Convenience Class Creditor definition

Convenience Class Creditor means a General Unsecured Creditor with a Convenience Class Claim;
Sample 1Sample 2Sample 3
Convenience Class Creditor means an Affected Creditor having a Convenience Class Claim;
Sample 1Sample 2Sample 3
Convenience Class Creditor means an Affected Creditor having a Proven Claim, who elects, or is deemed to have elected, to form part of the Convenience Class pursuant to Article 3.2 of the Plan;
Sample 1Sample 2Sample 3

Examples of Convenience Class Creditor in a sentence

  • If a General Unsecured Creditor with an Accepted Claim, who is not a Convenience Class Creditor, does not deliver a Distribution Election Notice prior to the Distribution Election Deadline, such General Unsecured Creditor shall be deemed to have made a 75% Distribution Election.

  • For greater certainty, a Convenience Class Creditor shall not be entitled to transfer or assign its Convenience Class Claim after delivering to the Monitor its Convenience Class Claim Declaration.

  • The courses that relymainly on OpenGL are often targeted to computer science students.

  • Each Convenience Class Creditor with a Proven Voting Claim shall be deemed to vote in favour of the Plan in respect of its Convenience Class Claim as a member of the Ordinary Creditors Class, which vote shall have a dollar value equal to the lesser of $5,000 and the actual dollar value of such Convenience Class Creditor’s Proven Voting Claim.

  • No holder of an Unaffected Claim shall: (a) be treated as a Convenience Class Creditor; (b) be entitled to vote on the Plan or attend at any Creditors’ Meeting in respect of such Unaffected Claim; or (c) be entitled to or receive any distributions pursuant to the Plan in respect of such Unaffected Claim, unless specifically provided for under and pursuant to the Plan.

  • If a distribution to an Ordinary Creditor, or a Convenience Class Creditor, in respect of its Proven Distribution Claim is returned as undeliverable (each, an ―Undeliverable Distribution‖), no further delivery will be required unless and until the Monitor is notified in writing of such Affected Creditor’s then current address.

  • On the Implementation Date and in accordance with this Plan, each Convenience Class Creditor who has complied with the terms of this Plan shall be entitled to receive a distribution of the lesser of (i) the amount of the Cash Elected Amount and (ii) the amount of such Convenience Class Creditor’s Proven Claim from the Unsecured Creditor Pool.

  • A building had stood there once, walls now shattered and scorched like fire burned paper.

  • If a former employee of VON Canada has received payment from the Wage Earner Protection Program on account of amounts owing to such former employee by VON Canada, such former employee’s recovery under this Plan, whether as a Convenience Class Creditor or otherwise, will be adjusted so that such former employee’s claim for distribution purposes excludes the amount received from the Wage Earner Protection Program by such former employee on account of amounts owing to such former employee by VON Canada.

  • On the Distribution Date, each Creditor that is a Convenience Class Creditor shall receive a distribution in the amount of its Convenience Class Claim by cheque sent by pre-paid ordinary mail to the address set out in such Convenience Class Creditor’s proof of claim and shall not be entitled to receive any further distribution under the Plan.


More Definitions of Convenience Class Creditor

Convenience Class Creditor means a Person having a Convenience Class Claim; “Court” has the meaning ascribed to that term in the Recitals;
Sample 1Sample 2Sample 3
Convenience Class Creditor means a Person having a Convenience Class Claim;
Sample 1Sample 2Sample 3
Convenience Class Creditor means a Creditor having a Convenience Class Claim.
Sample 1Sample 2
Convenience Class Creditor means an Affected Creditor with a Convenience Class Claim.
Sample 1Sample 2
Convenience Class Creditor means an Affected Creditor having a Convenience Class Claim; "Court" has the meaning ascribed thereto in the recitals;
Sample 1
Convenience Class Creditor means an Affected Creditor having a Convenience Class Claim or an Affected Creditor who have elected to form part of the “Convenience Class Creditor” pursuant to Article 3.3 of the Plan;
Sample 1

Related to Convenience Class Creditor

  • Convenience Claim means a Claim that would otherwise be an Other Unsecured Claim that is

  • Convenience fee means a fee charged to the cardholder for the convenience to that cardholder of using a particular method of payment in a credit or debit card transaction in accordance with the network regulations governing that transaction.

  • Class HI B-2 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: B-2 Formula Distribution Amount" and (b) the Unpaid Class HI: B-2 Interest Shortfall, if any.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Requisite Class Lenders means, at any time of determination (i) for the Class of Lenders having Revolving Loan Exposure, Lenders having or holding more than 50% of the aggregate Revolving Loan Exposure of all Lenders, and (ii) for the Class of Lenders having Term Loan Exposure, Lenders having or holding more than 50% of the aggregate Term Loan Exposure of all Lenders.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • Class size means the maximum number of students who can receive instruction together in a special class or resource room program and the number of teachers and supplementary school personnel assigned to the class.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class 2 A-1 and Class 2-A-2 Certificates and the Class A-X-2 and Class PO-2 Component. Group 2 Certificates................... Group 2 Senior Certificates and the portions of the Group II Subordinated Certificates related to Loan Group 2.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

  • Majority in Interest of Noteholders means, as of a particular date of determination and subject to Section 2.16 of the Indenture, the holders of at least a majority in aggregate unpaid principal amount of all Equipment Notes outstanding as of such date (excluding any Equipment Notes held by the Company or any Affiliate thereof, it being understood that a Pass Through Trustee shall be considered an Affiliate of the Company as long as more than 50% in the aggregate face amount of Pass Through Certificates issued by the corresponding Pass Through Trust are held by the Company or an Affiliate of the Company or a Pass Through Trustee is otherwise under the control of the Company or such Affiliate of the Company (unless all Equipment Notes then outstanding are held by the Company or any Affiliate thereof, including the Pass Through Trustees which are considered Affiliates of the Company pursuant hereto)); provided that for the purposes of directing any action or casting any vote or giving any consent, waiver or instruction hereunder, any Noteholder of an Equipment Note or Equipment Notes may allocate, in such Noteholder’s sole discretion, any fractional portion of the principal amount of such Equipment Note or Equipment Notes in favor of or in opposition to any such action, vote, consent, waiver or instruction.

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • General Unsecured Claims means Claims against any Debtor that are not Secured Claims, Administrative Claims, Priority Claims, Professional Compensation Claims, Intercompany Claims, or Equity Interests.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Class 1 A-1, Class 1-A-2 Class 1-A-8 and Class 1-A-9 Certificates.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • General Unsecured Claim means any Claim that is not a/an: Administrative Claim; DIP Facility Claim; Professional Fee Claim; Priority Tax Claim; Secured Tax Claim; Other Priority Claim; Other Secured Claim; Intercompany Claim; Prepetition Debt Claim; or 510(b) Equity Claim.

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • Released Class Claims means the claims being released as described in Paragraph 6.2 below.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Debtors in Possession means the Debtors in their capacity as debtors in possession in the Chapter 11 Cases pursuant to sections 1101, 1107(a), and 1108 of the Bankruptcy Code.

  • Preference Claim As defined in Section 4.02 hereof.

  • Senior Class Debt has the meaning assigned to such term in Section 8.09.

  • Unsecured Claim means a Claim that is not an Administrative Claim, a Priority Tax Claim, a Priority Claim, or a Secured Claim.