Common use of Summary of Classification Clause in Contracts

Summary of Classification. All Claims and Interests, other than Administrative Claims, Professional Fee Claims, and Priority Tax Claims are classified in the Classes set forth in this Article III for all purposes, including voting, Confirmation, and distributions pursuant to the Plan and pursuant to sections 1122 and 1123(a)(1) of the Bankruptcy Code. A Claim or Interest is classified in a particular Class only to the extent that such Claim or Interest qualifies within the description of that Class and is classified in other Classes to the extent that any portion of such Claim or Interest qualifies within the description of such other Classes. A Claim or Interest also is classified in a particular Class for the purpose of receiving distributions pursuant to the Plan only to the extent that such Claim or Interest is an Allowed Claim or Allowed Interest in that Class and has not been paid, released, or otherwise satisfied prior to the Effective Date. The classification of Claims and Interests against each Debtor (as applicable) pursuant to the Plan is as set forth below. The Plan shall apply as a separate Plan for each of the Debtors, and the classification of Claims and Interests set forth herein shall apply separately to each of the Debtors. All of the potential Classes for the Debtors are set forth herein. Certain of the Debtors may not have Holders of Claims or Interests in a particular Class or Classes, and such Claims shall be treated as set forth in Article III.D hereof. For all purposes under the Plan, each Class will contain sub-Classes for each of the Debtors, except that: (1) Class D, Class E, and Class F shall be vacant for each Non-Obligor Debtor; (2) Class G shall be vacant for each Debtor other than CEOC and the Subsidiary Guarantors; (3) Class H shall be vacant for each Debtor other than CEOC; (4) Class I, Class J, Class K, and Class L shall be vacant for each Non-Obligor Debtor and each BIT Debtor; (5) Class M shall be vacant for each Debtor other than the Par Recovery Debtors; (6) Class N shall be vacant for each Debtor other than Debtor Xxxxxxx Holdings, LLC; (7) Class O shall be vacant for each Debtor other than Debtor Caesars Riverboat Casino, LLC; (8) Class P shall be vacant for each Debtor other than Debtor Xxxxxxx Xxxxx Management Company, LLC; (9) Class Q shall be vacant for each Debtor other than the Non-Obligor Debtors; (10) Class U shall be vacant for each Debtor other than CEOC; and (11) Class V shall be vacant for each Debtor other than Des Plaines Development Limited Partnership.1 Voting tabulations for recording acceptances or rejections of the Plan shall be conducted on a Debtor-by-Debtor basis as set forth above.

Appears in 4 contracts

Samples: Call Right Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp), Indenture (CAESARS ENTERTAINMENT Corp)

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Summary of Classification. All Claims and Interests, other than except for Administrative Claims, including DIP Claims, Canadian Fleet Financing Administrative Claims, Interim Fleet Financing Administrative Claims, HVF Master Lease Administrative Claims, Professional Fee Claims, and Priority Tax Claims, Transaction Expenses, and postpetition Intercompany Claims are classified in the Classes set forth in this Article III for all purposes, including voting, Confirmation, and distributions pursuant to the Plan and pursuant to sections 1122 and 1123(a)(1) of the Bankruptcy Code. A Claim or Interest is classified in a particular Class only to the extent that such Claim or Interest qualifies within the description of that Class and is classified in other Classes to the extent that any portion of such Claim or Interest qualifies within the description of such other Classes. A Claim or Interest also is classified in a particular Class for the purpose of receiving distributions pursuant to the Plan only to the extent that such Claim or Interest is an Allowed Claim or Allowed Interest in that Class and has not been paid, released, or otherwise satisfied prior to the Effective Date. The classification of Claims and Interests against each Debtor (as applicable) pursuant to the Plan is as set forth below. The Plan shall apply as a separate Plan for each of the Debtors, and the classification of Claims and Interests set forth herein shall apply separately to each of the Debtors. All of the potential Classes for the Debtors are set forth herein. Certain of the Debtors may not have Holders of Claims or Interests in a particular Class or Classes, and such Claims shall be treated as set forth in Article III.D III.B. hereof. The Plan shall constitute a separate Plan for each of the Debtors. For all purposes under the Plan, each Class will contain contains a sub-Classes Class for each of the Debtors, except thatDebtor: (1i) Class DClasses 3, Class E4, 5, and Class F shall be vacant for each Non-Obligor Debtor; (2) Class G 6 shall be vacant for each Debtor other than CEOC and Hertz Corp., the Subsidiary Guarantors; Guarantors and Rental Car Intermediate Holdings, LLC, and (3ii) Class H 12 shall be vacant for each Debtor other than CEOC; (4) Class I, Class J, Class K, and Class L shall be vacant for each Non-Obligor Debtor and each BIT Debtor; (5) Class M shall be vacant for each Debtor other than the Par Recovery Debtors; (6) Class N shall be vacant for each Debtor other than Debtor Xxxxxxx Holdings, LLC; (7) Class O shall be vacant for each Debtor other than Debtor Caesars Riverboat Casino, LLC; (8) Class P shall be vacant for each Debtor other than Debtor Xxxxxxx Xxxxx Management Company, LLC; (9) Class Q shall be vacant for each Debtor other than the Non-Obligor Debtors; (10) Class U shall be vacant for each Debtor other than CEOC; and (11) Class V shall be vacant for each Debtor other than Des Plaines Development Limited Partnership.1 Hertz Parent. Voting tabulations for recording acceptances or rejections of the Plan shall be conducted on a Debtor-by-Debtor basis as set forth above.. 38 The classification of Claims and Interests against each Debtor (as applicable) pursuant to the Plan is as follows: Class Applicable Entities Claim / Interest Status Voting Rights 2 Each Debtor Other Secured Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 3 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC First Lien Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 4 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC Second Lien Note Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 5 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC Unsecured Funded Debt Claims Impaired Entitled to Vote 6 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC HHN Notes Guarantee Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 7 Each Debtor General Unsecured Claims Impaired Entitled to Vote 8 Each Debtor General Unsecured Elective Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 9 Each Debtor Prepetition Intercompany Claims Unimpaired / Impaired Not Entitled to Vote (Presumed to Accept or Reject) 10 Each Debtor Section 510(b) Claims Impaired Not Entitled to Vote (Presumed to Reject) 11 Each Debtor Intercompany Interests Unimpaired Not Entitled to Vote (Presumed to Accept) 12 Hertz Parent Existing Hertz Parent Equity Interest Impaired Not Entitled to Vote (Presumed to Reject) 39

