Admitted Claim definition

Admitted Claim means a Claim of an SoP Creditor that is included on the final list of Claims filed timely in accordance with Section 255(1)(1o) and 265 DBA and which has been acknowledged (erkend) by the SoP Administrator Administrators (and which has not been retracted by the SoP Administrator Administrators at the Voting Hearing), as evidenced by the official court record of the Voting Hearing as referred to in Section 269 DBA.

Admitted Claim has the meaning set forth in Section 9.1(e).

Admitted Claim means any ordinary unsecured Claim against the Company (whether in respect of unpaid principal, interest or otherwise) which is not an Expense Claim, which is or has been admitted by the Joint Administrators in accordance with the Insolvency Rules (including, for the avoidance of doubt, where the creditor has successfully appealed under Rule 14.8 against the rejection of its Claim);

Examples of Admitted Claim in a sentence

• No distributions will be made in respect of a Trust Creditor’s Claim unless that Trust Creditor’s Claim is an Admitted Claim.

• Trust Creditors who have been paid the full amount of their entitlement in respect of their Admitted Claim under this Deed will no longer be entitled to attend and participate in meetings of Trust Creditors.

• The Trustees are entitled to rely upon any steps and determinations made by the Deed Administrators for the purposes of this clause in respect of whether a claim asserted for the purposes of claiming under this Deed is an Admitted Claim, together with any information, and proofs or particulars of debt provided to the Administrators or Deed Administrators.

• The Trustees are entitled to rely upon any steps and determinations made by the Deed Administrators for the purposes of this clause in respect of whether a claim asserted for the purposes of claiming under this Deed is an Admitted Claim, together with any information and proofs or particulars of debt provided to the Administrators or Deed Administrators.

• If an SIHNV MPC Claimant or SIHNV Contractual Claimant already holds an Admitted Claim pursuant to filing its participation Claim in the voting SoP process (see par.

More Definitions of Admitted Claim

Admitted Claim has the meanings set forth in Sections 11.1(b), 11.2(b), and 11.3(b).

Admitted Claim means any ordinary unsecured Claim against the Company (whether in respect of unpaid principal, interest or otherwise) which is not an Expense Claim, which is or has been admitted by the Joint Administrators in accordance with Rule 14.7 of the Insolvency Rules or has been admitted in accordance with Rule 2.77 of the Insolvency Rules.

Admitted Claim means an unsecured claim (other than a Preferential

Admitted Claim means a claim under Warranties and/or the Tax Deed of Covenant which has been agreed by the Vendors and the Purchaser or which is the subject of a judgment of the court;

Admitted Claim means a Claim by Buyer which Stockholders’ Representative does not dispute within 30 days of his receipt of such Claim. A “Final Determination” means (A) a written agreement or written instructions signed by Stockholders’ Representative and Buyer with respect to the Indemnification Notice, or (B) an arbitration award or a decree or judgment of a court of competent jurisdiction in the United States of America from which no appeal may be taken, in each of (A) and (B) showing that the amount claimed in the Indemnification Amount is owed.

Admitted Claim has the meaning given in clause 10.11(a);

Admitted Claim is defined in Section 7.5.