Class 1 Claims definition

Class 1 Claims has the meaning set forth in Section 2.8(a) of this Plan.
View Source
Class 1 Claims means, collectively, all Claims in Classes 1A, 1B, 1C, 1D, 1E, 1F, 1G, 1H and 1I.
View Source
Class 1 Claims means any Allowed Priority Claim to be satisfied solely by a payment in Cash from the Other Asset Trust Account in accordance with Section II.B.1 of the Plan.
View Source

Examples of Class 1 Claims in a sentence

  • Holders of Allowed Class 1 Claims are conclusively presumed to have accepted the Plan under section 1126(f) of the Bankruptcy Code.

  • Holders of Allowed Class 1 Claims are not entitled to vote to accept or reject the Plan.

  • Class 1 Claims are Unimpaired and the holders of Class 1 Claims are deemed to have accepted the Plan and, accordingly, are not entitled to vote on the Plan.

  • Class 1 is an Unimpaired Class, and the Holders of Class 1 Claims will be conclusively deemed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • Class 1 Claims shall be allowed or disallowed in accordance with Article IV of this Plan and applicable provisions of the Bankruptcy Code and Bankruptcy Rules.

  • The remaining amount of Claims owing to the Professionals shall be paid in Cash to such Professionals by the Reorganized Debtors from the Professional Fee Escrow Account when such Claims are Allowed by a Bankruptcy Court order and in accordance with the treatment afforded to Class 1 Claims under the Plan.

  • Therefore, the Holders of Class 1 Claims will not be entitled to vote to accept or reject the Plan.

  • Class 1 Claims are unimpaired and are not entitled to vote on this Plan.

  • Class 1 Claims are unimpaired and the holders thereof are not entitled to vote on this Plan.

  • Holders of Class 1 Claims are deemed to have accepted the Plan and are not entitled to vote on the Plan.


More Definitions of Class 1 Claims

Class 1 Claims means Class 1 Claims as described in the Plan.
View Source
Class 1 Claims means Class 1 Claims - Senior Note Claims defined in the Plan.
View Source

Related to Class 1 Claims

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Released Class Claims means the claims being released as described in Paragraph 5.2 below.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • Subordinated Claims shall have the meaning set forth in Section 3.6(c)(i) hereof.