Ratable Proportion definition

Ratable Proportion means, with reference to any Distribution on account of any Allowed Claim in any Class, the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of Allowed Claims of the same Class, plus all Disputed Claims in such Class.

Ratable Proportion means, with reference to any Distribution on account of any Allowed Claim in any Class, the ratio (expressed as a percentage) that the amount of the Allowed Claim bears to the aggregate amount of all Allowed and Disputed Claims in that Class entitled to share in the same recovery as such Allowed Claim under the Plan.

Ratable Proportion means the ratio (expressed as a percentage) of the amount of an Allowed Claim in a Class to the aggregate amount of all Allowed Claims in the Class.

Examples of Ratable Proportion in a sentence

• As provided in and subject to the conditions set forth in the Plan, including Section 5.7.2 of the Plan, Reorganized FairPoint Communications will issue to each holder of an Allowed Class 7 FairPoint Communications Unsecured Claim, its Ratable Proportion of New Warrants.

• Distribution of New Common Shares pursuant to Article III.B.4(b)(i)(2) shall be limited to the amount of an Eligible Holder’s Ratable Proportion, as of the NCS Election Record Date, of New Common Shares.

• The Liquidating Trust's taxable income will be allocated among the holders of beneficial interests in a Liquidating Trust based upon each holder's Ratable Proportion of the beneficial interests in the Liquidating Trust.

• If and when a claimant becomes entitled to a distribution in respect of its beneficial interest in the Liquidating Trust, the holder of such Allowed Claim shall have thirty (30) Business Days in which to pay in Cash such holder's Ratable Proportion of the Tax Advance.

• Each holder of an Allowed Class 4 Prepetition Credit Agreement Claim will also receive such holder’s Ratable Proportion of the New Term Loan (in the amount of $1 billion) and the Cash Payment.

More Definitions of Ratable Proportion

Ratable Proportion means, with reference to any Distribution on account of any Allowed General Unsecured Claim in any Class, the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of all Allowed and Disputed General Unsecured Claims held by Consenting Creditors against the Debtors without taking into account any individual Debtor Group.

Ratable Proportion means, with reference to any distribution on account of any Allowed Claim or Allowed Equity interest in any class or subclass, as applicable, a distribution equal in amount to the ratio(as a percentage) that the amount of such Allowed Claim or Allowed Equity interest, as applicable, bears to the aggregate amount of Allowed Claims or Allowed Equity Interests of the same class or subclass, as applicable.

Ratable Proportion means, (i) with reference to any Distribution on account of any Allowed Claim in any Class, the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of Allowed Claims of the same Class plus all Disputed Claims in such Class, and (ii) with reference to any Distribution on account of any Allowed Equity Interest in any Class, the ratio (expressed as a percentage) that the amount (in number of shares) of such Allowed Equity Interest bears to the aggregate amount (in number of shares) of Allowed Equity Interests of the same Class plus all Disputed Equity Interests in such Class.

Ratable Proportion means, with reference to any distribution on account of any Allowed Claim or Allowed Equity Interest in any class or subclass, as applicable, a distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Allowed Claim or Allowed Equity Interest, as applicable, bears to the aggregate amount of Allowed Claims or Allowed Equity Interests of the same class or subclass.

Ratable Proportion means, with reference to any Distribution on account

Ratable Proportion means the ratio (expressed as a percentage) of the amount of an Allowed Claim in a Class to the aggregate amount of all Allowed Claims in the Class, except in the case of Claim Holders listed on the Rights Participation schedule it means, solely for the purposes of determining participation in the Rights Offering, the ratio of the Rights Participation Claim Amount of any particular Claim Holder so listed to the aggregate of the Rights Participation Claim Amounts for all Claim Holders listed on such Schedule.

Ratable Proportion means, with reference to any Distribution on account of any Claim in any Class, a Distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Claim bears to the aggregate amount of Claims in the same Class, as applicable.