Disallowance of Claims Sample Clauses

Disallowance of Claims. Any Claims held by any Entity from which property is recoverable under section 542, 543, 550, or 553 of the Bankruptcy Code or that is a transferee of a transfer avoidable under section 522(f), 522(h), 544, 545, 547, 548, 549, or 724(a) of the Bankruptcy Code, shall be deemed disallowed pursuant to section 502(d) of the Bankruptcy Code, and Holders of such Claims may not receive any distributions on account of such Claims until such time as such Causes of Action against that Entity have been settled or a Bankruptcy Court order with respect thereto has been entered and all sums due, if any, to the Debtors by that Entity have been turned over or paid to the Debtors. EXCEPT AS OTHERWISE PROVIDED HEREIN OR AS AGREED TO BY THE REORGANIZED DEBTORS, ANY AND ALL PROOFS OF CLAIM FILED AFTER THE CLAIMS BAR DATE SHALL BE DEEMED DISALLOWED AND EXPUNGED AS OF THE EFFECTIVE DATE WITHOUT ANY FURTHER NOTICE TO OR ACTION, ORDER, OR APPROVAL OF THE BANKRUPTCY COURT, AND HOLDERS OF SUCH CLAIMS MAY NOT RECEIVE ANY DISTRIBUTIONS ON ACCOUNT OF SUCH CLAIMS, UNLESS SUCH LATE PROOF OF CLAIM HAS BEEN DEEMED TIMELY FILED BY A FINAL ORDER.
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Disallowance of Claims. Any Claims held by Entities from which the Bankruptcy Court has determined that property is recoverable under section 542, 543, 550, or 553 of the Bankruptcy Code or that is a transferee of a transfer that the Bankruptcy Court has determined is avoidable under section 522(f), 522(h), 544, 545, 547, 548, 549, or 724(a) of the Bankruptcy Code, shall be deemed disallowed pursuant to section 502(d) of the Bankruptcy Code, and Holders of such Claims may not receive any distributions on account of such Claims until such time as such Causes of Action against that Entity have been settled or a Bankruptcy Court order with respect thereto has been entered and the full amount of such obligation to the Debtors has been paid or turned over in full. All Proofs of Claim Filed on account of an Indemnification Obligation shall be deemed satisfied and expunged from the Claims Register as of the Effective Date to the extent such Indemnification Obligation is assumed (or honored or reaffirmed, as the case may be) pursuant to the Plan, without any further notice to or action, order, or approval of the Bankruptcy Court. All Proofs of Claim Filed on account of an employee benefit shall be deemed satisfied and expunged from the Claims Register as of the Effective Date to the extent the Reorganized Entities elect to honor such employee benefit, without any further notice to or action, order, or approval of the Bankruptcy Court. Except as provided herein or otherwise agreed, any and all Proofs of Claim Filed after the Bar Date shall be deemed disallowed and expunged as of the Effective Date without any further notice to or action, order, or approval of the Bankruptcy Court, and Holders of such Claims may not receive any distributions on account of such Claims, unless on or before the Confirmation Hearing such late Claim has been deemed timely Filed by a Final Order.
Disallowance of Claims. Any Claims held by an Entity that is a transferee of a transfer avoidable under section 522(f), 522(h), 544, 545, 547, 548, 549, or 724(a) of the Bankruptcy Code, shall be deemed disallowed pursuant to section 502(d) of the Bankruptcy Code, and Holders of such Claims may not receive any distributions on account of such Claims until such time as such Causes of Action against that Entity have been settled or a Final Order with respect thereto has been entered and all sums due, if any, to the Debtor or the Reorganized Debtor by that Entity have been turned over or paid to the applicable Entity.
Disallowance of Claims. Any Claims or Interests held by Entities from which property is recoverable under section 542, 543, 550, or 553 of the Bankruptcy Code, or that is a transferee of a transfer avoidable under section 522(f), 522(h), 544, 545, 547, 548, 549, or 724(a) of the Bankruptcy Code, shall be deemed disallowed pursuant to section 502(d) of the Bankruptcy Code, and Holders of such Claims or Interests may not receive any distributions on account of such Claims until such time as any objection to those Claims or Interests have been settled or a Bankruptcy Court order with respect thereto has been entered. All Claims Filed on account of an indemnification obligation to a director, officer, or employee shall be deemed satisfied and expunged from the Claims Register as of the Effective Date to the extent such indemnification obligation is assumed (or honored or reaffirmed, as the case may be) pursuant to the Plan, without any further notice to or action, order, or approval of the Bankruptcy Court. Except as provided herein or otherwise agreed, any and all Proofs of Claim Filed after the Claims Bar Date or Administrative Claims Bar Date, as appropriate, shall be deemed disallowed and expunged as of the Effective Date without any further notice to or action, order, or approval of the Bankruptcy Court, and Holders of such Claims may not receive any distributions on account of such Claims, unless such late Proof of Claim has been deemed timely Filed by a Final Order.
Disallowance of Claims. Any Debtor shall seek to, or shall ---------------------- support (in any such case by way of motion or other pleading filed with the Bankruptcy Court or any other writing to another party-in-interest executed by or on behalf of a Borrower) any other Person's motion to, disallow in whole or in part any Lender's claim in respect of the Pre-Petition Indebtedness or to challenge the validity and enforceability of the Liens in favor of the Post-Petition Agent or any Lender (including the Liens securing Pre-Petition Indebtedness owed to such Lender).
