Allowed Claim or Allowed Interest means, respectively, any Claim against or Interest in the Debtors, proof of which was filed on or before the applicable bar date, if any, for such Claim or Interest with the Bankruptcy Court, or, if no proof of claim was filed, which has been or is hereafter listed by the Debtors in their schedules as liquidated in amount and not disputed or contingent and, in either case, as to which no objection to the allowance thereof, or motion for estimation thereof, has been interposed within the applicable period of limitation fixed by the Plan, the Bankruptcy Code, the Bankruptcy Rules or the Bankruptcy Court, or as to which an objection or motion to estimate has been interposed, following which such Claim or Interest has been allowed, in whole or in part, by agreement between the Claimholder and the Responsible Person or by Final Order; provided, however, that proofs of claim need not be filed with respect to compensation or reimbursement of expenses allowed by the Bankruptcy Court under section 328, 330, 331 or 503 of the Bankruptcy Code upon appropriate application; and provided further, after the Effective Date, the Debtors or the Responsible Person and any holder of a timely-filed General Unsecured Claim can agree that such Claim should be an “Allowed Claim,” and thereafter treat such Claim as an Allowed Claim without the need to seek further order of the Bankruptcy Court; provided further that any Post-Effective Date Major Settlement shall be subject to Article 9.F of this Plan. For purposes of determining the amount of an “Allowed Claim,” the Debtors may, at their option, deduct therefrom an amount equal to the amount of any claim which the Debtors may hold against the holder thereof, to the extent such claim may be set off pursuant to applicable law.
Allowed Claim or Allowed Interest means a Claim against or Interest in the Debtor or any portion thereof (a) that has been allowed by a Final Order, or (b) as to which, on or by the Effective Date, (i) no proof of Claim or Interest has been filed with the Bankruptcy Court and (ii) the liquidated and noncontingent amount of such Claim is Scheduled, other than at zero, in an unknown amount, or as disputed, or (c) for which a proof of Claim in a liquidated amount has been timely filed with the Bankruptcy Court pursuant to the Bankruptcy Code, any Final Order of the Bankruptcy Court, or other applicable bankruptcy law, and as to which either (i) no Objection to its allowance has been filed in accordance with Article 7 of this Plan or the Bankruptcy Code within the applicable periods of limitation fixed by the Plan the Bankruptcy Code, or (ii) any Objection to its allowance has been settled or withdrawn, or has been denied by a Final Order, or (d) that is expressly allowed in a liquidated amount in the Plan.
Allowed Claim or Allowed Interest means a Claim or Interest having the following characteristics:
Examples of Allowed Claim or Allowed Interest in a sentence
Any Class of Claims or Interests that does not have a Holder of an Allowed Claim or Allowed Interest or a Claim or Interest temporarily Allowed by the Bankruptcy Court as of the date of the Confirmation Hearing shall be deemed eliminated from the Plan for purposes of voting to accept or reject the Plan and for purposes of determining acceptance or rejection of the Plan by such Class pursuant to section 1129(a)(8) of the Bankruptcy Code.
Any Class of Claims or Interests that does not have a holder of an Allowed Claim or Allowed Interest or a Claim or Interest temporarily Allowed by the Bankruptcy Court as of the date of the Confirmation Hearing shall be deemed eliminated from the Plan for purposes of voting to accept or reject the Plan and for purposes of determining acceptance or rejection of the Plan by such Class pursuant to section 1129(a)(8) of the Bankruptcy Code.
A Claim or an Interest also is classified in a particular Class for the purpose of receiving distributions under 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.
Unless otherwise indicated, the Holder of an Allowed Claim or Allowed Interest, as applicable, shall receive such treatment on the Effective Date or as soon as reasonably practicable thereafter.
Unless otherwise indicated, the holder of an Allowed Claim or Allowed Interest, as applicable, shall receive such treatment on the Effective Date or as soon as reasonably practicable thereafter.
More Definitions of Allowed Claim or Allowed Interest
Allowed Claim or Allowed Interest means a Claim or Interest (a) in respect of which a proof of claim or application has been filed with the Bankruptcy Court within the applicable period of limitation fixed by Bankruptcy Rule 3001 or (b) scheduled in the list of Creditors prepared and filed with the Bankruptcy Court pursuant to Bankruptcy Rule 1007(b) and not listed as Disputed Claims or contingent or liquidated as to amount, in either case as to which no objection to the allowance thereof has been interposed within any applicable period of limitation fixed by Bankruptcy Rule 3001 or an order of the Bankruptcy Court, or this Plan, or as to which any such objection has been determined by an order or judgment which is no longer subject to appeal or certiorari proceeding and as to which no appeal or certiorari proceeding is pending or as otherwise allowed under this Plan. An Allowed Claim may refer to a Secured Claim, a General Unsecured Claim, an Administrative Claim or a Priority Claim as the context provides.
Allowed Claim or Allowed Interest means a Claim or Interest
Allowed Claim or Allowed Interest means a Claim or Interest, other than an Administrative Claim, to
Allowed Claim or Allowed Interest means a claim against or equity security interest in the Debtor to the extent that: (a) a proof of such claim or interest was (i) timely filed on or before the deadline set by the Bankruptcy Court by Order by which proofs of claim or interests must have been filed, (ii) deemed filed pursuant to Section1111(a) of the Bankruptcy Code, (iii) not filed, by reason of the fact that the filing of a proof of claim or interest for such claim or interest was not required by the said Order of (iv) filed late with leave of the Bankruptcy Court after notice and opportunity for hearing given to counsel for Debtor; and (b) that such claim (i) is not a Disputed Claim, or (ii) is allowed (and only to the extent allowed) by a Final Order.
Allowed Claim or Allowed Interest means, respectively, except as otherwise allowed or provided for in the Plan or a Final Order of the Bankruptcy Court, a Claim or a Membership Interest, proof of which was timely and properly Filed or, if no proof of claim or proof of interest was filed, which has been or hereafter is listed by the Debtor on its Schedules as liquidated in amount and not disputed or contingent, and, in either case, as to which:
Allowed Claim or Allowed Interest means a Claim or Interest, as the case may be, that (a) has been Scheduled by any Debtor as liquidated, undisputed, and not contingent, and as to which no objection to the allowance thereof has been interposed prior to the Effective Date; (b) has been timely Filed and as to which no objection to the allowance thereof has been interposed prior to the Effective Date; (c) has been Allowed either by settlement (as permitted by the terms of the Plan) or by a Final Order (but only to the extent Allowed); (d) is specified herein to be an Allowed Claim or Allowed Interest; or (e) represents a portion of a liquidated Claim as reflected on the Debtors' books and records. The term "Allowed" when used to modify a reference in the Plan to any claim or class of claims shall mean a claim (or any claim in any such class) that is so Allowed unless otherwise specified in the Plan, the Confirmation Order or in the Final Order of the Bankruptcy Court allowing such Claim. "Allowed Claim or Allowed ... Claim" shall not include interest on the amount of such Claim from and after the Filing Date except as may be otherwise determined by the Court with respect to Class 4 creditors electing Option II.
Allowed Claim or Allowed Interest means:1. If no Claim or Interest has been Filed by the Claims Bar Date or otherwise has been deemed timely Filed under applicable law, a Claim or Interest that has been listed by the Debtor in its schedules as other than disputed, contingent, unliquidated or unknown and as to which the Debtor or any other party in interest has not Filed an objection on or before the Claims Objection Bar Date;