Laserfiche WebLink
SFC Classes <br /> Class 11 - SFC Bondholder Claims Impaired- Deemed to have rejected the Plan and not enti- <br /> tled to vote <br /> Class 12- Interests Unimpaired - Deemed to have accepted the Plan and not <br /> entitled to vote <br /> SFAC Classes <br /> Class 13 - Interests !mpaired Deemed to have rejected the Plan and not enti- <br /> tled to vote <br /> SFFC Classes <br /> Class 14- Interests Unimpaired- Deemed to have accepted the Plan and not <br /> entitled to vote <br /> SFC"SPV Classes <br /> Class 15 - Interests Unimpaired- Deemed to have accepted the Plan and not <br /> entitled to vote <br /> G WI Classes <br /> Class 16-AmerUS Life Secured Claim Impaired-Entitled to vote <br /> Class 17-General Unsecured Claims Impaired-Entitled to vote <br /> Class 18- Interests Unimpaired-Deemed to have accepted the Plan and not <br /> entitled to vote <br /> C. Treatment of Classes <br /> 1. Class 1 - Other Priority Claims(all Debtors) <br /> a. Claims in Class: Class 1 consists of all Other Priority Claims against all Debtors. <br /> b. Treatment: On the later of(i)the Distribution Date or(ii)the date on which its Other Priority Claim <br /> becomes an Allowed Other Priority Claim,each holder of an Allowed Other Priority Claim shall receive <br /> Cash equal to the full amount of its Allowed Other Priority Claim. <br /> 2. Classes 2A, 2B, 2C, etc. -Secured Claims(all Debtors) <br /> a. Claims in Classes: Classes 2A,2B,2C, etc.,each contain a single Secured Claim,and in the aggregate <br /> include all Secured Claims against all Debtors except the 13%Discount Debenture Claims, which are <br /> classified in Class 7,and the Class 16 AmerUS Life Secured Claim. Each Class denominated "Class 2—" is <br /> a separate Class for all purposes under the Bankruptcy Code and the Plan,including for voting purposes. <br /> The Debtors will list all Classes identified as "Class 2_," and identify the Claim included in each,in the <br /> Ballot Summary and in any other filing or document,as necessary. If the Claim of a holder of a Secured <br /> Claim exceeds the value of the Collateral that secures it,such holder will have a Secured Claim equal to the <br /> Collateral's value and a General Unsecured Claim for the deficiency. <br /> b. Treatment. On the later of (i)the Distribution Date,and(ii)the date on which the Secured Claim becomes <br /> due under any agreement governing its payment,each holder of an Allowed Secured Claim will either(a) <br /> receive deferred Cash payments totaling at least the allowed amount of such Secured Claim,of a value,as <br /> of the Effective Date,of at least the value of such holder's interest in the respective Debtor's interest in such <br /> PLAN-12 <br />