Unliquidated Claims definition

Unliquidated Claims means any Claim that is Scheduled as unliquidated or that was Filed in an unliquidated amount.
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Unliquidated Claims. Holders of Unliquidated Claims shall not be impaired. All Unliquidated Claims, solely to the extent and on the basis set forth in a timely and validly filed proof of claim, shall be liquidated, determined and satisfied in the ordinary course of business by the Reorganized Debtors, without need for Court approval, including, where applicable, through access to available insurance. The Debtors shall not establish any disputed claims reserve for payment of Unliquidated Claims. Existing Preferred The Existing Preferred Stock in Foamex Stock International shall be impaired. Each share of preferred stock in Foamex International to the extent still outstanding shall be converted into 100 shares of Additional Common Stock on the Effective Date and shall receive the treatment accorded to the holders of Existing Common Stock under the First Amended Plan. Existing Common The Existing Common Stock in Foamex International Stock shall be impaired. Existing Common Stock in Foamex International shall remain outstanding after the Effective Date, subject to dilution as a result of the issuance, if any, of additional shares of common stock pursuant to the (a) Rights Offering, including shares issued to the Significant Equityholders under the Call Option, if exercised, (b) the Management Incentive Plan, (c) the Key Employee Retention Plan and (d) the exercise of any employee stock options outstanding on and as of the Effective Date. The Company and the Reorganized Company will use its reasonable best efforts to maintain one or more market makers for its common stock, who will facilitate trading of the common stock on the OTC Bulletin Board (the "pink sheets"). Other Common Equity The allowed other common equity interests in Interests in Foamex International, including options, warrants Foamex and rights related to the Debtor's equity International interests, shall be unimpaired and shall remain outstanding after the Effective Date. Intercompany Intercompany claims shall be unimpaired and shall Claims be reinstated upon the Effective Date. Other Equity Interests Except as otherwise provided for in the First in Surviving Debtor Amended Plan, all other equity interests in the Subsidiaries subsidiaries of Foamex International and Foamex L.P. shall be unimpaired. SEC The Rights Offering shall be offered pursuant to REGISTRATION: the Offering Registration Statement, filed with the SEC, in connection with and pursuant to the First Amended Plan. CONDITIONS TO The First Amended Plan s...
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Unliquidated Claims means Claims scheduled as “unliquidated” by the Debtor and any Claim filed by a Claimant without a specific dollar amount identified or otherwise specified as “unliquidated”.
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Examples of Unliquidated Claims in a sentence

  • Unliquidated Claims There are two significant unliquidated claims against BNC (Claim No. 31036 and 33107) which, if liquidated and allowed, would have a material impact on the recoveries to BNC claimants and would result in creditors receiving significantly less than a 100% recovery on their claims.

  • In the case of Unliquidated Claims arising from personal injury tort or wrongful death actions, the Court may estimate such Claims for the purpose of confirming a plan of reorganization.

  • The Debtors may, in their sole and absolute discretion, determine, resolve and otherwise adjudicate Contingent Claims, Unliquidated Claims and Disputed Claims in the Bankruptcy Court or such other court of the Debtors’ choice having jurisdiction over the validity, nature or amount thereof.

  • Each holder of an allowed general unsecured claim (which shall not include Unliquidated Claims) shall be paid in full in cash on the later of the initial distribution date, or as soon thereafter as is practicable under the First Amended Plan and the date such general unsecured claim is allowed plus Post-Petition Interest.

  • Holders of Unliquidated Claims that are liquidated, determined and satisfied in the ordinary course of business by the Reorganized Debtors shall be entitled to (and shall receive payment of) interest on such Claim solely to the extent provided for under applicable non-bankruptcy law.

  • As set forth in the Plan, Unliquidated Claims are Disputed Claims that shall be liquidated, determined and satisfied in the ordinary course of business by the Reorganized Debtors, including, where applicable, through access to available insurance.

  • The Debtors believe the Reorganized Debtors will be able to satisfy (through available insurance or otherwise) all valid Unliquidated Claims in the ordinary course after the Effective Date.

  • Various Unliquidated Claims have been filed against one or more of the Debtors.

  • Unless otherwise ordered by the Court, objections to, or other proceedings concerning the allowance of, Administrative Claims and Claims (other than Unliquidated Claims) shall be filed and served upon the holders of the Administrative Claims or Claims as to which the objection is made, or otherwise commenced, as the case may be, as soon as practicable, but in no event later than the Claims Objection Deadline.

  • Included in these Unliquidated Claims is the Rhode Island Litigation, which is discussed in detail in Article VI.L above.

Related to Unliquidated Claims

  • Disputed Claim means any Claim that is not Allowed.

  • Settled Claims means any and all claims, debts, demands, rights or causes of action or liabilities whatsoever (including, but not limited to, any claims for damages, interest, attorneys’ fees, expert or consulting fees, and any other costs, expenses or liability whatsoever), whether based on federal, state, local, statutory or common law, or any other law, rule or regulation, whether foreign or domestic, fixed or contingent, accrued or unaccrued, liquidated or unliquidated, at law or in equity, matured or unmatured, foreseen or unforeseen, whether class or individual in nature, including both known claims and Unknown Claims (as defined below), (i) that have been asserted in this Action by the Class Members or any of them against any of the Released Parties (whether pleaded in the Complaint or not), or (ii) that could have been asserted from the beginning of time to the end of time in any forum by the Class Members or any of them against any of the Released Parties, which arise out of, relate in any way to, or are based upon the allegations, transactions, facts, matters or occurrences, representations or omissions involved in, set forth in, or referred to, or that could have been asserted in the Complaint and relate to the purchase, sale, transfer or acquisition of securities of Priceline.com during the Class Period, or any actions, representations or omissions that were alleged or might have been alleged to affect the price of publicly traded securities of Priceline.com during the Class Period. Notwithstanding the prior sentence, “Settled Claims” does not include any claims Class Members may have against Deloitte in its capacity as the

  • Disputed Claims Reserve means a reserve of Cash that may be funded on or after the Effective Date pursuant to Article VII.E hereof.

  • Approved Claims means complete and timely claims, submitted by Settlement Class Members, that have been approved for payment by the Settlement Administrator.

  • Administrative Claims Bar Date means the deadline for Filing requests for payment of Administrative Claims, which: (a) with respect to Administrative Claims other than Professional Fee Claims, shall be 30 days after the Effective Date; and (b) with respect to Professional Fee Claims, shall be 45 days after the Effective Date.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Intercompany Claim means any Claim held by a Debtor against another Debtor.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.