EFTA Document EFTA01358965

Page 33 874 F.3d 787, *; 2017 U.S. App. LEXIS 20596, **; Bankr. L. Rep. (CCH) P83,176; 64 Bankr. Ct. Dec. 216 Second-Lien Notes are Senior Indebtedness. The judgment of the district court on that issue is, therefore, affirmed. p798] B As a consequence of rejecting the Plan, the Senior-Lien Notes holders received replacement notes which pay out their claim over time. [HN6] The Code permits debtors to make such "deferred cash payments" to secured creditors (i.e., to "cramdown"). 11 U.S.C.