Common use of Presumed Acceptance of the Plan Clause in Contracts

Presumed Acceptance of the Plan. Classes 1, 2, 3, and 4 are Unimpaired under the Plan. The Holders of Claims and Equity Interests in such Classes are conclusively presumed to have accepted the Plan and are not entitled to vote to accept or reject the Plan.

Appears in 2 contracts

Samples: Restructuring and Lock Up Agreement (Constar International Inc), Restructuring and Lock Up Agreement

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Presumed Acceptance of the Plan. Under the Plan, (a) Classes 1, 2, 3, and 4 6 are Unimpaired under Unimpaired, (b) the Plan. The Holders of Claims and Equity Interests in such Classes are conclusively presumed to have accepted the Plan Plan, and (c) such Holders are not entitled to vote to accept or reject the PlanPlan and the votes of such Holders shall not be solicited.

Appears in 1 contract

Samples: Restructuring Support Agreement (Spirit Airlines, Inc.)

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Presumed Acceptance of the Plan. Classes 1, 2, 3, 4, 5, 6, and 4 7 are Unimpaired not Impaired under the Plan. The , and the Holders of Claims and Equity Interests in such Classes are conclusively presumed deemed to have accepted the Plan and are not entitled to vote to accept or reject the Plan.

Appears in 1 contract

Samples: Recapitalization Agreement (Ventura Capital Privado, S.A. De C.V.)

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