Examples of Securities Claimants in a sentence
The Claims Administrator shall, in the absence of reasonable grounds to the contrary, assume the Securities Claimants to be acting honestly and in good faith.
The claims process is intended to be expeditious, cost effective and “user friendly” and to minimize the burden on Securities Claimants.
The goal is to distribute the Net Settlement Amount among Securities Claimants who submit valid and timely claims for Securities purchased via the secondary market and/or Offerings, or any of them.
All New Calpine Common Stock to be issued under the Plan remaining in the New Calpine Common Stock Pool For Subordinated Debt Securities Claimants after all Holders of Allowed Claims (other than Subordinated Equity Securities Claims) have been paid in full.
Persons who have opted out of the either the Authorization Class or the Supplementary Class (but not both) are Securities Claimants solely in respect of securities purchased during the class for which they have not opted out.
The Equity Holders' Committee and the Securities Claimants' Committee shall each choose one trustee.
Id.The Fake Securities Claimants filed written objections to both (1) the SIPA trustee’s determination of their claims as claims for cash, and (2) his refusal to value claims based on the fictitious amounts shown as dividends and interest on their last account statements.
The securities listed on the Objecting Claimants’ account statements, they argue, like those of the New Times Real Securities Claimants, exist in the market and therefore have values that can be ascertained.
New Times II, 463 F.3d at 129–30.The Objecting Claimants identify with the Real Securities Claimants while the Trustee analogizes the Madoff claimants to the Fake Securities Claimants.The Objecting Claimants assert that Madoff customers, comparable to the Real Securities Claimants in New Times I, are entitled to the value of the securities listed on their final account statements.
To the extent that the trustees chosen by the Equity Holders' Committee and the Securities Claimants' Committee cannot agree on a distribution scheme with which to instruct the New Warrant Escrow Agent, then either or both of such trustees may seek the instructions of the Court after the Effective Date on such distribution scheme after notice and a hearing.