Common use of General Rules of Classification Clause in Contracts

General Rules of Classification. Generally, a Claim is classified in a particular Class for voting and distribution purposes only to the extent the Claim qualifies within the description of that Class, and is classified in another Class or Classes to the extent any remainder of the Claim qualifies within the description of such other Class or Classes. Unless otherwise provided, to the extent a Claim qualifies for inclusion in a more specifically defined Class and a more generally-defined Class, it shall be included in the more specifically defined Class.

Appears in 4 contracts

Samples: Restructuring Support Agreement (Broadview Networks Holdings Inc), Restructuring Support Agreement (Otelco Inc.), Restructuring Support Agreement (Broadview Networks Holdings Inc)

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