Page 24 874 F.3d 787, *; 2017 U.S. App. LEXIS 20596, fl; Bankr. L. Rep. (CCH) P83,176; 64 Bankr. Ct. Dec. 216 [HN11] A "make-whole" premium is a contractual substitute for interest lost on notes that are redeemed before their expected due date. Its purpose is to ensure that a lender is compensated for being paid earlier than the original maturity of its loan for the interest it will not receive. Bankruptcy Law > Practice & Proceedings > Appeals > Jurisdiction Bankruptcy Law > Reorganizations > Plans > Postconfirmation > Effects of Confirmation Civil Procedure > Appeals > Dismissals of Appeals > Involuntary Dismissals [HN12] The principle of "equitable mootness" is a prudential doctrine that is invoked to avoid disturbing a reorganization plan once it is implemented. The doctrine allows appellate courts to dismiss bankruptcy appeals when, during the pendency of an appeal, events occur such that even though effective relief could conceivably be fashioned, implementation of that relief would be inequitable. The doctrine requires an appellate court to carefully balance the importance of finality in bankruptcy proceedings against ane appellant's right to review and relief. Bankruptcy Law > Reorganizations > Plans > Postconfirmation > Effects of Confirmation Bankruptcy Law > Practice & Proceedings > Appeals > Jurisdiction Civil Procedure > Judgments > Entry of Judgments > Stays Pending Appeals > Nonmoney Judgments Civil Procedure > Appeals > Dismissals of Appeals > Involuntary Dismissals [HN13] Where a reorganization plan has been substantially consummated, the United States Court of Appeals for the Second Circuit presumes that an appeal of that plan is equitably moot. That presumption, however, gives way where five factors the Second Circuit first identified in In re Chateaugay Corp. ("Chateaugay II") are met. They are, where: (i) effective relief can be ordered; (ii) relief will not affect the debtor's reemergence; (iii) relief will not unra