Interest Claim definition

Interest Claim means, for each Unsecured Creditor, the amount of interest owed to such Unsecured Creditor on the Closing Date in respect of Unsecured Bank Debt and Unsecured Bond Debt prior to giving effect to the Restructuring.
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Interest Claim means, for any Vendor, the Vendor's claim for any interest accrued and unpaid on each Vendor's Trade Note.
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Interest Claim has the meaning set forth in clause 4.5.1.
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Examples of Interest Claim in a sentence

  • Upon receipt of the Review Counsel Authorization, as provided below, the Trustee promptly shall pay the Interest Claim or advise the Executive in writing of its determination that the Interest Claim is either denied or adjusted based upon Trustee’s determination in light of the Review Counsel Authorization and the other provisions of this Claims procedure and the Agreement, and shall include in reasonable detail the basis of its determination.

  • We hereby certify that the aggregate amount claimed in respect of Eligible Goods and Eligible Services under this and any other Reimbursement Certificate and all Disbursement Claims does not exceed USD [·] (i.e. the Facility less Loans made in payment of interest (in accordance with Clause 5.3 (Interest Claim) of the Agreement)).

  • Submission of a request for preliminary approval shall not bar the submission of an Individual Contest Payments Claim or Interest Claim and any preliminary approval shall not bind the Trustee.

  • The Unconditional Interest Claim shall mean the amount equal to the amount of interest on the New Notes (at the non-default rate of 8% per annum) that is accrued and unpaid in cash from the date of issuance through the earlier of (x) the date of commencement by EnrichmentCo of a proceeding under chapter 7 or chapter 11 of the Bankruptcy Code or (y) the maturity of the New Notes.

  • Notwithstanding any other provision of this Agreement, unless a majority of the Executives consent in writing and prescribe a different limitation, the aggregate amount paid to or in respect of an Executive under the Agreement in respect of an Individual Contest Payments Claim and Interest Claim shall not exceed $100,000 in the aggregate unless and until all payments required under the Executive Severance Trust in respect of all of the Severance Agreements of Executives thereunder shall have been paid.

  • For this purpose, a Group Contest Payments Claim shall be given preference over any Individual Contest Payments Claim up to 75% of the value of the Trust and over any Interest Claim.

  • An Interest Claim shall be a claim made prior to the Starting Point of Credit by the Company by the submission to the Facility Agent of an Interest Certificate, signed by the Company’s Signatory, in the form specified Schedule 4 (Form of Interest Certificate).

  • Trustee shall provide a copy of the Interest Claim to the Company within three (3) business days of receipt thereof.