Authority to Object to Administrative Claims, Claims and Equity Interests and to Settle Disputed Claims Sample Clauses


Authority to Object to Administrative Claims, Claims and Equity Interests and to Settle Disputed Claims. From and after the Effective Date, the Plan Administrator shall be authorized (i) to object to any Administrative Claims, Claims and Equity Interests filed against any of the Debtors’ Estates which are not deemed as Allowed Claims under the Plan or were not previously deemed allowed by a Final Order of the Bankruptcy Court and (ii) pursuant to Fed. R. Bankr. P. 9019(b) and section 105(a) of the Bankruptcy Code, to compromise and settle Disputed Claims, in accordance with the following procedures: