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.

  • 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.

  • 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.

  • After the research instrument was designed, the researcher proceeded to conduct the field interviews which lasted for two (2) months.

  • The Classes of Claims and Interests that are Impaired that are receiving no distribution under the Plan (Classes A7, A8, A9, B7, and B8) shall not be entitled to vote to accept or reject the Plan and shall be conclusively presumed to have rejected the Plan.

  • Presumed Acceptance of the Plan Classes 2, 3, 5 and 6 are Unimpaired by the Plan and are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • 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.

  • 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 following Classes are Impaired and are entitled to vote on the Plan: Classes A1, A2, A3, A4, A5, A6, A7, A9, A10, A11, A13, A14, A16, A18, A20, A21, B1, B2, B5, B6, C1, C2, C5 and C6.

  • 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.

Related to Plan Classes

  • Scheduled Classes As specified in the Preliminary Statement.

  • Backward Classes means any socially and educationally Backward Classes of citizens recognized by the Government for purpose of clause (4) of article 15 of the Constitution of India;

  • 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.

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

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

  • 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 ----- ------- ---- ----------------

  • Class 3 means, at any time, all Class 3 Loans at such time.

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

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • Job Classification means an arrangement of tasks in an establishment or industry into a limited series of jobs or occupations, rated in terms of skill, responsibility, experience, training, and similar considerations, usually for wage setting purposes. This term, or job class, refers to a single cluster of jobs of approximately equal “worth.”

  • New Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • Support Classes As specified in the Preliminary Statement.

  • Class 1 means, at any time, all Class 1 Loans at such time.

  • Voting Classes means Classes 4 and 5.

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

  • Class 2 means, at any time, all Class 2 Loans at such time.

  • Settlement Classes means the Ontario Settlement Class and the Quebec Settlement Class.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • film classification body means the person or persons designated as the authority under section 4 of the Video Recordings Act 1984 (c.39) (authority to determine suitability of video works for classification).

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

  • Class HI M-1 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: M-1 Formula Distribution Amount" and (b) the Unpaid Class HI: M-1 Interest Shortfall, if any.

  • Released Class Claims means the claims being released as described in Paragraph 6.2 below.

  • Class size means the maximum number of students who can receive instruction together in a special class or resource room program and the number of teachers and supplementary school personnel assigned to the class.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Affected Class has the meaning specified in Section 2.24(a).