Plan Classes definition

Plan Classes. The Plan divides all Claims and Interests into 14 different Classes. Each Claim will receive the same treatment as all other Claims in the same Class under the Plan, so that the applicable terms of the Plan for each Claim depend upon its classification.
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Examples of Plan Classes in a sentence

  • Under the Plan, Classes 1, 4, 5, 7, 8 and 14 are Unimpaired; therefore, the holders of Claims and Interests in such Classes are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • BY EBS EBS will provide personal services to shareholders and beneficial owners of Advisors Preferred Class, Preferred Class and Select Class (the "Plan Classes") shares of each Series of Principal Investors Fund, Inc.

  • The Administrator shall provide shareholder and administrative services (the "Shareholder Services") to the retirement plans that are beneficial owners of the Plan Classes (the "Plans").

  • The Fund hereby appoints the Administrator to act as the administrator of the Plan Classes and in that capacity to furnish the Fund with the transfer agent and shareholder servicing services set forth in Section 2 below and to assume responsibility for paying the expenses of the Fund identified in Section 4 below.

  • Under the Plan, Classes 1, 4, 5, 6, 7, 8, 13 and 14 are Unimpaired; therefore, the holders of Claims and Interests in such Classes are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • Under the Plan, Classes 1, 4, 5, 6, 7, 8, 14 and 15 are Unimpaired; therefore, the holders of Claims and Interests in such Classes are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • In addition the Board shall provide at its expense (subject to the payroll deduction set forth in Section F) for each teacher and the family of such teachers: Dental Plan Classes I, II and III.

  • Under the Plan, Classes 1, 2, 3, 5 and 11 are Unimpaired; therefore, the holders of Claims and Interests in such Classes are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • Under the Plan, Classes 1, 5, 6, 7, 8, 13 and 14 are Unimpaired; therefore, the holders of Claims and Interests in such Classes are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • The benefits shall be at a level reasonably consistent with those at the time of signing of the Agreement, or the current Group Benefit Plan 'Great West Life Plan Classes All Other Employees'.