Participating Creditor Classes definition

Participating Creditor Classes means the Classes of Prepetition Unsecured Lender Claims, Notes Claims and General Unsecured Claims (other than General Unsecured Claims against Chemtura Canada, in the event it becomes a Debtor before the Confirmation Date), the holders of which Claims shall receive distributions from the Unsecured Distribution Pool.
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Participating Creditor Classes means the Classes of Prepetition Unsecured Lender
Sample 1
Participating Creditor Classes means the Classes of Prepetition Unsecured Lender Claims, Notes Claims and General Unsecured Claims, the holders of which Claims shall receive distributions from the Unsecured Distribution Pool.
Sample 1

Examples of Participating Creditor Classes in a sentence

  • In addition to product registration information, Trend Micro will receive information from you and your Computer on which the Software is installed (such as IP or MAC address, location, content, device ID or name, etc) to enable Trend Micro to provide the functionality of the Software (including content synchronization, status relating to installation and operation of the Software, device tracking and service improvements, etc).

  • To the extent that there is insufficient value available in the Unsecured Distribution Pool to satisfy in full all Allowed Claims in the Participating Creditor Classes pursuant to this Plan, the resulting shortfall in distributable value shall result in the Shortfall Adjustment.

  • To the extent that Class 13a for Chemtura Corporation votes to reject the Plan, any Cash or New Common Stock available in the Unsecured Distribution Pool following the funding described above (which shall include, for the avoidance of doubt, payment of all Allowed Claims in the Participating Creditor Classes in full and with interest in the full Allowed amount), then each holder of an Interest in Class 13a for Chemtura Corporation shall receive its Pro Rata share of such excess Cash and New Common Stock.

  • Because all holders of Claims in the Participating Creditor Classes (except holders of Claims that are Disputed Claims) will have been paid in full, plus postpetition interest as applicable under the Plan, value may be released from the Non-Objecting Creditors’ Reserve in the form of one or more supplemental distributions to Class 13a Equity Holders, but only if and to the extent that such release is ordered by the Bankruptcy Court following the procedures described below.

  • I am the Respondent in the within action and as such have a personal knowledge ofthe matters and facts herein deposed to except where stated to be on information and belief and where so stated I do verily believe the same to be true.

  • For the avoidance of doubt, creditors of Chemtura Canada will not be included in any Participating Creditor Class.The Unsecured Distribution Pool will be used to fund (a) the payments pursuant to the Plan of all Allowed Claims in the Participating Creditor Classes and (b) a reserve created by the Debtors to hold a contribution of Cash and New Common Stock for the benefit of holders of subsequently Allowed Claims for distribution according to the procedures set forth in Article VIII of the Plan.

  • With respect to Prepetition Unsecured Lender Claims, the 2009 Notes Claims, the 2016 Notes Claims, the 2026 Notes Claims and General Unsecured Claims against Chemtura and the Subsidiary Debtors (collectively, the “Participating Creditor Classes”), a pool will be established from which distributions will be made to Participating Creditor Classes (the “Unsecured Distribution Pool”).

  • The extent to which a holder of an Allowed Claim receives an increased percentage of Cash or New Common Stock will depend upon the elections of all holders of Claims in Participating Creditor Classes.

Related to Participating Creditor Classes

  • Class” or “Classes means any class or classes of Shares as may from time to time be issued by the Company;

  • participating class means a class of shares title to which is permitted by an Operator to be transferred by means of a relevant system;

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • Senior Class means, with respect to the Class B Notes, the Class A Notes.

  • Participating Class Members means all Class Members who do not submit valid

  • Voting Parity Stock means, with regard to any matter as to which the holders of Designated Preferred Stock are entitled to vote as specified in Sections 7(a) and 7(b) of these Standard Provisions that form a part of the Certificate of Designations, any and all series of Parity Stock upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Classes The Offered Certificates shall be issued with the following Class designations, interest rates and principal balances, subject in the aggregate to the variance referred to in Section 1(a)[and, as to any particular Class, to an upward or downward variance of up to [ ]%]: Principal Interest Class Purchase Class Balance Rate Price Percentage ----- ------- ---- ----------------

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Non-Participating Prosthetic Provider means a Prosthetic Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Participating Prosthetic Provider means a Prosthetic Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.

  • Nonparticipating provider means a person, health care provider, practitioner, facility, or entity, acting within their scope of practice, that does not have a written contract to participate in a managed health care system's provider network, but provides health care services to enrollees of programs authorized under this chapter or other applicable law whose health care services are provided by the managed health care system.

  • Scheduled Classes As specified in the Preliminary Statement.

  • Voting Classes means Classes 4 and 5.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Restricted Classes As defined in Section 4.02(e).

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Parity Stock means any class or series of stock of the Corporation (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation (in each case without regard to whether dividends accrue cumulatively or non-cumulatively).

  • Senior Class Debt has the meaning assigned to such term in Section 8.09.

  • Participating provider means an Administrator Hospital or Professional Provider which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to participants in the Participating Provider Option program or an Administrator facility which has been designated by the Claim Administrator as a Participating Provider.

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Liquidation Parity Stock means any class or series of stock of the Corporation (other than the Series L Preferred Stock) that ranks equally with the Series L Preferred Stock in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.