Treatment of Claims and Equity Interests. To the extent a Class contains Allowed Claims or Allowed Equity Interests with respect to a particular Debtor, the treatment provided to each Class for distribution purposes is specified below:
Treatment of Claims and Equity Interests. Each Holder of an Allowed Claim or Allowed Equity Interest, as applicable, shall receive under this Plan the treatment described below in full and final satisfaction, settlement, release, and discharge of and in exchange for such Holder’s Allowed Claim or Allowed Equity Interest, as applicable, except to the extent different treatment is agreed to in writing by the Debtors or the Reorganized Debtors, as applicable, and the Holder of such Allowed Claim or Allowed Equity Interest, as applicable. Unless otherwise indicated, the Holder of an Allowed Claim or Allowed Equity Interest, as applicable, shall receive such treatment on the Effective Date (or, if payment is not then due, in accordance with such Claim’s or Equity Interest’s terms in the ordinary course of business) or as soon as reasonably practicable thereafter. 1. Class 1 – Other Secured Claims (a) Classification: Class 1 consists of all Allowed Other Secured Claims against any Debtor. (b)
Treatment of Claims and Equity Interests. The Plan of Reorganization shall provide for the treatment and discharge of claims and equity interests in the Seller and the Subsidiaries on a basis not substantially less favorable to Purchaser than as set forth in the draft plan of reorganization previously provided to the Purchaser. In addition, except with respect to the treatment of Secured Indebtedness, the Plan of Reorganization shall provide for the discharge of all pre-petition liabilities to the fullest extent permitted by law.
Treatment of Claims and Equity Interests. DIP Claims The debtor in possession financing facility (the “DIP Facility”) shall, on the effective date of the Acceptable Plan (the “Effective Date”), convert to the Exit Financing facility in accordance with the terms of the DIP Facility or be paid in full in cash. Administrative Claims Each holder of an allowed administrative claim, including claims of the type described in section 503(b)(9) of the Bankruptcy Code, will receive payment in full (in cash) of the unpaid portion of its allowed administrative claim on the Effective Date or as soon thereafter as practicable (or, if payment is not then due, shall be paid in accordance with its terms) or pursuant to such other terms as may be agreed to by the holder of such claim and the Debtors. Priority Tax Claims Priority tax claims will be treated in accordance with section 1129(a)(9)(C) of the Bankruptcy Code. Other Priority Claims All other priority claims will be paid in full (in cash) on the Effective Date, or as soon thereafter as practicable, or treated in any other manner so that such claim will otherwise be rendered unimpaired.
Treatment of Claims and Equity Interests. 14 5.1 Class 1 - Priority Claims......................................14 5.1.1
Treatment of Claims and Equity Interests. 5.1 CLASS 1 -
Treatment of Claims and Equity Interests. 10 4.1. CLASS 1 -- OTHER PRIORITY CLAIMS...................................... 10 (a) Impairment and Voting.......................................... 10 (b) Distributions.................................................. 10 4.2. CLASS 2 -- SECURED FLEET CLAIM........................................ 10
Treatment of Claims and Equity Interests. 4.1. CLASS 1 -- OTHER PRIORITY CLAIMS. --------------------------------
Treatment of Claims and Equity Interests. Administrative, Priority Tax and Other Priority Claims On or as soon as practicable after the Effective Date, each holder of an allowed administrative, priority tax or other priority claim shall receive cash equal to the full amount of its claim or otherwise be rendered unimpaired.
Treatment of Claims and Equity Interests. Section 4.1 Class 1 – Priority Non-Tax Claims ........................................................................... 29 Section 4.2 Class 2 – Secured Tax Claims .................................................................................. 29 Section 4.3 Class 3 – DIP Roll-Up Claims .................................................................................. 30 Section 4.4 Class 4 – Senior Secured Claims .............................................................................. 30 Section 4.5 Class 5 – Bridge Loan Claims .................................................................................. 32 Section 4.6 Class 6 – Other Secured Claims................................................................................ 33
