Claim Payment Date definition

Claim Payment Date means the date which is ten (10) Business Days after a Non-Tort Claim becomes an Allowed Claim by a Final Order if such Claim is not an Allowed Claim on the Effective Date. Payment of Tort Claims and Unknown Tort Claims shall be governed by the terms of the Allocation Protocols and the Trust Agreement.

Claim Payment Date means the date on which Authorized Claimants are paid under paragraph 3.5(b).

Claim Payment Date means the date on which Ex-Im Bank makes a Claim Payment. A Claim Payment is made as of the date of the wire transfer of such payment, or the date the check for such Claim Payment is deposited in the mail or given to a private mail delivery service for delivery to Lessor, as the case may be.

Examples of Claim Payment Date in a sentence

• If a Disputed Claim is not an Allowed Claim by the Effective Date, or when payment is otherwise due under the Plan, payment on the Allowed Claim (plus interest, if any is provided for in the Plan) will commence on the Claim Payment Date.

• The Plan provides that Priority Unsecured Claims will be paid in Cash in full on the Claim Payment Date, or by any alternative arrangement agreed to by the Claim holder or ordered by the Bankruptcy Court.

• Holders of Class 4 Claims, as and when such Class 4 Claim is or becomes an Allowed Claim, will be paid on the first Business Day which is six (6) months after the later of Effective Date or the Claim Payment Date.

• Administrative Claims will be paid in full: (i) on the Effective Date or Claim Payment Date, (ii) in the case of Professional Charges, within ten (10) Business Days of entry of a Final Order approving such charges, (iii) by any alternative arrangement agreed to by the Claim holder or ordered by the Bankruptcy Court, or (iv) in the case of post-petition operating expenses, in the ordinary course of the Debtors’ businesses.

• Holders of Class 4 Claims, as and when Allowed, will be paid on the first Business Day which is six (6) months after the Effective Date or the Claim Payment Date.

More Definitions of Claim Payment Date

Claim Payment Date means the date that Ex-Im Bank either wire-transfers a Claim Payment or posts a Claim Payment in the U.S. mail;

Claim Payment Date has the meaning set forth in Section 8.05(c).

Claim Payment Date means ninety (90) Days after the Claim Deadline or thirty

Claim Payment Date. As defined in Section 11.3.2.

Claim Payment Date means the date on which Ex-Im Bank makes a Claim Payment.

Claim Payment Date means, in respect of an Allowed Claim, the later of the Effective Date or the date such Claim becomes Allowed Claim.

Claim Payment Date means the last day of the Waiting Period.