Class 5 definition

Class 5 means a vehicle with a GVWR greater than 16,000 lbs. and less than or equal to 19,500 lbs.
Class 5 means a vehicle with a GVWR that is above 16,000 pounds but at or below 19,500 pounds.
Class 5 means heavy-duty motor vehicles above 16,000 pounds GVWR but at or below 19,500 pounds GVWR.

Examples of Class 5 in a sentence

  • Class 5 shares of a Fund are offered and sold without imposition of an initial sales charge, CDSC, service fee or distribution fee.

  • Class 5 shares of a Fund are available for purchase only as described in the Prospectus and are subject to the minimum purchase requirements and exchange privileges as set forth in the Prospectus.

  • Class 5 is Unimpaired and the holders of Class 5 Claims are deemed to have accepted the Plan and, accordingly, are not entitled to vote on the Plan.

  • Each sub-Class of Class 5 Other Secured Claims contains a single Other Secured Claim and is a separate Class for all purposes under the Bankruptcy Code and the Plan.

  • Each holder of an Other Secured Claim in Class 5 is conclusively presumed to have accepted the Plan and is not entitled to vote to accept or reject the Plan under section 1126 of the Bankruptcy Code.


More Definitions of Class 5

Class 5 means an on-road vehicle with a GVWR that is 16,001 pounds up to 19,500 pounds.
Class 5 means the Allowed Unsecured Claims, as described and classified in Section 8.05 of the Plan.
Class 5. Section 510(b) Claims Treatment. Claims arising under section 510(b) of the Bankruptcy Code, if any, shall be cancelled without any distribution, and such holders of such claims will receive no recovery under the Plan. Voting. Impaired; non-voting.
Class 5 means a class of heavy-duty vehicle that has a GVWR of more than 7 257 kg (16,000 pounds) but not more than 8 845 kg (19,500 pounds).
Class 5 means a vehicle with a GVWR that is 16,001 pounds up to 19,500 pounds.
Class 5 means the Allowed Equity Interests, as described, classified and treated in Section 4.05 of this Plan.
Class 5 means the impaired class designated as "Class 5" in the Reorganization Plan, which consists of (i) all Class 5 Equity Interests and (ii) all Class 5 Litigation Claims.