Priority Claim definition

Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

Priority Claim means any Claim (other than an Administrative Claim or a Priority Tax Claim) to the extent such Claim is entitled to a priority in payment under section 507(a) of the Bankruptcy Code.

Priority Claim means any Priority Non-Tax Claim or Priority Tax Claim.

Examples of Priority Claim in a sentence

• A plain reading of the terms of the confirmed plan make it clear that Roselli seeks a “General Unsecured Claim” against the estate because the requested claim is “a Claim not secured by a charge against or interest in property in which the Estate has an interest” and it is not an “Administrative Claim, an Other Priority Claim, or a Priority Tax Claim.” Doc.

• Except to the extent that a holder of an Allowed Priority Non-Tax Claim agrees to less favorable treatment on account of such Claim and/or to the extent that such Priority Claim has been paid in full on or before the Effective Date, the holder of such Allowed Priority Non-Tax Claim shall receive Cash in an amount equal to such Claim on the Effective Date.

• First, in exchangefor the release set forth in the confirmed and consummated bankruptcy plan, of which he voted in favor, Roselli agreed to “waive [his] General Unsecured Claims against the Debtor and the Estate.” The confirmed plan defines “General Unsecured Claim” as “[a]ny Unsecured Claim, other than an Administrative Claim, an Other Priority Claim, or a Priority Tax Claim.” Doc.

More Definitions of Priority Claim

Priority Claim means a claim entitled to priority under section 507(a) of the Bankruptcy Code, other than an Administrative Claim or a Tax Claim.

Priority Claim means any Claim entitled to priority pursuant to section 507(a) of the Bankruptcy Code.

Priority Claim means any Claim to the extent such Claim is entitled to priority in right of payment under section 507(a) of the Bankruptcy Code, other than Secured Claims, Administrative Claims, and Tax Claims.

Priority Claim means a Claim entitled to priority in payment under section 507(a) of the Bankruptcy Code, excluding any Claim that is an Administrative Claim or a Priority Tax Claim.

Priority Claim means a Claim other than an Administrative Claim or a Tax Claim which, if allowed, would be entitled to priority under section 507(a) of the Code.

Priority Claim means any Claim which, if Allowed, would be entitled to priority under Section 507 of the Bankruptcy Code.

Priority Claim means any Priority Tax Claim or Other Priority Claim.