Common use of Treatment of Claims and Interests Clause in Contracts

Treatment of Claims and Interests. Claims against and interests in the Debtor shall be classified under the Plan and subject to the treatment set forth below. Administrative Expense Claims Except with respect to administrative expense claims that are professional fee claims and except to the extent that a holder of an allowed administrative expense claim and the Debtor agree to less favorable treatment to such holder, each holder of an allowed administrative expense claim shall be paid in full in cash on the later of the initial distribution date under the Plan and the date such administrative expense claim is allowed, and the date such allowed administrative claim becomes due and payable, or as soon thereafter as is practicable; provided, however, that allowed administrative expense claims that arise in the ordinary course of the Debtor’s business shall be paid in full in the ordinary course of business in accordance with the terms and subject to the conditions of any agreements governing, instruments evidencing, or other documents relating to, such transactions.

Treatment of Claims and Interests. Claims against and interests in the Debtor shall be classified under the Plan and subject to the treatment set forth below. Administrative Expense Claims Except with respect to administrative expense claims Administrative Expense Claims that are professional fee claims and except to the extent that a holder of an allowed administrative expense claim Allowed Administrative Expense Claim and the Debtor Debtors agree to less favorable treatment to such holder, each holder of an allowed administrative expense claim Allowed Administrative Expense Claim shall be paid in full in cash on the later of the initial distribution date under the Plan and the date such administrative expense claim Administrative Expense Claim is allowedAllowed, and the date such allowed administrative claim Allowed Administrative Claim becomes due and payable, or as soon thereafter as is practicable; provided, however, that allowed administrative expense claims Allowed Administrative Expense Claims that arise in the ordinary course of the Debtor’s Debtors’ business shall be paid in full in the ordinary course of business in accordance with the terms and subject to the conditions of any agreements governing, instruments evidencing, or other documents relating to, such transactions.

Treatment of Claims and Interests. Claims against and interests in the Debtor shall be classified under the Plan and subject to the treatment set forth below. Administrative Expense Claims Except with respect to administrative expense claims Administrative Expense Claims that are professional fee claims and except to the extent that a holder of an allowed administrative expense claim Allowed Administrative Expense Claim and the Debtor Debtors agree to less favorable treatment to such holder, each holder of an allowed administrative expense claim Allowed 5 Administrative Expense Claim shall be paid in full in cash on the later of the initial distribution date under the Plan and the date such administrative expense claim Administrative Expense Claim is allowedAllowed, and the date such allowed administrative claim Allowed Administrative Claim becomes due and payable, or as soon thereafter as is practicable; provided, however, that allowed administrative expense claims Allowed Administrative Expense Claims that arise in the ordinary course of the Debtor’s Debtors’ business shall be paid in full in the ordinary course of business in accordance with the terms and subject to the conditions of any agreements governing, instruments evidencing, or other documents relating to, such transactions.