per plan definition

per plan approach means that any one impaired class of creditor of any of the debtors in a multi-debtor plan votes in support of the restructuring plan, and the “per debtor” approach means that at least one class of claims of each debtor that is impaired has voted to accept the plan. See JPMCC 2007-C1 Grasslawn Lodging, L.L.C., 881 F.3d 724. Section 1129(a)(10) provides that “[i]f a
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Related to per plan

  • Master Plan means a subcontracting plan that contains all the required elements of an individual contract plan, except goals, and may be incorporated into individual contract plans, provided the master plan has been approved.

  • Company 401(k) Plan has the meaning set forth in Section 6.09(a).

  • Former Plan means any employee benefit plan in respect of which the Customer or a Subsidiary has engaged in a transaction described in Section 4069 or Section 4212(c) of ERISA.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.