Examples of Disputed Claim in a sentence
Upon the allowance of a Disputed Claim, by either compromise and settlement or by Final Order, the Chapter 11 Trustee shall distribute to the holder of such Allowed Claim the distributions to which such holder shall be then entitled, consistent with the timing and terms of distribution to other members of the same Class.
Any Disputed Claim may be estimated by the Bankruptcy Court at any time, regardless of whether such Claim has been Allowed by the Bankruptcy Court or another court, and regardless of whether any judgment or order with respect to such Claim is on appeal, for purposes of making distributions or holding funds in reserve under the Plan.
A Holder of a Disputed Claim that has not been temporarily allowed for purposes of voting on the Plan may only vote such Disputed Claim in an amount equal to the portion, if any, of such Claim shown as fixed, liquidated, and undisputed in the Schedules.
If and when a Disputed Claim is finally resolved by allowance of the claim in whole or in part, the Debtor will make any payments in respect of such Allowed Claim in accordance with the Plan.
Upon the filing of such an objection, such Claim will be considered a Disputed Claim.