Examples of FCR Claim in a sentence
Class 5 (General Unsecured Claims), Class 6 (Abuse Claims), Class 7 (the Personal Injury Claim), Class 8 (the USOPC Claim), Class 9 (Indemnification Claims), and Class 10 (the FCR Claim, only under the Full or Partial Settlement Alternative) are each impaired but entitled to receive some property under the Plan.
On the Effective Date, all of the Debtor’s rights and obligations, if any, with respect to each and every Class 8 Claim, Class 9 Claim, and FCR Claim, shall be assigned to and assumed by the Plan Trust.
The vote of the Class 10 FCR Claim will only be counted if the Plan Proponents jointly elect the Full or Partial Settlement Alternative.
Class 5 (General Unsecured Claims), Class 6 (Abuse Claims), Class 7 (the USOPC Claim), Class 8 (Indemnification Claims), Class 9 (the FCR Claim), and Class 10 (Sexual Abuse Claims Filed After the Bar Date) are each impaired but entitled to receive some property under the Plan.
Class 5 (General Unsecured Claims), Class 6 (Abuse Claims), Class 7 (the USOPC Claim), Class 8 (Indemnification Claims), Class 9 (the FCR Claim), Class 10 (Sexual Abuse Claims Filed After the Bar Date) are each impaired but entitled to receive some property under the Plan.
In this case, the Abuse Claims in Class 6, the Personal Injury Claim in Class 7, the USOPC Claim in Class 8, the Indemnification Claim in Class 9, and the FCR Claim in Class 10(only under the Full or Partial Settlement Alternative) are unliquidated.
The holder of the Class 10 FCR Claim will be allowed to vote and allocated a Claim in the amount of $1.00 for voting purposes only.
In this case, the Abuse Claims in Class 6, the Personal Injury Claim in Class 7, the USOPC Claim in Class 8, the Indemnification Claim in Class 9, and the FCR Claim in Class 10 (only under the Full or Partial Settlement Alternative) are unliquidated.
The Claim will be entitled to a distribution if the Claims Reviewer, in consultation with the FCR, determines, after appropriate investigation, that the holder of such claim has proven by a preponderance of the evidence that such holder’s Claim meets the definition of (i) an FCR Claim and (ii) a Class 8 or Class 9 Claim.
Interviews could be held with the customer and supplier in this new situation with the merged companies.