. Bank 401(k) Savings Plan Notes to Financial Statements (continued) 2.

  • U.S. Bank 401(k) Savings Plan Notes to Financial Statements (continued) 4.

  • U.S. Bank 401(k) Savings Plan Notes to Financial Statements (continued) 1.

  • Employee Savings Plan Notes to Financial Statements (continued) 1.

  • Employees Savings Plan Notes to Financial Statements (continued) 4.


More Definitions of Plan Notes

Plan Notes means the "Plan Notes" as defined by the Reorganization Plan.
Plan Notes means Notes in an aggregate original principal amount of
Plan Notes means Maritime Lien Notes and Tort Lien Holder Notes issued pursuant to this Plan.
Plan Notes means the “Plan Notes” as defined by the Reorganization Plan.
Plan Notes means Notes in an aggregate original principal amount of $2,400,000 reserved for issuance under the Plan.
Plan Notes means, collectively, the DIP Lender Plan Note, the Investor DIP Lenders Plan Notes, the Laurus/Valens Term Notes, the 2008 Secured Debentures Plan Notes, and the Class 7 Plan Note.
Plan Notes means, collectively, Plan Note I and Plan Note II.