Class 6 Claims definition

Class 6 Claims has the meaning set forth in Section 2.13(a) of this Plan.
View Source
Class 6 Claims means: (a) Customer Credit Claims that are not Priority Claims pursuant to the order of the Bankruptcy Court dated September 22, 2006 and the customer certification approved by such order and disseminated to the holders of Customer Credit Claims in connection with the Plan, (b) any Claim that would otherwise be classified as a General Unsecured Claim against any Debtor (other than FLYi) but for the fact that such Claim is Allowed in an amount equal to or less than $1,000 and (c) any Class 4 Claim with respect to which the holder has elected on its Ballot provided for voting on the Plan to reduce its Claim to $1,000 and accept treatment in Class 6.
View Source

Examples of Class 6 Claims in a sentence

  • The number of Plan Shares HFG and each holder of Class 6 Claims shall receive will be determined in accordance with the requirements of the HFG Supplement.

  • As provided in the Joint Plan, the Plan Shares will be issued to the holders of Class 6 Claims and HFG pursuant to Section 1145 of the Bankruptcy Code.

  • The Company has no Liabilities, except for the Class 6 Claims, and the HFG Allowed Administrative Expense claim.

  • Class 6 is Impaired and holders of Class 6 Claims are entitled to vote to accept or reject the Plan.

  • Pursuant to the Joint Plan and Confirmation Order, G▇▇▇▇▇ ▇▇▇▇▇▇▇, a manager of HFG, was appointed as agent to act for the Company, as its sole officer and director, and is authorized to execute and deliver all documents necessary (i) to cause the Spherature’s conversion to the Company, (ii) to meet the statutory requirements for filing the necessary papers as applicable to effectuate the terms of the Joint Plan and (iii) to act on behalf of HFG and the other holders of Class 6 Claims.

  • Class 6 Claims are impaired and are entitled to vote on this Plan.

  • Holders of Allowed Class 6 Claims are not entitled to vote to accept or reject the Plan.

  • Objections must be filed no later than the Rights Offering Commencement Date as to any Class 6 Claim other than Class 6 Claims relating to the rejection of executory contracts or unexpired leases pursuant to this Plan.

  • In accordance with the Joint Plan, HFG and each holder of the Company’s Class 6 Claims shall receive Plan Shares issued by the Parent in exchange for and in full settlement and satisfaction of their respective claims against the Company and the Parent, as the Post Confirmation Debtor of the Company.

  • The Allowed Class 6 Disbursing Agent is executing and delivering this Agreement and the Intercreditor Agreement as the agent for the Non-Confirming Holders holding Loans originally representing Allowed Class 6 Claims under the Approved Plan of Reorganization and the Confirmation Order.