Allowed Claim Sample Clauses
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Allowed Claim. Prior to the First Closing, the Bankruptcy Court shall order a $5,000,000 allowed, unsecured claim of the Partnership's and Limited Partners against the estate of Grand Court (the "Allowed Claim") with the exception of any claims by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇. The independent directors appointed by the Equity Committee to the Board of the manager of GFB-AS shall be the administrator of this claim. Any proceeds received from the $5,000,000 unsecured claim shall be allocated by final approval of the Equity Committee and ratification of the respective Partnerships.
Allowed Claim. 4. In settlement and satisfaction of the U.S. Proof of Claim with respect to the Gowanus Site, the United States on behalf of EPA shall have an Allowed Environmental Claim of $3,900,000 against Chemtura. The United States shall receive no distributions or other payments in the Bankruptcy Cases with respect to the Debtors’ liabilities and obligations asserted in the U.S. Proof of Claim with respect to the Gowanus Site other than as set forth in this Paragraph.
5. The Allowed Environmental Claim authorized by Paragraph 4 of this Settlement Agreement (i) shall be treated as provided under Section 3.3(k)(i)(A) of the Plan of Reorganization, specifically, payment in cash, and (ii) shall not be subordinated to any other Allowed Environmental Claims or any Allowed General Unsecured Claims pursuant to any provision of the Bankruptcy Code or other applicable law, including, without limitation, Sections 105, 510, and 726(a)(4) of the Bankruptcy Code.
6. Only the amount of cash received by EPA from the Debtors for the Allowed Environmental Claim authorized by Paragraph 4 of this Settlement Agreement, and not the total amount of the Allowed Environmental Claim, shall be credited by EPA to its account for the Gowanus Site, which credit shall reduce the liability of non-settling potentially responsible parties for the Gowanus Site by the amount of the credit.
7. EPA may deposit any funds received pursuant to Paragraph 4 of this Settlement Agreement into the Hazardous Substance Superfund or into an EPA special account established for the Gowanus Site within the Hazardous Substance Superfund, to be retained and used to conduct or finance response actions at or in connection with the Gowanus Site, or to be transferred to the Hazardous Substance Superfund.
Allowed Claim. An Allowed Claim in the particular category or Class identified.
Allowed Claim. In exchange for your agreeing to and complying with the terms of this Agreement (including the general release it contains) and in settlement of all issues and disputes between you and the Company, the Company hereby grants to you, and you shall be deemed to receive, in that certain bankruptcy proceeding pending in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), which is being administered under the caption In re: Nuo Therapeutics, Inc., Case No. 16-10192 (MFW) (the “Bankruptcy Case”), an allowed general unsecured claim in the aggregate amount of $182,500 (the “Allowed Claim”) and such Allowed Claim is not subject to offset, recoupment or reduction, and shall be treated as an Allowed Class 4 Claim in accordance with the terms of the Company’s First Amended Plan of Reorganization of the Debtor, which was filed in the Bankruptcy Case at Docket No. 247, and as same may be amended, modified, or supplemented, from time to time. In the event that there are not sufficient funds to pay the claim in full, $12,475.00 shall be treated as a priority claim under 11 U.S.C. § 507(a)(4).
Allowed Claim. “Allowed Claim” means an allowed unsecured claim not subject to subordination in the amount of $300,000,000.00, against RFC only, which amount shall sometimes also be referred to herein as the “▇▇▇▇▇▇▇ Settlement Amount” and the “▇▇▇▇▇▇▇ Allowed Claim.”
Allowed Claim. The term “Allowed Claims” shall have the meaning ascribed to it in Paragraph 3 of this Settlement Agreement.
Allowed Claim. A Claim that is not disputed by the Trustee and/or has been resolved or settled, by Final Order, agreement or otherwise, the holder of which is entitled to satisfaction from the Trust Assets.