Priority Employee Claim definition
Priority Employee Claim means that portion of an Allowed Claim that is
Priority Employee Claim means Unsecured Claim, or that portion thereof, that is entitled to priority in payment under Bankruptcy Code section 507(a)(4) and (5).
Priority Employee Claim means a Claim that is entitled to priority up to $4,925 per employee pursuant to Section 507(a)(3) of the Bankruptcy Code.
Examples of Priority Employee Claim in a sentence
Notwithstanding the foregoing, each Allowed Canadian Priority Employee Claim shall be paid immediately after the Canadian Sanction Order, or as the Canadian Court may order.
More Definitions of Priority Employee Claim
Priority Employee Claim means that portion of an Allowed Claim that is unsecured and that is entitled to priority under sections 507(a)(3) or (a)(4) of the Bankruptcy Code.
Priority Employee Claim means that portion of a Claim that is entitled to priority under Bankruptcy Code § 507(a)(3) or (a)(4).
Priority Employee Claim means Claims held by employees of the Debtor pursuant to Bankruptcy Code section 507(a)(4).
Priority Employee Claim means a Claim of a current or former employee of Debtor of the kind specified in section 507(a)(3) of the Bankruptcy Code.
Priority Employee Claim means an Employee Claim, or the portion thereof, that is entitled to priority in payment under 11 U.S.C. § 507(a)(4) and (5), Administrative Claims under