Priority Unsecured Claims definition

Priority Unsecured Claims means any Claim against the Debtors entitled to priority in right of payment under sections 507(a)(3)-(7) of the Bankruptcy Code.
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Priority Unsecured Claims means unpaid wages of Debtor’s employees capped at $12,475.00 each.
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Priority Unsecured Claims means, collectively, any Claim, other than an Administrative Claim or a Priority Tax Claim, which is entitled to priority under Bankruptcy Code section 507(a).
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Examples of Priority Unsecured Claims in a sentence

  • Specific Notes Regarding Schedule E/F (a) Creditors Holding Priority Unsecured Claims.

  • Classes of Priority Unsecured Claims Certain priority claims that are referred to in §§ 507(a)(1), (4), (5), (6), and (7) of the Code are required to be placed in classes.

  • Class 1 consists of any Other Priority Unsecured Claims against any Debtor.

  • The Plan provides that Priority Unsecured Claims will be paid in Cash in full on the Claim Payment Date, or by any alternative arrangement agreed to by the Claim holder or ordered by the Bankruptcy Court.

  • The Plan identifies several types of Claims as unclassified and treats those Claims in accordance with the Bankruptcy Code and applicable law: Administrative Claims, Priority Unsecured Claims, and Priority Tax Claims.


More Definitions of Priority Unsecured Claims

Priority Unsecured Claims means any Claim entitled to priority under Section 507(a) of the Bankruptcy Code, other than Priority Tax Claims and Administrative Expense Claims.
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Priority Unsecured Claims means those general unsecured claims arising prior to the Filing Date that are entitled to priority pursuant to Section 507(a) of the Bankruptcy Code.
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Priority Unsecured Claims means any General Unsecured Claim which is entitled to priority under the Bankruptcy Code.
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Priority Unsecured Claims means any and all Claims accorded priority in right of payment
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Priority Unsecured Claims means Unsecured Claims identified in Section 507 of the Bankruptcy Code as entitled to payment priority.
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Priority Unsecured Claims means any and all Claims accorded priority in right of payment under Section 507(a) of the Bankruptcy Code.
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Priority Unsecured Claims means a Claim entitled to priority under section 507(a) of the Bankruptcy Code except for a Priority Tax Claim.
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