Examples of Voting Claims in a sentence
Pursuant to the Restructuring Term Sheet, the Non-Filed Affiliates and the Participating CCAA Parties have agreed not to vote their Eligible Voting Claims, if any, against the Plan provided the Plan is consistent with the Restructuring Term Sheet.
The procedure for valuing Voting Claims and resolving Disputed Voting Claims shall be as set forth in the Claims Procedure Order, the Meeting Order, this Plan and the CCAA.
Except as otherwise provided in the Meeting Order, Affected Creditors shall be entitled to vote their Voting Claims at the Creditors’ Meetings in respect of this Plan and shall be entitled to receive distributions on account of their Proven Claims as provided under and pursuant to this Plan.
Except as otherwise provided in the Amended and Restated Meetings Order, and subject to the provisions of the Plan, Affected Unsecured Creditors shall be entitled to vote their Eligible Voting Claims at the applicable Meeting in respect of the Plan.
In accordance with the CCAA, the Non-Filed Affiliates and the Participating CCAA Parties, as related parties, will only be permitted to vote their Eligible Voting Claims, if any, against, but not for, the Plan.
An Affected Creditor’s Proven Voting Claim shall not include fractional numbers and Proven Voting Claims shall be rounded down to the nearest whole Canadian dollar amount without compensation.
Each Affected Creditor with an Ordinary Creditors Proven Voting Claim shall be entitled to one vote as a member of the Ordinary Creditors Class, which vote shall have a value equal to the dollar value of its Ordinary Creditors Proven Voting Claims.
In order that the Proposal be binding on the class of Unsecured Creditors in accordance with the BIA, it must first be accepted by a majority in number of the Unsecured Creditors who actually vote upon the Proposal (in person or by proxy) at the Creditors’ Meeting or by a Voting Letter, representing two-thirds in value of the Voting Claims of the Unsecured Creditors who actually vote upon the Proposal (whether in person or by proxy) at the Creditors’ Meeting or by a Voting Letter.
These Disease Levels, Scheduled Values, and Medical/Exposure Criteria will apply to all OC and FB Asbestos Personal Injury Trust Voting Claims (other than Unpaid OC and FB Resolved Asbestos Personal Injury Claims) filed with the Asbestos Personal Injury Trust on or before the Initial Claims Filing Date (defined below) for which the claimant elects the Expedited Review Process.
The 65%/35% Claims Payment Ratio will apply to all OC and FB Asbestos Personal Injury Trust Voting Claims and will not be amended until the third anniversary of the date the Asbestos Personal Injury Trust first accepts for processing proof of claims forms and other materials required to file a claim with the Asbestos Personal Injury Trust.