Disallowance of Claims. With respect to each Claim not subject to the Bar Date Order, except as provided in the Plan or otherwise agreed, any and all proofs of Claim will be deemed expunged from the claims register on the Effective Date without any further notice to or action, order, or approval of the Court and the Claim on which such proof of Claim was filed will be determined, resolved, or adjudicated, as the case may be, in the manner as if the Chapter 11 Case had not been commenced and will survive the Effective Date as if the Chapter 11 Case had not been commenced. With respect to each General Unsecured Claim and Claim subordinated pursuant to section 510(b) of the Bankruptcy Code subject to the Bar Date Order, except as provided in the Plan or otherwise agreed, any and all proofs of Claim filed after the Bar Date will be deemed disallowed and expunged as of the Effective Date without any further notice to or action, order, or approval of the Court, and holders of such Claims may not receive any distributions on account of such Claims.
Disallowance of Claims. The Company shall seek to, or shall support (in any such case by way of motion or other pleading filed with the Bankruptcy Court or any other writing to another party-in-interest executed by or on behalf of the Company) any other Person’s motion to, disallow in whole or in part the Issuing Bank’s claim in respect of the obligations hereunder or to challenge the validity and enforceability of the Liens in favor of the Issuing Bank.
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Disallowance of Claims. FROM: S/C 3-1-18, 4-12-18, 1-10-19 Docket 1 *** VACATED *** REASON: ADVERSARY DISMISSED 3-11-19 Tentative Ruling: - NONE LISTED - Party Information Debtor(s): Metropolitan Automotive Represented By Xxxxxxx X Xxxxxxxxx Xxxxx X Xxxxxxxx Xxxxxxx Xxx Xxxxxx X Xxxxxxxx Xxxxxx X Xxxxx Defendant(s): XX XXXXXX CHASE BANK, N.A. Pro Se Plaintiff(s): Xxxxx X. Xxx Represented By Xxxxxxx Xxxxx Xxxx Trustee(s): Xxxxx X. Xxx (TR) Represented By Xxxxxxx Xxxxx Xxxx Xxxxx X Xxxxxxx Xx 2:00 PM CONT... Metropolitan Automotive Warehouse, Inc., a Califor Xxxxxx X Xxxx Xxxx Xxxx Chapter 7 2:00 PM 6:18-10751 Xxxxxxx X. Xxxxxx Chapter 7 Adv#: 6:18-01075 Xxxx x. Miller #45.00 Pre-Trial conference re: Complaint to avoid and recover intentional fraudulent transfer; 2) Avoid and recover constructive fraudulent transfer; 3) Disallow claims; and 4) Unjust enrichment Cont'd from MJ calendar 6-7-18, WJ calendar S/C 9-28-18, 10-18-18, 11-8-18, 1-10-19 Docket 1 *** VACATED *** REASON: ADVERSARY DISMISSED 2-4-19 Tentative Ruling: - NONE LISTED - Party Information Debtor(s): Xxxxxxx X. Xxxxxx Represented By Xxxxxx Xxxxxx Xxxxx Defendant(s): Xxxxx Xxxxxx Represented By Xxxxxxx Xxxxxxxx Plaintiff(s): Xxxxxxx X. Xxxx Represented By Xxxxxxx Xxxxx Xxxx Xxxxx X Xxx Trustee(s): Xxxxxxx X Xxxx (TR) Represented By Xxxxx X Xxx Xxxxxxx Xxxxx Xxxx 2:00 PM 6:18-10751 Xxxxxxx X. Xxxxxx Chapter 7 Adv#: 6:18-01075 Xxxx x. Miller #46.00 Hrg re trustee's motion for summary judgment, or in the alternative, summary adjudication From: 12-20-18 Docket 39 *** VACATED *** REASON: ADVERSARY DISMISSED 2-4-19 Tentative Ruling: - NONE LISTED - Party Information Debtor(s): Xxxxxxx X. Xxxxxx Represented By Xxxxxx Xxxxxx Xxxxx Defendant(s): Xxxxx Xxxxxx Represented By Xxxxxxx Xxxxxxxx Plaintiff(s): Xxxxxxx X. Xxxx Represented By Xxxxxxx Xxxxx Xxxx Xxxxx X Xxx Trustee(s): Xxxxxxx X Xxxx (TR) Represented By Xxxxx X Xxx Xxxxxxx Xxxxx Xxxx 2:00 PM 6:18-10751 Xxxxxxx X. Xxxxxx Chapter 7 Adv#: 6:18-01075 Xxxx x. Miller
Disallowance of Claims. No claims will be entertained by Buyer for any costs occasioned by disputes or reassignment of work, and no extensions of time will be granted for delays thus occasioned.
Disallowance of Claims. All Claims of any Entity from which property is sought by the Debtors under section 542, 543, 550, or 553 of the Bankruptcy Code or that is an alleged transferee of a transfer that is avoidable under section 522(f), 522(h), 544, 545, 547, 548, 549, or 724(a) of the Bankruptcy Code shall be disallowed until and unless such Entity or transferee has turned over such property to the Debtors, the Reorganization Trust, the Post-Effective-Date Debtor Subsidiaries, or the Post-Effective-Date Xxxxx City Debtors, as applicable. EXCEPT AS OTHERWISE AGREED BY THE REORGANIZATION TRUST, THE POST-EFFECTIVE-DATE DEBTOR SUBSIDIARIES, THE POST-EFFECTIVE-DATE XXXXX CITY DEBTORS, OR THE PURCHASER (SOLELY WITH RESPECT TO ASSUMED LIABILITIES), AS APPLICABLE, HOLDERS OF CLAIMS ON ACCOUNT OF ANY AND ALL PROOFS OF CLAIM FILED AFTER THE CLAIMS BAR DATE SHALL NOT RECEIVE ANY DISTRIBUTIONS ON ACCOUNT OF SUCH CLAIMS, UNLESS SUCH PROOF OF CLAIM IS ALLOWED BY A FINAL ORDER OF THE BANKRUPTCY COURT.
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