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2015-01-21_GENERAL DOCUMENTS - X201123201 (2)
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2015-01-21_GENERAL DOCUMENTS - X201123201 (2)
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Last modified
8/24/2016 5:56:44 PM
Creation date
1/23/2015 12:59:54 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
X201123201
IBM Index Class Name
General Documents
Doc Date
1/21/2015
Doc Name
Notice of Filing of Report of the Monitor in the Canadian Proceeding
From
US Bankruptcy Court
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
JDM
DIH
Media Type
D
Archive
No
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-17- <br />to its Individual Unsecured Plan Entitlement (as it may be adjusted based on the <br />final determination of Disputed Distribution Claims) in full consideration for the <br />irrevocable, final and full compromise and satisfaction of such Affected <br />Unsecured Creditor's Affected Unsecured Claim; <br />(f) each WARN Act Plaintiff with an Allowed WARN Act Claim shall become <br />entitled to its Individual WARN Act Plan Entitlement (as it may be adjusted <br />based on the final determination of Disputed Distribution Claims) in full <br />consideration for the irrevocable, final and full compromise and satisfaction of <br />such WARN Act Claim; <br />(g) the articles and/or the notice of articles of Cline (the "Articles "), as applicable, <br />shall be altered to, among other things, (i) consolidate the issued and outstanding <br />Cline Common Shares (including, for the avoidance of doubt, Cline Common <br />Shares that are Existing Cline Shares and New Cline Common Shares issued <br />pursuant to the Plan); and (ii) provide for such additional changes to the rights and <br />conditions attached to the Cline Common Shares as may be agreed to by the <br />Applicants, the Monitor and Marret; <br />(h) all Equity Interests (which, for greater certainty, do not include any Cline <br />Common Shares that remain issued and outstanding immediately following the <br />cancellation of fractional interests pursuant to the Plan) shall be cancelled and <br />extinguished without any liability, payment or other compensation in respect <br />thereof and all Equity Claims shall be fully, finally, irrevocably and forever <br />compromised, released, discharged, cancelled and barred without any liability, <br />payment or other compensation in respect thereof, provided that the Existing New <br />
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