Accepting Class definition

Accepting Class means a Class that votes to accept the Plan in accordance with section 1126 of the Bankruptcy Code.
Accepting Class means a Voting Class in which more than fifty percent of the number of voting Creditors holding Allowed Claims in such Class and at least two-thirds of the dollar amount of Allowed Claims in such Class vote to accept the Plan, in accordance with the Bankruptcy Code. 1.Securities Act.

Examples of Accepting Class in a sentence

  • The following terms shall have the respective meanings specified below: 1.1 Accepting Class means a Class that votes to accept the Plan in accordance with section 1126 of the Bankruptcy Code.

  • In the event that the Proponents seek to cramdown the treatment of the ACC Senior Notes Claims Class pursuant to section 1129(b) of the Bankruptcy Code, and to provide the treatment to the holders of ACC Senior Notes attributable to a non-accepting ACC Senior Notes Claims Class as set forth in Section 5.1, the Proponents shall have the burden of proving that the facts described in subsections (i) and (ii) of the definition of ACC Senior Notes Claims Accepting Class did not occur.

  • In the event that the Bankruptcy Court estimates any contingent or unliquidated Claim, that estimated amount will constitute either the Allowed amount of such Claim or a maximum limitation on such Claim (including for purposes of determining the Disputed Priority Claims Fund, Disputed General Unsecured Claims Fund, Nonaccepting Class 4 Claims Fund and Accepting Class 4 Claims Fund, as applicable), as determined by the Bankruptcy Court.

  • This was due primarily to the 4.9 percent drop in non-performing RRELs, which amounted to P11.4 billion from last quarter’s P12.0 billion.

  • Such subordination is expected to provide Holders of Accepting Class 4 Claims with a 100% recovery before the TW Parties retain any distributions made under the Plan other than the PR Agreement and the Other PR Assets.

  • However, in order to meet the requirement so f long-term industrial environmental data acquisition in the IoT, the acquisition interface device can collect multiple sensor data at the same time, so that moreaccurate and diverse data information can be collected from industrial WSN.

  • The Liquidating LLC Expense Reserve, the Administrative Claims Reserve Fund, the Retention Payment Fund, the Disputed Priority Claims Fund, and if the LLC Option is elected, the Disputed General Unsecured Claims Fund or if the Cash Option is elected, the Nonaccepting Class 4 Claims Fund and the Accepting Class 4 Claims Fund, as applicable, shall all be assets of the Liquidating LLC, but Distributions from such funds shall be governed by the terms of the Plan.

  • FreyThe government of Singapore is launching a new university, the Singapore University of Technology and Design (SUTD), that is scheduled to take in its first freshman class in April, 2012.

  • Second, given the economic background of the CFC program and our consideration of fuel costs, macroeconomic variables, in particular aggregate income and gasoline prices, may affect evolutions of both the net utility flow from a particular vehicle, but also the logit-inclusive value that summarizes the evolving outside option of purchasing other vehicles.

  • If any Syndicate Claims Class is a Non- Accepting Class, the portion of the LIF Contribution that otherwise would have been paid by such Syndicate Claims Class shall be paid instead by the Debtors.

Related to Accepting Class

  • Existing Class means any Existing Term Loan Class and any Existing Revolving Credit Class.

  • participating class means a class of shares title to which is permitted by an Operator to be transferred by means of a relevant system;

  • Controlling Class means (a) the Outstanding Class A Notes, (b) if no Class A Notes are Outstanding, the Outstanding Class B Notes and (c) if no Class B Notes are Outstanding, the Outstanding Class C Notes.

  • Existing Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.

  • Corresponding Class The class of interests in the Lower-Tier REMIC or Upper-Tier REMIC that corresponds to the class of interests in the other such REMIC or to a Class of Certificates in the manner set out below: Corresponding Corresponding Upper-Tier Corresponding Lower-Tier Class Designation Regular Interest Class of Certificates ---------------------------- ---------------- --------------------- Class LT-A-1 Class A-1 Class A-1 Class LT-A-2a Class A-2a Class A-2a Class LT-A-2b Class A-2b Class A-2b Class LT-A-2c Class A-2c Class A-2c Class LT-A-2d Class A-2d Class A-2d Class LT-M-1 Class M-1 Class M-1 Class LT-M-2 Class M-2 Class M-2 Class LT-M-3 Class M-3 Class M-3 Class LT-M-4 Class M-4 Class M-4 Class LT-M-5 Class M-5 Class M-5 Class LT-M-6 Class M-6 Class M-6 Class LT-B-1 Class B-1 Class B-1 Class LT-B-2 Class B-2 Class B-2 Class LT-B-3 Class B-3 Class B-3 N/A Class X Class X

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Voting Classes means Classes 4 and 5.

  • Companion Class With respect to each Lower Tier Regular Class, any Class of Trust Fund Certificates appearing opposite such Lower Tier Regular Class in the Lower Tier Schedule.

  • Participating Class Members means all Class Members who do not submit valid

  • Note Balance means, with respect to any date of determination, for any Class, the Class A-1 Note Balance, the Class A-2 Note Balance, the Class A-3 Note Balance, the Class B Note Balance, the Class C Note Balance, the Class D Note Balance or the Class E Note Balance, as applicable, or with respect to the Notes generally, the sum of all of the foregoing.

  • Required Subordinated Amount of Class D Notes means, for the Class C( - ) Notes for any date of determination, an amount equal to the sum of

  • Corresponding Classes of Certificates With respect to each REMIC Regular Interest, any Class of Certificates appearing opposite such REMIC Regular Interest in Section 1.03 hereof.

  • Class E Note Balance means, at any time, the Initial Class E Note Balance reduced by all payments of principal made prior to such time on the Class E Notes.

  • Affected Class has the meaning specified in Section 2.24(a).

  • Class B-5 Principal Balance As to the first Determination Date, the Original Class B-5 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-5 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-5 Certificates on prior Distribution Dates (A) pursuant to Paragraph nineteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-5 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance and the Class B-4 Principal Balance as of such Determination Date.

  • Required Subordinated Amount of Class C Notes means, for the Class B ( - ) Notes for any date of determination, an amount equal to the sum of

  • Note B Principal Balance means, at any time of determination, the Initial Note B Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon or reductions in such amount pursuant to Sections 3, 4 or 5, as applicable.

  • Initial Class D Note Balance means $142,370,000.

  • Class B-4 Principal Balance As to the first Determination Date, the Original Class B-4 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-4 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-4 Certificates on prior Distribution Dates (A) pursuant to Paragraph sixteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-4 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance and the Class B-3 Principal Balance as of such Determination Date.

  • Class B-1 Principal Balance As to the first Determination Date, the Original Class B-1 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-1 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-1 Certificates on prior Distribution Dates (A) pursuant to Paragraph seventh of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-1 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance as of such Determination Date.

  • Component Principal Balance As of any date of determination, either the PO-1 Component Principal Balance on such date or the PO-2 Component Principal Balance on such date as applicable.

  • Original Class B-5 Principal Balance The Class B-5 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Class E Certificate Any one of the Certificates with a “Class E” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.