Examples of Preferential Claim in a sentence
The CVA shall not affect the rights of any Employee, either in respect of any Employee Preferential Claim or any other Liability owed to the Employee in their capacity as an Employee.
Operating Assets3.5 Description3.6 Sales Proceeds3.7 Estate Contribution3.8 Preferential Claim of the Netherlands Tax and Customs Administration3.9 Stocks / Work in Hand3.10 Sales Proceeds3.11 Estate Contribution3.12 Intellectual Property Rights3.13 Participating InterestsPlease refer to the previous reports.
In April 2022, the Plan Administrator filed a Complaint against MHI (the "Complaint") alleging certain preferential transfers of assets, which were valued by the Plan Administrator at $250,000, relating to payments on a $600,000 loan made to MHI by the Company prior to the filing of the OGGUSA Debtors Chapter 11 proceeding (the "Preferential Claim").
In July 2023, MHI entered into a Settlement and Release Agreement with the Plan Administrator pursuant to which it agreed to reduce its Bankruptcy Court approved unsecured general claim to $15.5 million, or by 50%, in consideration for the settlement of the Preferential Claim and a general release of MHI and the Company.
Once the Tradestone Commercial Invoice has been generated from a correctly built Packing List, select YES or NO in Preference Certificate Field for all Style(s) listed on the Commercial Invoice: YES o Style qualifies for Free Trade according to Preferential Claim Requirements.NO o Style does not qualify for Free Trade according to Preferential Claim Requirements.Vendors approved for EU/TR Preferential Claim are not permitted to leave this field blank.
Received (Date Stamp)Reserved for Office Use:Claim admitted for voting purposes: Signed: Date: / / Claim rejected for voting purposes:Signed:Date: / / Claim rejected for payment:Signed:Date: / / Claim admitted for payment: Preferential Claim for: Ordinary Claim for: Deferred claim for: $ $ $ Signed LiquidatorDated: Note: If the decision to admit or reject a claim is amended, regulation 8 of the Companies Act 1993 Liquidation Regulations 1994 requires that it be recorded in writing.
Specifically, the VCVs require a much shorter temporal glimpse for con- sonant recognition, whereas the CNC words rely more heav- ily on the longer vowel information.
Once the Tradestone Commercial Invoice has been generated from a correctly built Packing List, select YES or NO in Preference Certificate Field for all Style(s) listed on the Commercial Invoice: YES → Style qualifies for Free Trade according to Preferential Claim Requirements.NO → Style does not qualify for Free Trade according to Preferential Claim Requirements.
The Company intends that each Operational Debt, insofar as its Operational Debt has not been discharged outside the Scheme, each Preferential Creditor, insofar as its Preferential Claim has not been discharged outside the Scheme, and the Secured Creditor, insofar as its Secured Claim has not been discharged outside the Scheme, will be paid either by the Company with cash flows received from its operating activities in cash in full outside of the Scheme.
Operating Assets3.5 Description3.6 Sales Proceeds3.7 Estate Contribution3.8 Preferential Claim of the Netherlands Tax and Customs Administration3.9 Stocks / Work in Hand3.10 Sales Proceeds3.11 Estate Contribution3.12 Intellectual Property RightsPlease refer to the preceding reports.