Penalty Claims definition

Penalty Claims means a Claim against the Archdiocese, whether secured or unsecured, for any fine, penalty or forfeiture, or for multiple, exemplary or punitive damages, arising before the Petition Date, to the extent that such fine, penalty, forfeiture, or damages are not compensation for actual pecuniary loss suffered by the holder of such claim.

Penalty Claims means any Claims for any fine, penalty, forfeiture, multiple damages, punitive damages, or exemplary damages, including, but not limited to, any such Claims not meant to compensate the claimant for actual pecuniary loss.

Penalty Claims means Claims for penalties or punitive damages, including Claims denominated as “interest” which the Bankruptcy Court determines to be punitive in nature.

Examples of Penalty Claims in a sentence

• All Penalty Claims will be Disallowed Claims, and there will be no distribution to the holders of any Penalty Claims.

• Except for any payment that may be provided from the Trust as part of the Tort Claims Allocation Protocol, Penalty Claims relating to Tort Claims will receive no distribution and will be Disallowed Claims.

• Except for any payment that may be provided from the Trust as part of the Unknown Tort Claims Allocation Protocol, Penalty Claims relating to Unknown Tort Claims will receive no distribution and will be Disallowed Claims.

• Claims for punitive or exemplary damages in connection with any of the Claims will be treated as Penalty Claims and will receive no distribution under the Plan.

• Interest also shall be recognized on outstanding accounts receivable against persons and entities in accordance with (IAW) provisions in Title 31, United States Code (U.S.C.), 3717, Interest and Penalty Claims.

More Definitions of Penalty Claims

Penalty Claims means those Claims referenced in Bankruptcy Code section 726(a)(4), including without limitation any claims for punitive, liquidated or exemplary damages.

Penalty Claims means any Claims for any fine, penalty, forfeiture, multiple damages, punitive damages, or exemplary damages, including, but not limited to, any such Claims not meant to compensate the claimant for actual pecuniary loss, and including, but not limited to, any Claims created by the Patient Protection and Affordable Care Act, 42 U.S.C.§ 18001 et seq., and related regulations.

Penalty Claims means all claims for fines, penalties, forfeitures, multiple damages, punitive damages, or exemplary damages not meant to compensate the claimant for actual pecuniary loss.

Penalty Claims means a claim against the Archdiocese, whether secured or unsecured, for any fine, penalty or forfeiture, or for multiple, exemplary or punitive damages, arising

Penalty Claims means Claims and Causes of Action for noncompensatory, statutory, exemplary, or punitive damages, or penalties.

Penalty Claims means Claims for penalties or punitive damages, including but not limited to Claims for interest claimed to be due on debt which the Bankruptcy Court determines to be punitive in nature.

Penalty Claims means any unsecured Claims for any fine, penalty, forfeiture, multiple damages, punitive damages, or exemplary damages not meant to compensate the claimant for actual pecuniary loss.