Crown Claims definition

Crown Claims means the Claims of the Crown set out in Section 60(1.1) of the BIA outstanding as at the Filing Date against the Company, if any, payment of which will be made in priority to the payment of the Preferred Claims and to distributions in respect of the Ordinary Claims, and specifically excludes any other claims of the Crown;
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Crown Claims means all amounts owing to Canada Revenue Agency that could be subject to a demand under subsection 224(1.2) of the Income Tax Act or under any substantially similar provision of provincial legislation as at the Filing Date;
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Crown Claims means any Claim of the Crown, for all amounts that were outstanding at the Filing Date and are of a kind that could be subject to a demand under:
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Examples of Crown Claims in a sentence

  • Within thirty (30) Business Days following the granting of the Approval Order, the Crown Claims, if any, will be paid by the Proposal Trustee, in full with related interest and penalties as prescribed by the applicable laws, regulations and decrees.

  • All Crown Claims in respect of all amounts that were outstanding at the Filing Date shall be paid in full to the Crown within six months of the Sanction Order, as required by subsection 6(3) of the CCAA.

  • All Special Crown Claims are Priority Payments and shall be paid in full to the Crown within six(6) months of the Sanction Order, as required by section 6(3) of the CCAA.

  • All Crown Claims in respect of all amounts that were outstanding at the Filing Date or related to the period ending on the Filing Date shall be paid in full to the Crown within six months of the Sanction Order, as required by section 6(3) of the CCAA.

  • Therefore, the Priority Claims under the Proposal do not include any Crown Claims (and comprise only the Employee Priority Claims).

  • For greater certainty, the Company calculates Crown Claims at $0 as at the Filing Date.

  • If either Party questions a truck scale result, then the questioning Party shall so advise the other Party in writing within ten (10) business days of receipt of the weight information which gives rise to the questions.

  • Ziegel, “Conditional Sales and Superpriority Crown Claims Under ITA s.

  • Upon Court Ratification, in further consideration for its agreement to pay the Crown Claims, the Claims of Preferred Creditors, the Dividend Fund and Administrative Fees and Expenses, the Unaffected Secured Creditor shall be issued the New Common Shares, as further set out in the Articles of Reorganization.

  • Upon (i) payment to the Proposal Trustee by the Proposal Sponsor of the Lump Sum Payment,(ii) payment by the Debtor of the Employee Claims and Crown Claims (if any), and (iv) payment by the Debtor of the Proposal Trustee Expenses up to the Implementation Date, the Debtor, its successors and assigns and its directors and officers, shall be deemed to have satisfied the terms of the Proposal and the Proposal Trustee shall provide the Certificate of Full Performance.


More Definitions of Crown Claims

Crown Claims means an amount due to Her Majesty in Right of Canada or a Province and that are of a kind that could be subject to a demand under:
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Crown Claims means Claims of Her Majesty in Right of Canada or a Province of Canada as described at section 60(1.1) of the BIA that were outstanding on the date of the filing of the Notice of Intention;
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Crown Claims means claims of Her Majesty in Right of Canada or a Province for all amounts that were outstanding as at the Filing Date and are of a kind that could be subject to a demand under,
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Crown Claims means any claim of her Majesty the Queen in right of Canada or any province and described in Section 6(3) of the CCAA;
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Crown Claims means Claims of His Majesty in right of Canada or any province of all amounts of a kind contemplated by section 60(1.1) of the Act;
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Related to Crown Claims

  • Unknown Claims means any Released Plaintiffs’ Claims which any Lead Plaintiff or any other Settlement Class Member does not know or suspect to exist in his, her or its favor at the time of the release of such claims, and any Released Defendants’ Claims which any Defendant or any other Defendants’ Releasee does not know or suspect to exist in his, her, or its favor at the time of the release of such claims, which, if known by him, her or it, might have affected his, her or its decision(s) with respect to this Settlement. With respect to any and all Released Claims, the Parties stipulate and agree that, upon the Effective Date of the Settlement, Lead Plaintiffs and Defendants shall expressly waive, and each of the other Settlement Class Members and each of the other Defendants’ Releasees shall be deemed to have waived, and by operation of the Judgment or the Alternate Judgment, if applicable, shall have expressly waived, any and all provisions, rights, and benefits conferred by any law of any state or territory of the United States, or principle of common law or foreign law, which is similar, comparable, or equivalent to California Civil Code §1542, which provides:

  • Released Claims means all Released Defendants’ Claims and all Released Plaintiffs’ Claims.

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

  • Clean Claim means a claim that:

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

  • Proven Claim means (a) a Claim of a Creditor, Finally Determined as an Allowed Claim for voting, distribution and payment purposes under the Plan, (b) in the case of the Participating CCAA Parties in respect of their CCAA Party Pre-Filing Interco Claims, and in the case of the Non-Filed Affiliates in respect of their Non-Filed Affiliate Unsecured Interco Claims and Non- Filed Affiliate Secured Interco Claims, as such Claims are declared, solely for the purposes of the Plan, to be Proven Claims pursuant to and in the amounts set out in the Amended and Restated Meetings Order, and (c) in the case of Employee Priority Claims and Government Priority Claims, as Finally Determined to be a valid post-Filing Date claim against a Participating CCAA Party;

  • Plaintiffs means Xxxx Xxxxx, Xxxxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx Xxx, and the other Class Members.

  • Claims is defined in Section 12.3.