Allowed Property Damage Claims definition

Allowed Property Damage Claims means a Property Damage Claim which was the subject of a timely filed Proof of Claim (or a Proof of Claim that was authorized by a Final Order to be late filed before the Effective Date) and (a) has been Allowed by a Final Order, (b) is Allowed (i) pursuant to the Plan, or (ii) in any stipulation that is approved by the Bankruptcy Court, or (c) that is Allowed through the Tort Claims Trust Distribution Procedures.
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Allowed Property Damage Claims means a Property Damage Claim which was the subject of a timely filed Proof of Claim (or a Proof of Claim that was authorized by a Final Order to be late filed before the Effective Date) and (a) has been Allowed by a Final
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Examples of Allowed Property Damage Claims in a sentence

  • In accordance with the TDPs, the Tort Claims Trustee shall make Distributions to the Holders of Allowed Property Damage Claims either directly or through the care of their counsel.

  • More particularly: Fund A was established for the benefit of Allowed Asbestos Claims, Allowed Future Tort Claims, and Allowed Unaccounted-for Tort Claims; Fund B was established for the benefit of Allowed Indirect Environmental Claims;  Fund C was established for the benefit of Allowed Property Damage Claims; and  Fund D was established for the benefit of Allowed Non-Asbestos Toxic Exposure Claims.The Avoca Plaintiffs, as victims of creosote exposure, held claims that fell into category D.

  • ClassType of Claimor Equity Interest TreatmentEstimated Recovery however, that (i) all Allowed Asbestos Property Damage Claims or Allowed Asbestos Property Damage Contribution Claims shall be paid solely from the PD Existing Insurance and shall receive no Cash distribution from G-I, and (ii) such Allowed Property Damage Claims and Allowed Property Damage Contribution Claims shall be subject to the terms and provisions of Section 6.5 of the Plan.

  • Property Damage Claims: In accordance with the TDPs, the Tort Claims Trustee shall make Distributions to the Holders of Allowed Property Damage Claims either directly or through the care of their counsel.

  • Fund C is a fund established for the payment of Allowed Property Damage Claims, and shall consist of a separate sub-account within the Trust, as defined in the Agreement.

Related to Allowed Property Damage Claims

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Claims is defined in Section 12.3.