Priority Unsecured Claim definition

Priority Unsecured Claim means every Unsecured Claim or portion thereof, which is not an Administrative Claim, a Priority Tax Claim or a Priority Employee Unsecured Claim and which is entitled to priority under any applicable provision of Bankruptcy Code § 507.
Priority Unsecured Claim means a Claim asserted to have priority under Sections 507(a)(3), 507(a)(4), or 507(a)(6) of the Bankruptcy Code.
Priority Unsecured Claim means any Claim, other than an Administrative Claim or a Priority Tax Claim, which is entitled to priority under Bankruptcy Code section 507(a).

Examples of Priority Unsecured Claim in a sentence

  • The holder of every Allowed Priority Unsecured Claim will be paid, in full satisfaction of such Claim: (a) a single Cash payment in the Allowed amount of the Claim on the Effective Date (or the applicable Claim Payment Date); (b) as otherwise agreed in writing by the holder of the Allowed Claim; or (c) as ordered by the Bankruptcy Court.

  • In full satisfaction of any Allowed Priority Unsecured Claim, the holder of every Allowed Priority Unsecured Claim will be paid: (a) a single Cash payment in the Allowed amount of the Allowed Priority Unsecured Claim on the Effective Date (or the applicable Claim Payment Date); or (b) as otherwise agreed in writing by the holder of the Allowed Priority Unsecured Claim and the Debtor.

  • Strategic litigation and the strategic deployment of anti-discrimination claims and analysis were infused with an anti-carceral ethic and a deep commitment and connection to the women inside the prison.

  • By voting to accept the Plan, creditors are not acknowledging the validity of, or consenting to the amount of, any Priority Unsecured Claim.

  • MEMORANDUM DECISION DENYING MARSHACK MOTION TO DISALLOW HAMMOND PRIORITY UNSECURED CLAIM17This memorandum is issued in response to chapter 7 trustee Richard Marshack’s (Marshack)18Motion for Order Disallowing Priority Unsecured Claim filed by Brian Hammond (Hammond) as class19representative in the estate of Four Star Financial Services, Inc.


More Definitions of Priority Unsecured Claim

Priority Unsecured Claim means a Claim asserted to have priority under
Priority Unsecured Claim means every Unsecured Claim or portion thereof that is not an Administrative Claim or a Priority Tax Claim, and that is entitled to priority under any applicable provision of Bankruptcy Code § 507.
Priority Unsecured Claim means a Claim, other than an Administrative Claim or a Priority Tax Claim, that is entitled to priority under Section 507(a) of the Bankruptcy Code.
Priority Unsecured Claim means every Unsecured Claim or portion thereof that is not an Administrative Expense Claim or a Priority Tax Claim, and that is entitled to priority under any applicable provision of section 507 of the Bankruptcy Code.  aaaa.“Pro Rata” shall mean the proportion (expressed as a percentage) that the amount of a Claim in a particular Class or Classes bears to the aggregate amount of all Claims (including Disputed Claims, but excluding disallowed Claims) in such Class or Classes, unless this Plan provides otherwise.  bbbb.“Professional(s)” means: (i) any professional retained by the Debtors or the Creditors Committee in the Chapter 11 Cases pursuant to an order of the Bankruptcy Court in accordance with Bankruptcy Code §§ 327 or 1103; (ii) any attorney or accountant seeking compensation or reimbursement of expenses pursuant to Bankruptcy Code § 503(b); and (iii) any entity whose fees and expenses are subject to approval by the Bankruptcy Court as reasonable pursuant to Bankruptcy Code § 1129(a)(4).  cccc.“Professional Claim” means an Administrative Expense Claim of a Professional for compensation and/or reimbursement of expenses pursuant to section 327, 328, 330, 331, 503(b) or 1103 of the Bankruptcy Code in connection with an application made to the Bankruptcy Court in this Chapter 11 Case.  dddd.“Proof of Claim” means the form filed with the Bankruptcy Court by a Creditor on which the specifics of a Claim are set forth as required by the Bankruptcy Code and the Bankruptcy Rules.  eeee.“Proof of Interest” means the form filed with the Bankruptcy Court by an Equity Interest Holder on which the specifics of an Equity Interest are set forth as required by the Bankruptcy Code and the Bankruptcy Rules.  ffff.“Property of the Estate” shall have the meaning ascribed to it in section 541 of the Bankruptcy Code.  gggg.“Property Tax Administrative Expense Claim” means every Claim of any state or local governmental unit that is an Administrative Expense Claim for unpaid property taxes, unpaid personal property taxes, or unpaid sales taxes or leasing taxes, and every prorated portion thereof arising on and after the Petition Date until the Effective Date. Allowed Property Tax Administrative Expense Claims will be classified and paid under the Plan as the Plan provides for Administrative Expense Claims.  hhhh.“Record Date” means the date that the Disclosure Statement is conditionally approved by the Bankruptcy Court.  iiii.“Rejection Claim” means a claim for dama...
Priority Unsecured Claim means an Unsecured Claim entitled to priority under Bankruptcy Code § 507(a), except Priority Tax Claims and Priority Wage Claims.
Priority Unsecured Claim means any Claim (other than an Administrative Claim or Priority Tax Claim) to the extent entitled to priority in payment under section 507(a) of the Bankruptcy Code.
Priority Unsecured Claim means all Claims entitled to priority under Section 507 of the Bankruptcy Code, other than Priority Tax Claims.