Mr Cooper Group Inc (COOP)

[AZCowboy]

~ AGAIN' READ THE ACTUAL TEXT', You've Just Corrected Your Own Mis-Understandings', and Thanks', You've JUST PROVEN MY POINT', Those References Are Specific To "Liquidating Trust Interests" "ONLY" ~

Yes, ALWAYS Refer to the actual TEXT'

"any Liquidating Trust Interests to be redistributed;"

Obviously, with the WMI-LT now financially done', those applications are not valid' ...

seriously ? ... this shouldn't be that difficult' ... ? ...

23.1 Treatment of Preferred Equity Interests:
Commencing on the Effective Date, and subject to the execution and delivery of a release in accordance with the provisions of Section 41.6 of the Plan, each holder of a Preferred Equity Interest, including, without limitation, each holder of a REIT Series, shall be entitled to receive such holder’s Pro Rata Share of seventy percent (70%) of (a) subject to the right of election provided in Sections 6.2(b), 7.2(b), 16.1(b)(ii), 18.2(b), 19.2(b) and 20.2(b) of the Plan, the Reorganized Common Stock, and (b) in the event that all Allowed Claims and Postpetition Interest Claims in respect of Allowed Claims are paid in full (including with respect to Allowed Subordinated Claims), any Liquidating Trust Interests to be redistributed; provided, however, that, in the event that, at the Confirmation Hearing and in the Confirmation Order, the Bankruptcy Court determines that a different percentage should apply, the foregoing percentage shall be adjusted in accordance with the determination of the Bankruptcy Court and be binding upon each holder of a Preferred Equity Interest.


25.1 Treatment of Common Equity Interests: Commencing on the Effective Date, and subject to the execution and delivery of a release in accordance with the provisions of Section 41.6 of the Plan, each holder of Common Equity Interests shall be entitled to receive such holder’s, Pro Rata Share of thirty percent (30%) of (a) subject to the right of election provided in Sections 6.2(b), 7.2(b), 16.1(b)(ii), 18.2(b), 19.2(b) and 20.2(b) of the Plan, the Reorganized Common Stock and (b) in the event that all Allowed Claims and Postpetition Interest Claims in respect of Allowed Claims are paid in full (including with respect to Allowed Subordinated Claims), any Liquidating Trust Interests to be redistributed, each to be shared on a pari passu basis with holders of the Dime Warrants to the extent that Dime Warrants are determined pursuant to a Final Order to constitute Equity Interests or subordinated to the level of Common Equity Interests in accordance with section 510 of the Bankruptcy Code; provided, however, that, in the event at the Confirmation Hearing and in the Confirmation Order, the Bankruptcy Court determines that a different percentage should apply, the foregoing percentage shall be adjusted in accordance with the determination of the Bankruptcy Court and be binding upon each holder of a Common Equity Interest.

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The Plans "Disclosure Statement" Addressed Any Changes' or Amendments Made To The Approved Plan' ...

http://www.kccllc.net/documents/0812229/0812229111212000000000003.pdf

(d) Distribution of Reorganized Common Stock. Subject to the provisions of Sections 26.3 and 31.14 of the Plan, within ten (10) Business Days following the Effective Date, the Disbursing Agent shall distribute, or cause to be distributed, to each holder of a Preferred Equity Interest, Dime Warrant (to the extent that holders of Dime Warrants are determined, pursuant to a Final Order, to hold Equity Interests or Allowed Claims subordinated to the level of Common Equity Interests in accordance with section 510 of the Bankruptcy Code), Allowed Common Equity Interests and each holder exercising a right of election pursuant to Sections 6.2(b), 7.2(b), 16.1(b)(ii), 18.2(b), 19.2(b), 20.2 and 31.14 of the Plan, such holder’s share of Reorganized Common Stock.

and each of these sections mentioned' refer to a class choice' ... right of election pursuant to Sections 6.2(b), 7.2(b), 16.1(b)(ii), 18.2(b), 19.2(b), 20.2 and 31.14 of the Plan, such holder’s share of Reorganized Common Stock.

... just making things up' to fit a narrative promotion ?, doesn't work on me' ...

... THERE ARE NO MORE, LIQUIDATING TRUST INTERESTS' ...

... THERE ARE NO MORE, LIQUIDATING TRUST INTERESTS' ...

... THERE ARE NO MORE, LIQUIDATING TRUST INTERESTS' ...

... THERE ARE NO MORE, LIQUIDATING TRUST INTERESTS' ...

... THERE ARE NO MORE, LIQUIDATING TRUST INTERESTS' ...

AZ