Voting Class definition

Voting Class means Class 5.
Voting Class means Class 3 RBL Secured Claims.
Voting Class means any class of Claims entitled to vote on the Plan.

Examples of Voting Class in a sentence

  • At least one Voting Class, excluding the votes of Insiders, must actually vote to accept the Plan.

  • An Impaired, Voting Class of Interests shall have accepted the Plan if votes to accept the Plan have been cast by at least two-thirds in amount of the Allowed Interests in such Class that have voted on the Plan.

  • Each Holder of a Claim entitled to vote to accept or reject the Plan may cast only one Ballot for each Claim in a Voting Class held by such Holder.

  • Nevertheless, in the event that a Voting Class does not accept the Plan, there can be no assurance that the Bankruptcy Court will reach this conclusion.

  • The Holders of Claims in the Voting Class are Impaired under the Plan and may, in certain circumstances, receive a distribution under the Plan.


More Definitions of Voting Class

Voting Class means Class 3 Prepetition Secured Loan Claims and Class 4 Unsecured Claims.
Voting Class means the Class of Existing Credit Agreement Claims.
Voting Class means Class 2 First Lien Claims, Class 3 Unsecured Claims, and/or Class 4 Second Lien Claims, as applicable.
Voting Class means a Class of Claims or Interests under this Plan that is entitled to vote to accept or reject the Plan.
Voting Class means Class 3 under this Plan.
Voting Class means any of Classes 1, 2, 3, 4(a)-(b), 5(a)-(b) and 7, which are Impaired and entitled to vote on the Plan. Rules of Interpretation and Computation of Time. For purposes of the Plan, unless otherwise provided: (i) whenever from the context it is appropriate, each term, whether stated in the singular or the plural, will include both the singular and the plural; (ii) any reference to any entity as a Holder of a Claim or Equity Interest includes the entity’s successors and assigns; (iii) all references in the Plan to Sections, Articles and Exhibits are references to Sections, Articles and Exhibits of or to the Plan; (iv) captions and headings to Articles and Sections are inserted for convenience of reference only and are not intended to be a part of or to affect the interpretation of the Plan; (v) the rules of construction set forth in Section 102 of the Bankruptcy Code will apply; and (vi) in computing any period of time prescribed or allowed by the Plan, the provisions of Bankruptcy Rule 9006(a) will apply.
Voting Class or “Voting Interests” means the Percentage Interests (and Class A Voting Units) held by the Class A Members, in their capacities as members of such classes.