Class 5A Claim definition

Class 5A Claim means a Claim that is classified in Class 5A.
Sample 1Sample 2Sample 3
Class 5A Claim means a Notes Claim against Gulfport Parent classified as a Claim in Class 5A under the Plan.
Sample 1Sample 2Sample 3
Class 5A Claim means a Notes Claim against Gulfport Parent classified as a Claim in Class 5A underthe Plan.
Sample 1

Examples of Class 5A Claim in a sentence

  • On the Effective Date each holder of an Allowed Class 5-A Claim shall receive, in full, final, and complete settlement, satisfaction, release, and exchange of such holder’s Series 2001-B GO Claims, the following: (1) Cash in the amount of $123,291.67, to be distributed as specified in Exhibit A to the GO Plan Support Agreement; and (2) a Pro Rata Distribution of Replacement 2001-B GO Warrants, which will be repaid on the terms set forth in the Amended and Restated GO Warrant Indentures.

  • Except to the extent that a Holder of an Allowed Class 5A Claim agrees to a less favorable treatment, in full and final satisfaction, compromise, settlement, and release of and in exchange for each Class 5A Claim, Allowed Class 5A Claims shall receive a beneficial interest in its Pro Rata share of the Liquidating Trust Assets.

  • The holder of the Allowed Class 5A Secured Claim shall receive all Net Proceeds of the sale of the collateral securing the Allowed Class 5A Claim until such time as (A) the Allowed Class 5A Claim is paid in full, in cash, inclusive of interest, costs and attorneys’ fees, or (B) all of the collateral securing the Allowed Class 5A Claim has been monetized.

  • Treatment: The Senior Notes Claims are deemed Allowed by the Plan in the aggregate principal amount of $250 million, plus accrued and unpaid interest (as of the Petition Date) for an aggregate amount of $251,133,413.2 Subject to Section 3.18 below, each Holder of an Allowed Class 5A Claim will receive such Holder’s Unsecured Claims Pro Rata share of 46,247,760 shares of New Spansion Common Stock.

  • On the Effective Date each holder of an Allowed Class 5-A Claim shall receive, in full, final, and complete settlement, satisfaction, release, and exchange of such holder’s Series 2001-B GO Claims, the following: (1) Cash in the amount of $123,291.67, to be distributed as specified in Exhibit A to the GO Plan Support Agreement; and (2) a Pro Rata Distribution ofReplacement 2001-B GO Warrants, which will be repaid on the terms set forth in the Amended and Restated GO Warrant Indentures.

  • The Reorganized Debtor shall not be liable for any deficiency on account of the Allowed Class 5A Claim as the claim shall be paid solely from the proceeds of the collateral.

  • The holder of the Class 5A Claim shall receive payment of any amount(s) remaining from the Sale Proceeds, after payment in full of Classes 1, 2, 3, 4, 5A, and 6 up to the full of the amount of its claim.

  • The holder of the Class 5A Claim shall receive payment of any amount(s) remaining from the Sale Proceeds, after payment in full of Classes 1, 2, 3 and 4 up to the full of the amount of its claim.

  • Vote On Plan.The holder of a [Class 3] [Class 4] [Class 5A] Claim against the Prospective Debtors votes as follows (check one box only — if you do not check a box, or if you check both boxes, your vote will not be counted):□ to ACCEPT the Plan □ to REJECT the Plan □ in connection with my REJECTION of the Plan, I do not consent to the release, exculpation, and injunction provisions contained in Article XI of the Plan.

  • I am aware that, in total, the Debtors will reserve a Class 5A Distribution of approximately $144 million from which to satisfy any Disputed Claim that ultimately becomes an Allowed Class 5A Claim.

Related to Class 5A Claim

  • Disallowed Claim means (a) a Claim, or any portion thereof, that has been disallowed by a Final Order or a settlement, (b) a Claim or any portion thereof that is Scheduled at zero or as contingent, disputed, or unliquidated and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law, or (c) a Claim or any portion thereof that is not Scheduled and as to which a proof of claim bar date has been established but no proof of claim has been timely filed or deemed timely filed with the Bankruptcy Court pursuant to either the Bankruptcy Code or any Final Order of the Bankruptcy Court or otherwise deemed timely filed under applicable law.

  • Released Class Claims means the claims being released as described in Paragraph 6.2 below.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Disputed Claim means any Claim that is not Allowed.

  • 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;