Examples of Property Tax Claims in a sentence
Administrative Expenses and Priority Claims, other than Property Tax Claims, have not been classified, and are excluded from the following Classes in accordance with section 1123(a)(1) of the Bankruptcy Code.
Any remaining Allowed, unpaid Property Tax Claims will be paid from the Claims Payment Fund (defined in Sections 5.02 C and D) with the statutory rate interest of 12% per annum in accordance with 11 U.S.C. §§ 511 and 1129(a)(9)(C).
The liabilities transferred to the PCT shall include, but not necessarily be limited to, Priority Tax Claims, Other Priority Non-Tax Claims, Property Tax Claims, Other Secured Claims, PACA/PASA Claims, FSA liability, General Unsecured Claims (solely for purposes of resolution), Convenience Claims and certain Administrative Claims that have not been satisfied on the Effective Date of the Plan, other than the Administrative Claims of Fleming Convenience.
In consideration for their contributions to the Plan, including payment of the Real Property Tax Claims and the funds in the amount of $2,400,000 to be paid by them on the Closing Date to BFSB, the Holders of the Membership Interests shall retain such Membership Interests.
Holders of Allowed Real Property Tax Claims (Class 1) and Allowed Other Secured Claims (Class 4) are deemed to have accepted the Plan.
Real Property Tax Claims are any Claims arising from taxes secured by a Lien on the Debtor’s Property.
The Property Tax Claims asserted against the Debtor have been filed as secured claims.
All distributions on account of Allowed Real Property Tax Claims from the Consummation Account shall be made by the Debtors.
Notwithstanding the foregoing, Parent shall not waive or terminate, or cause to be terminated, any right to indemnification under the MarCap Escrow Agreement without the Designated Monitor’s prior written consent; provided, however, that the foregoing shall not obligate Parent to commence or pursue any litigation in connection with the MarCap Property Tax Claims and the foregoing shall not limit Parent’s rights under Section 13.5(a).
All holders of Allowed Secured Real Property Tax Claims are deemed to have accepted the Plan and will not be entitled to vote on the Plan.