Class 5 definition

Class 5 means a vehicle with a GVWR greater than 16,000 lbs. and less than or equal to 19,500 lbs.
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Class 5 means a vehicle with a GVWR that is above 16,000 pounds but at or below 19,500 pounds.
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Class 5 means an on-road vehicle with a GVWR that is 16,001 pounds up to 19,500 pounds.
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Examples of Class 5 in a sentence

  • Class 5 is conclusively deemed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code or rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • The Debtors or Reorganized Debtors, as applicable, reserve the right to seek a ruling from the Bankruptcy Court determining whether any Claim should be subordinated pursuant to section 510(b) of the Bankruptcy Code and treated under the Plan as a Class 5 Subordinated Claim.

  • Claims and Interests in Class 5 and 8 are Impaired and will receive no distribution under this Plan and are deemed to have rejected this Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • Class 5 is Impaired and not receiving any distribution under this Plan, and Holders of Subordinated Claims are deemed to have rejected this Plan pursuant to section 1126(g) of the Bankruptcy Code.


More Definitions of Class 5

Class 5 means heavy-duty motor vehicles above 16,000 pounds GVWR but at or below 19,500 pounds GVWR.
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Class 5 means a vehicle with a GVWR that is 16,001 pounds up to 19,500 pounds.
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Class 5 means the Allowed Unsecured Claims, as described and classified in Section 8.05 of the Plan.
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Class 5. (“Dosbarth 5”) means the class of dwellings described in regulation 8;
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Class 5. Section 510(b) Claims Treatment. Claims arising under section 510(b) of the Bankruptcy Code, if any, shall be cancelled without any distribution, and such holders of such claims will receive no recovery under the Plan. Voting. Impaired; non-voting.
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Class 5 means a class of heavy-duty vehicle that has a GVWR of more than 7 257 kg (16,000 pounds) but not more than 8 845 kg (19,500 pounds).
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Class 5 means the impaired class designated as "Class 5" under the Reorganization Plan, which consists of (i) all Class 5 Equity Interests and (ii) all Class 5 Litigation Claims.
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