Allowed Claim Amount definition

Allowed Claim Amount means the maximum amount of funds that the Receiver has determined that a claimant or claimants may be entitled to receive from the Estate. Claimants entitled to payment pursuant to this Order will receive less than their respective Allowed Claim Amounts.

Allowed Claim Amount has the meaning set forth in Section 6(a)(i).

Allowed Claim Amount means the amount of an Allowed Claim in the particular Class(es) or categories described.

Examples of Allowed Claim Amount in a sentence

• By way of example, if an Allowed Abuse Claim is determined by the Settlement Trustee to be a tier 1 claim (Base Matrix Value of $600,000) with a Scaling Factor of 1.5 for the nature and circumstances of the abuse, and a mitigating Scaling Factor of 0.75, and no other Scaling Factors, the Proposed Allowed Claim Amount for the Allowed Abuse Claim would be $675,000, calculated as $600,000 x 1.5 x 0.75 =$675,000.

• An Abuse Claimant that seeks recovery on account of an Exigent Health Claim based on an Allowed Claim Amount determined through the matrix shall be moved in front of the FIFO Processing Queue no matter what the order of processing otherwise would have been under these TDP.

• Notwithstanding the foregoing, Seller shall not compromise or settle the Rejection Claim without Purchaser’s prior written consent (which consent shall not be unreasonably withheld or delayed) if such settlement would result in an Allowed Claim Amount that is less than the Settlement Limit.

• These scaling factors can increase or decrease the Proposed Allowed Claim Amount for an Allowed Abuse Claim depending on the severity of the facts underlying the Claim.

• The maximum Claims Matrix value column for each tier represents the maximum Allowed Claim Amount for an Allowed Abuse Claim assigned to a given tier after Claims Matrix review and application of the Scaling Factors described in Article VIII.C (the “Maximum Matrix Value”).

More Definitions of Allowed Claim Amount

Allowed Claim Amount. The AFI Revolver Claims against the ResCap Debtors will be allowed in the aggregate amount of not less than $747,127,553.38, plus accrued and unpaid post-petition interest at the non-default rate. Treatment: In full and final satisfaction of the AFI Revolver Claims against the ResCap Debtors, AFI Revolver Claims will be paid in full in Cash on or before the Effective Date and prior to any payment on account of JSN Claims. Class R-3 (Other Secured Claims)

Allowed Claim Amount. The Senior Unsecured Notes Claims shall be allowed against the ResCap Debtors at $1.

Allowed Claim Amount. The AFI Revolver Claims against the GMACM Debtors will be allowed in the aggregate amount of not less than $747,127,553.38, plus accrued and unpaid post-petition interest at the non-default rate. Treatment: In full and final satisfaction of the AFI Revolver Claims against the GMACM Debtors, the AFI Revolver Claims will be paid in full in Cash on or before the Effective Date and prior to any payment on account of JSN Claims. Class GS-3 (AFI LOC Claims)

Allowed Claim Amount. The AFI Revolver Claims against the RFC Debtors will be allowed in the aggregate amount of not less than $747,127,553.38, plus accrued and unpaid post-petition interest at the non-default rate. Treatment: In full and final satisfaction of the AFI Revolver Claims against the RFC Debtors, the AFI Revolver Claims will be paid in full in Cash on or before the Effective Date and prior to any payment on account of JSN Claims. Class RS-3 (AFI LOC Claims)

Allowed Claim Amount. The AFI LOC Claims in Class RS-3 will be allowed in the aggregate amount of not less than $380,000,000, plus accrued and unpaid post-petition interest at the non-default rate. Treatment: In full and final satisfaction of the AFI LOC Claims against the RFC Debtors, the AFI LOC Claims will be paid in full in Cash on or before the Effective Date. Class RS-4 (Other Secured Claims)

Allowed Claim Amount means the amount of claims asserted against Top Tier Debtors as reflected in (a) a proof of claim filed prior to the November 12, 2009 bar date for claims or such other date as determined by the Bankruptcy Court and to which no objection has been filed as of the Emergence Date, (b) the Top-Tier Debtors’ schedules of assets and liabilities to the extent that (i) such claims were not listed as contingent, superseded or unliquidated, (ii) such claims were not superseded by a filed proof of claim or (iii) such claims were not objected to by the Debtors or any other party in interest, and (c) any order entered by the Bankruptcy Court resolving objections to claims or otherwise determining the allowed amount of any claim.

Allowed Claim Amount means “an allowed liability amount for each Allowed Abuse claim.” TDPs § I.A.