Examples of Penalty Claims in a sentence
Class B6 -- Penalty Claims Class B6 consists of all Allowed Penalty Claims against Finance Corp.
Class C7 -- Penalty Claims Class C7 consists of all Allowed Penalty Claims against HNOIC.
Class A8 -- Penalty Claims Class A8 consists of all Allowed Penalty Claims against HJC.
Penalty Claims consist of any Claim for any fine, penalty or forfeiture, or for multiple, exemplary or punitive damages, to the extent that such fine, penalty, forfeiture or damages are not compensation for actual pecuniary loss suffered by the holder of such Claim.
Collectively, (a) any Non-Compensatory Penalty Claims and (b) any other Claim that is subordinated to General Unsecured Claims, Note Claims, or Unit Claims pursuant to Bankruptcy Code section 510, a Final Order, or by consent of the Creditor holding such Claim.