Appears in 1 contract

Samples: Plan Support Agreement (Hertz Corp)

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Summary of Classification. All Claims and Interests, other than except for Administrative Claims, including DIP Claims, Canadian Fleet Financing Administrative Claims, Interim Fleet Financing Administrative Claims, HVF Master Lease Administrative Claims, Professional Fee Claims, and Priority Tax Claims, Transaction Expenses, and postpetition Intercompany Claims are classified in the Classes set forth in this Article III for all purposes, including voting, Confirmation, and distributions pursuant to the Plan and pursuant to sections 1122 and 1123(a)(1) of the Bankruptcy Code. A Claim or Interest is classified in a particular Class only to the extent that such Claim or Interest qualifies within the description of that Class and is classified in other Classes to the extent that any portion of such Claim or Interest qualifies within the description of such other Classes. A Claim or Interest also is classified in a particular Class for the purpose of receiving distributions pursuant to the Plan only to the extent that such Claim or Interest is an Allowed Claim or Allowed Interest in that Class and has not been paid, released, or otherwise satisfied prior to the Effective Date. The classification of Claims and Interests against each Debtor (as applicable) pursuant to the Plan is as set forth below. The Plan shall apply as a separate Plan for each of the Debtors, and the classification of Claims and Interests set forth herein shall apply separately to each of the Debtors. All of the potential Classes for the Debtors are set forth herein. Certain of the Debtors may not have Holders of Claims or Interests in a particular Class or Classes, and such Claims shall be treated as set forth in Article III.D III.B. hereof. The Plan shall constitute a separate Plan for each of the Debtors. For all purposes under the Plan, each Class will contain contains a sub-Classes Class for each of the Debtors, except thatDebtor: (1i) Class DClasses 3, Class E4, 5, and Class F shall be vacant for each Non-Obligor Debtor; (2) Class G 6 shall be vacant for each Debtor other than CEOC and Hertz Corp., the Subsidiary Guarantors; Guarantors and Rental Car Intermediate Holdings, LLC, and (3ii) Class H 11 shall be vacant for each Debtor other than CEOC; (4) Class I, Class J, Class K, and Class L shall be vacant for each Non-Obligor Debtor and each BIT Debtor; (5) Class M shall be vacant for each Debtor other than the Par Recovery Debtors; (6) Class N shall be vacant for each Debtor other than Debtor Xxxxxxx Holdings, LLC; (7) Class O shall be vacant for each Debtor other than Debtor Caesars Riverboat Casino, LLC; (8) Class P shall be vacant for each Debtor other than Debtor Xxxxxxx Xxxxx Management Company, LLC; (9) Class Q shall be vacant for each Debtor other than the Non-Obligor Debtors; (10) Class U shall be vacant for each Debtor other than CEOC; and (11) Class V shall be vacant for each Debtor other than Des Plaines Development Limited Partnership.1 Hertz Parent. Voting tabulations for recording acceptances or rejections of the Plan shall be conducted on a Debtor-by-Debtor basis as set forth above.. 39 The classification of Claims and Interests against each Debtor (as applicable) pursuant to the Plan is as follows: Class Applicable Entities Claim / Interest Status Voting Rights 2 Each Debtor Other Secured Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 3 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC First Lien Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 4 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC Second Lien Note Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 5 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC Unsecured Funded Debt Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 6 Hertz Corp., the Subsidiary Guarantors, and Rental Car Intermediate Holdings, LLC HHN Notes Guarantee Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 7 Each Debtor General Unsecured Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 8 Each Debtor Prepetition Intercompany Claims Unimpaired Not Entitled to Vote (Presumed to Accept) 9 RESERVED N/A N/A N/A 10 Each Debtor Intercompany Interests Unimpaired Not Entitled to Vote (Presumed to Accept) 11 Hertz Parent Existing Hertz Parent Interests Impaired Entitled to Vote

Appears in 1 contract

Samples: Plan Support Agreement (Hertz Corp)

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