Ratable Proportion definition

Ratable Proportion means, with reference to any Distribution on account of any Allowed Claim in any Class, the ratio (expressed as a percentage) that the amount of the Allowed Claim bears to the aggregate amount of all Allowed and Disputed Claims in that Class.

Ratable Proportion means the ratio (expressed as a percentage) of the amount of an Allowed Claim in a Class to the aggregate amount of all Allowed Claims in the Class.

Ratable Proportion means, with reference to any Distribution on account of any Allowed General Unsecured Claim in any Class, the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of all Allowed and Disputed General Unsecured Claims held by Consenting Creditors against the Debtors without taking into account any individual Debtor Group.

Examples of Ratable Proportion in a sentence

• Holders of Class 4 General Unsecured Claims against any of the Target Debtors subject to, or likely to be subject to, an objection or an Avoidance Action will each receive a Ratable Proportion of the Plan Shares allocated for future issuance as soon as practicable after resolution of the objection or Avoidance Action.

• Each holder of an Allowed General Unsecured Claim against an SMSA II Debtor shall receive a Ratable Proportion of Plan Shares in all Post Confirmation Debtors that were formerly SMSA II Debtors.

• Each holder of an Allowed General Unsecured Claim against a Liquidating Debtor shall receive a Ratable Proportion of Plan Shares in all Post Confirmation Debtors that were formerly Liquidating Debtors.

• On the Effective Date, or as soon thereafter as is practicable, each holder of an Allowed Convenience Claim shall receive on account of its Allowed Convenience Claim Cash either (i) an amount equal to 100% of its Allowed Convenience Claim (as reduced in accordance with Section 5.12 of the Plan), without interest or (ii) if total Allowed Convenience Claims (including those reduced in accordance with Section 5.12 of the Plan) exceed $250,000, a Ratable Proportion of $250,000.

• Subject to the NCS Rights and provided that such Holder of an Allowed General Unsecured Claim has complied with the NCS Election Procedures indicating it is an Eligible Holder on the NCS Election Record Date intending to receive treatment pursuant to this paragraph, such Eligible Holder’s Ratable Proportion, as of the NCS Election Record Date, of New Common Shares.

More Definitions of Ratable Proportion

Ratable Proportion means, with reference to any distribution on account of any Allowed Claim or Allowed Equity Interest in any class or subclass, as applicable, a distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Allowed Claim or Allowed Equity Interest, as applicable, bears to the aggregate amount of Allowed Claims or Allowed Equity Interests of the same class or subclass, as applicable.

Ratable Proportion means, with reference to any distribution on account of any Allowed Claim or Allowed Equity Interest in any class or subclass, as applicable, a distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Allowed Claim or Allowed Equity Interest, as applicable, bears to the aggregate amount of Allowed Claims or Allowed Equity Interests of the same class or subclass.

Ratable Proportion means, (i) with reference to any Distribution on account of any Allowed Claim in any Class, the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of Allowed Claims of the same Class plus all Disputed Claims in such Class, and (ii) with reference to any Distribution on account of any Allowed Equity Interest in any Class, the ratio (expressed as a percentage) that the amount (in number of shares) of such Allowed Equity Interest bears to the aggregate amount (in number of shares) of Allowed Equity Interests of the same Class plus all Disputed Equity Interests in such Class.

Ratable Proportion means, with reference to any Distribution on account

Ratable Proportion means the ratio (expressed as a percentage) of the amount of an Allowed Claim in a Class to the aggregate amount of all Allowed Claims in the Class, except in the case of Claim Holders listed on the Rights Participation schedule it means, solely for the purposes of determining participation in the Rights Offering, the ratio of the Rights Participation Claim Amount of any particular Claim Holder so listed to the aggregate of the Rights Participation Claim Amounts for all Claim Holders listed on such Schedule.

Ratable Proportion means, with reference to any Distribution on account of any Claim in any Class, a Distribution equal in amount to the ratio (expressed as a percentage) that the amount of such Claim bears to the aggregate amount of Claims in the same Class, as applicable.

Ratable Proportion means, (i) with reference to any Distribution on account of any Allowed Claim in any Class, the ratio (expressed as a percentage) that the amount of such Allowed Claim bears to the aggregate amount of Allowed Claims of the same Class plus all Disputed Claims in such Class, (ii) with reference to any Distribution on account of any Allowed Equity Interest in any Class, the ratio (expressed as a percentage) that the amount (in number of shares) of such Allowed Equity Interest bears to the aggregate amount (in number of shares) of Allowed Equity Interests of the same Class plus all Disputed Equity Interests in such Class, and (iii) with reference to any Distribution of the Cash Investment Yield, the portion of the Cash Investment Yield allocable to a particular Allowed Claim or Allowed Equity Interest, as the case may be, on the basis of the amount of the Cash then being distributed on account of such Allowed Claims or Equity Interests (including dividends and other Distributions on New Common Stock being distributed on account of such Allowed Claims or Allowed Equity Interests). Calculations of the Ratable Proportion of the Cash Investment Yield to be distributed at any particular time will be based on the Cash Investment Yield generated as of the last day of the month prior to the month in which such Distributions are to be made.