Classification: Class 7 consists of all Unsecured Notes Claims against any
Debtor.
(b) Allowance: The Unsecured Notes Claims shall be deemed Allowed in the amount
of $1,346,360,131.29.
(c) Treatment: Except to the extent that a Holder of an Allowed Unsecured Notes
Claim agrees to less favorable treatment, on the Effective Date, in full and final
satisfaction, compromise, settlement, and release of and in exchange for such
Allowed Unsecured Notes Claim, each Holder of an Unsecured Notes Claim shall
receive, up to the full amount of such Holder’s Allowed Unsecured Notes Claim,
its Pro Rata share of any portion of the $750,000 of Cash distributed to the
Unsecured Notes Trustees on the Effective Date remaining after the application
of such Cash to the indemnification claims of the Unsecured Notes Trustee
pursuant to the Unsecured Notes Indentures, plus its Pro Rata share (taken
together with the Second Lien Notes Claims and General Unsecured Claims) of
any Cash remaining in the Wind-Down Reserve once all Allowed Claims entitled
to payment therefrom have been satisfied, no Disputed Claims that may be entitled
to payment from such sources remain to be adjudicated, and all First Lien Claims
have been satisfied in full, plus its Pro Rata share (taken together with the Second
Lien Notes Claims, and General Unsecured Claims) of the Unsecured Claims
Earnout Pool.
Three things to note here.
1)...its Pro Rata share of any portion of the $750,000 of Cash distributed to the
Unsecured Notes Trustees on the Effective Date remaining after the application
2)....plus its Pro Rata share (taken
together with the Second Lien Notes Claims and General Unsecured Claims) of
any Cash remaining in the Wind-Down Reserve once all Allowed Claims entitled
to payment therefrom have been satisfied
3)....plus its Pro Rata share (taken together with the Second
Lien Notes Claims, and General Unsecured Claims) of the Unsecured Claims
Earnout Pool.
Waiting for word from Mr.P about the letter from today on the 12.50
AI
