Crown Priority Claims definition

Crown Priority Claims means any Claims of Her Majesty the Queen in right of Canada or in right of any province as described in Subsection 6(3) or Subsection 38(2) of the CCAA. For greater certainty, any Claim of Her Majesty the Queen in right of Canada or in right of any Province other than Crown Priority Claims shall be an Affected Claim hereunder;
Crown Priority Claims means all unpaid amounts, if any, provided for in Section 6(3) of the CCAA;
Crown Priority Claims means those amounts as described in article 4.6 hereof.

Examples of Crown Priority Claims in a sentence

  • Persons with claims secured by the CCAA Charges, Secured Claims, Crown Priority Claims, or Post-Filing Ordinary Course Payables Claims shall not be entitled to vote at any Creditors’ Meeting in respect of the portion of their claim which is a claim secured by the CCAA Charges, a Secured Claim, a Crown Priority Claim or a Subsequent Claim.

  • The rates at December 31, 2002 and 2001 ranged from 5.75% to 11.5% and 7.0% to 11.5%, respectively.

  • All Crown Priority Claims, if any, will be paid in full by the Company within six (6) months immediately following the Sanction Date.

  • The Employee Priority Claims and the Crown Priority Claims, if any, shall be paid on or after the Implementation Date from the Administrative Reserve Account pursuant to and in accordance with section 8.3 hereof, the Sanction Order and the CCAA.

  • Pursuant to the Claims Procedure Order all Claims (other than Employee Priority Claims and Crown Priority Claims) in an original currency other than United States Dollars are converted to United States Dollars using the Bank of Canada daily exchange rate on December 22, 2017.

  • This is the demonstrable adherence to due process in coming to such decisions and taking actions.

  • The First Amended CCAA Plan provides for the creation of the Priority Claim Reserve, to be funded in cash by the Payless Canada Entities on the Implementation Date, from which Crown Priority Claims or Employee Priority Claims will be paid.

  • Employee Priority Claims and Crown Priority Claims in an original currency other than Canadian Dollars are converted to Canadian Dollars using the Bank of Canada daily exchange rate on December 22, 2017.If you AGREE that the foregoing determination accurately reflects your Claim(s) against the Applicants, YOU ARE NOT REQUIRED TO RESPOND TO THIS NOTICE OF CLAIM.

  • Employee Priority Claims and Crown Priority Claims in an original currency other than Canadian Dollars are converted to Canadian Dollars using the Bank of Canada daily exchange rate on December 22, 2017.

  • All Crown Priority Claims that were outstanding as at the Filing Date, if any, shall be paid in full to Her Majesty in right of Canada or a Canadian province or territory, as applicable, within three (3) months after the issuance of the Proposal Approval Order.


More Definitions of Crown Priority Claims

Crown Priority Claims means the amounts that are to be paid by the Migu Plan Companies pursuant to Section [X] of the Plan;
Crown Priority 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 (Canada) or under any substantially similar provision of provincial legislation as at the Filing Date.
Crown Priority Claims means any Claims of Her Majesty the Queen in right of Canada or in right of any Province as described in Section 6(3) or Section 38(2) CCAA. For greater
Crown Priority Claims means those amounts as described in article 4.6 of the Plan.
Crown Priority Claims means Claims of Her Majesty in right of Canada or any province of all amounts of a kind contemplated by Section 60(1.1) of the Act;