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Re: Chiron post# 19825

Friday, 03/26/2010 10:59:53 PM

Friday, March 26, 2010 10:59:53 PM

Post# of 42851
30.2 Impaired Classes Entitled to Vote on Plan: The Claims and Equity
Interests in Classes 2, 3, 12, and 14 through 19 are impaired and receiving distributions pursuant
to the Plan, and are therefore entitled to vote to accept or reject the Plan.


If classes 2, 3, and 14 through 19 are impaired, then class 19 is completely done for.


ARTICLE XXIII
PROVISION FOR TREATMENT OF PREFERRED EQUITY INTERESTS (CLASS 19)
23.1 Treatment of Preferred Equity Interests: 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), the Liquidating Trust Interests shall be
redistributed, and holders of Preferred Equity Interests shall be entitled to receive their Pro Rata
Share of Liquidating Trust Interests, to be shared on a pari passu basis with holders of the REIT
Series.
23.2 Cancellation of Preferred Equity Interests: Notwithstanding the
provisions of Section 23.1 hereof, on the Effective Date, all Preferred Equity Interests shall be
deemed extinguished and the certificates and all other documents representing such Equity
Interests shall be deemed cancelled and of no force and effect.


class 19 = TOAST

Numbers don't lie, people do.

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