Reclamation Claim definition

Reclamation Claim means any Claim for the reclamation of goods delivered to the Debtors and asserted under section 546(c) of the Bankruptcy Code.

Reclamation Claim means a claim related to the right of a creditor to reclaim goods as set forth in Bankruptcy Code Section 546(c)(1) (including an Administrative Claim or other right granted in lieu thereof pursuant to the Order of the Bankruptcy Court.)

Reclamation Claim means a Claim administered, determined and allowed by agreement between the Debtors and a party asserting a reclamation claim, all as contemplated pursuant to the Reclamation Order.

Examples of Reclamation Claim in a sentence

• If no consensual resolution of a Settlement Notice is reached within 20 days after the filing of the Settlement Objection, the Debtors or the holder of the Reclamation Claim that is the subject of the Settlement Objection may file a motion with the Court requesting a hearing with respect to the Settlement Notice.

• At such Final Determination hearing, the Non- Consenting Farmers put on their cases in chief limited to their assertions of Reclamation and Constructive Trust first, and the Court will determine whether they have met their burden to establish either a Reclamation Claim or a Constructive Trust prior to the WHR Group being required to present their claims.

• If any Holder of a General Unsecured Claim holds or asserts a Reclamation Claim, such General Unsecured Claim shall not be Allowed until such Reclamation Claim is Allowed, disallowed or otherwise resolved, and when Allowed such General Unsecured Claim shall be reduced by the Allowed amount of the Reclamation Claim.

• If no Settlement Objection with respect to the Reclamation Claim that is the subject of this Settlement Notice is timely filed and served, such Reclamation Claim will be treated in accordance with this Settlement Notice without further order of the Court.

• If a Settlement Objection with respect to the Reclamation Claim that is the subject of this Settlement Notice is timely filed and served, the parties (including any Notice Party that filed a Settlement Objection) may negotiate a consensual resolution of such objection to be incorporated in a stipulation filed with the Court (a “ Settlement Stipulation”).

More Definitions of Reclamation Claim

Reclamation Claim means a Claim for reclamation in accordance with section 546(c) of the Bankruptcy Code and section 2-702 of the Uniform Commercial Code.

Reclamation Claim means any Claim for reclamation pursuant to section 546(c)(1) of the Bankruptcy Code and/or section 2-702 of the Uniform Commercial Code (as adopted in the applicable state).

Reclamation Claim means all Claims asserted by any Person pursuant to Bankruptcy Code Section 546(c) and applicable state law, relating to the reclamation of goods that were provided by such Person to the Debtors.

Reclamation Claim means a Claim for reclamation in accordance with section 546(c) of the Bankruptcy Code and/or section 2-702 of the Uniform Commercial Code or other applicable state law. Reclamation Claims shall be treated under the Plan as General Unsecured Claims.

Reclamation Claim means a Clam that satisfies all of the requirements of Section 546(c) of the Bankruptcy Code.

Reclamation Claim means each Claim to the extent asserted against one or more of the Debtors pursuant to section 546(c) of the Bankruptcy Code and/or other applicable law.

Reclamation Claim means a Claim against a Borrower under Section 546(c)(2)(A) of the Bankruptcy Code.