Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

Entitled to receive...not reallocate.

Quote:
Upon any voluntary or involuntary liquidation or bankruptcy of Holdings, the property trustee, as holder of the subordinated debentures, would be a subordinated creditor of Holdings, subordinated in right of payment to all senior debt as set forth in the subordinated indenture, but entitled to receive payment in full of principal and interest before any stockholders of Holdings receive payments or distributions.
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https://www.sec.gov/Archives/edgar/data/806085/000104746905000357/a2149684z424b2.htm


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re·ceive
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verb
1.
be given, presented with, or paid (something).
"she received her prize from the manager"
Similar:
be given
be presented with
be awarded
collect
accept
have conferred on one
get
obtain
gain
acquire
secure
come by
pick up
be provided with
take
derive
win
be paid
earn
gross
net
accrue
inherit
come into
cop
Opposite:
give
present
2.
suffer, experience, or be subject to (specified treatment).
"the event received wide press coverage"
Similar:
experience
sustain
undergo
meet with
encounter
go through
be subjected to
come in for
suffer
bear
endure
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