Insider Claims definition

Insider Claims means the Claims of entities that are deemed to be insiders of the Debtor pursuant to section 101(31) of the Bankruptcy Code.

Insider Claims means any claims asserted by Insiders of the Debtors, including but not limited to any claims asserted by Highland or any Affiliate thereof, but excluding the HCLOF Claim unless otherwise indicated in the Plan.

Insider Claims means the Claim of any Insider.

Examples of Insider Claims in a sentence

• Subordination of Insider Claims is not required under the Bankruptcy Code; however, the Plan’s subordination of such Claims reflects the Debtor’s belief that the Claims of other Creditors of the Debtor generally should be paid before the Debtor pays Insiders.

• If HCLOF elects not to reset one or more of the Acis CLOs, then the Acis CLOs will continue to be managed in accordance with market standards.The holders of Allowed Class 3 General Unsecured Claims and Allowed Subclass 4A Insider Claims will receive an Unsecured Cash Flow Note from the Reorganized Debtor, which will bear interest at the Plan Rate and mature three (3) years after the Effective Date.

• Class 5 shall consist of Insider Claims which constitute General Unsecured Claims and shall specifically include any General Unsecured Claim asserted by Highland and any Affiliate of Highland.

• Closing is subject to the settlement or cancellation of the BONZ Insider Claims for no more than an aggregate total of BONZ common stock acceptable to the Parties and the claimants.

• Kalfayan, City Clerk DAVID ESPAFpA \Assistant General Manager' Executed this May ., 2008 For: Simpson and Simpson A Partnership _ By_ii ’Ji'*Print Name lyhiha w.

More Definitions of Insider Claims

Insider Claims means any claim that may be asserted against an Insider by or on behalf of any or all of the Debtors, the Debtors’ Estates, or the Liquidation Trust.

Insider Claims means the Claims of any Insider.

Insider Claims means any Claim held by (a) any Person that is an Insider of any of the Debtors or (b) any entity that was or is wholly owned or controlled by an Insider.

Insider Claims means (1) any and all Claims asserted against the Debtors by Insiders, and (2) any

Insider Claims means any Claim held by an Insider against a Debtor.

Insider Claims means any Claim held by any party that was an insider, as definedin section 101(31) of the Bankruptcy Code, on the Petition Date.

Insider Claims means the claims of the Xxxxxxxxx Family in the agreed amount of $1 million. 6.2 The Insider Claims are contractually subordinate to the GB Capital Debt. 6.3 The Debtor has negotiated a resolution of the Insider Claims with the Xxxxxxxxx Family, pursuant to which the Xxxxxxxxx Family has agreed to accept as payment in full of the Insider Claims the sum of $125,000, paid $25,000 down, with the balance payable in forty equal monthly installments without interest. The Xxxxxxxxx Family has agreed to make themselves available to consult with and offer advice to the Debtor during the period the Schachters receive payments.