Priority Claims definition

Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.
Priority Claims means, collectively, Priority Non-Tax Claims and Priority Tax Claims.
Priority Claims means, collectively, the (a) Employee Priority Claim; and (b) Government Priority Claims;

Examples of Priority Claims in a sentence

  • If the District Court rules that all Allowed and allowable First Priority Claims and all Allowed and allowable Litigation Payments have been paid or that adequate provision has been made to assure such payment (along with administrative costs) based on the available assets, then the Second Priority Payments, or some portion thereof, may be distributed, unless the order of the District Court is stayed or reversed on appeal.


More Definitions of Priority Claims

Priority Claims means any and all Claims (or portions thereof), if any, entitled to priority under Section 507(a) of the Bankruptcy Code other than Priority Tax Claims and Administrative Expense Claims.
Priority Claims means all Priority Non-Tax Claims plus all Priority Tax Claims.
Priority Claims means any Claim against the Debtor entitled to priority pursuant to section 507(a) of the Bankruptcy Code, other than a Priority Tax Claim or an Administrative Claim.
Priority Claims means Claims classified in Class 2 and Priority Tax
Priority Claims means any Claim accorded priority in right of payment under section 507(a) of the Bankruptcy Code, other than an Administrative Claim or a Priority Tax Claim.
Priority Claims means any Claim entitled to priority pursuant to Bankruptcy Code section 507(a) other than Administrative Expense Claims and Priority Tax Claims.
Priority Claims means any and all Priority Tax Claims and Priority Non-Tax Claims.