Disputed Interest definition

Disputed Interest means the interest determined in any case under the provisions of the Income-tax Act, 1961, where—
Disputed Interest means any Interest that is not an Allowed Interest or a Disallowed Interest.
Disputed Interest means an Interest, or any portion thereof, that is Disputed. For purposes of the Plan, an Interest that has been neither Allowed nor Disallowed shall be considered a Disputed Interest.

Examples of Disputed Interest in a sentence

  • From and after the Effective Date, the Reorganized Debtors may settle or compromise any Disputed Claim or Disputed Interest without approval of the Bankruptcy Court.

  • To the extent that a Disputed Claim or Disputed Interest ultimately becomes an Allowed Claim or Allowed Interest, distributions (if any) shall be made to the Holder of such Allowed Claim or Allowed Interest in accordance with the provisions of the Plan.

  • As soon as practicable after the date that the order or judgment of the Bankruptcy Court allowing any Disputed Claim or Disputed Interest becomes a Final Order, the Reorganized Debtor shall provide to the Holder of such Claim or Interest the distribution (if any) to which such Holder is entitled under the Plan as of the Effective Date, without any interest, dividends, or accruals to be paid on account of such Claim or Interest unless required under applicable bankruptcy law.

  • Notwithstanding any other provision of this Plan to the contrary, no payments or distributions of any kind or nature shall be made with respect to all or any portion of a Disputed Claim or Disputed Interest unless and until all objections to such Disputed Claim or Disputed Interest have been settled or withdrawn or have been determined by Final Order, and the Disputed Claim or Disputed Interest has become an Allowed Claim or Allowed Interest, as applicable, pursuant to a Final Order.

  • Any objectives shall be litigated to a Final Order Except to the extent that PCMLLC elects to withdraw any such objection or to the extent that PCMLLC and the claimant elect to compromise, settle or otherwise resolve any Disputed Claim or Disputed Interest without approval of the Bankruptcy Court.


More Definitions of Disputed Interest

Disputed Interest means an Interest as to which an objection has been timely Filed under applicable law and such has not been withdrawn on or before any date fixed by the Plan or by order of the Bankruptcy Court for Filing such objections and such objection has not been denied by a Final Order.
Disputed Interest means the interest determined in any case under the 10
Disputed Interest means, respectively, any Interest which on or by the Effective Date (i) is the subject of an objection filed by the Debtor or any other party in interest and which objection has not been withdrawn or overruled by Final Order or (ii) has been disallowed by a Final Order.
Disputed Interest means an Interest, or any portion thereof, that is Disputed.
Disputed Interest means any Interest as to which the Debtor has interposed a timely objection or request for estimation in accordance with the Bankruptcy Code and the Bankruptcy Rules or any Interest otherwise disputed by the Debtor in accordance with applicable law, which objection, request for estimation or dispute has not been withdrawn or determined by a Final Order.
Disputed Interest means every Interest that is not an Allowed Interest.
Disputed Interest means an Interest in any one of the Debtors that ----------------- is not an Allowed Interest.