Deposit Claims definition

Deposit Claims means any Claim entitled to priority in payment pursuant to section 507(a)(7) of the Bankruptcy Code.
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Examples of Deposit Claims in a sentence

  • To the extent the Unimpaired Claims Cash Reserve is insufficient to pay the Allowed Other Priority Claims in full (other than Student 507(a)(7) Deposit Claims, which shall be satisfied from the Student Trust Assets), then the Holders of such Allowed Claims shall be paid from the first net proceeds of the Distribution Trust Assets following satisfaction of all Allowed Administrative Expense Claims.

  • On November 16, 2017 the Court granted an Order (the “ Deposit Claims Procedure Order”) which approved the deposit claims procedure to address the claims of the purchasers of the Project’s condominium units (each a “Purchaser”) and the deposits paid (the “Deposit Claims Procedure”).

  • Capitalized terms not otherwise defined in this section are as defined in the Deposit Claims Procedure Order, attached hereto as Appendix A.

  • Subsequent to the issuance of the Deposit Claims Procedure Order, the Receiver received and reviewed all Deposit Claims and, collaboratively with the Guarantee, determined the Deposit Claims as either accepted, disallowed or revised.

  • The net proceeds of the Student Trust Assets shall be distributed (i) first, to the Holders of Allowed Student 507(a)(7) Deposit Claims; and (ii) second,to the Holders of Allowed Student Claims and Allowed Government Education Claims on a Pro Rata Basis, provided that the Student Trustee may establish any Student Claims Benefit Program in accordance with subject to the terms of the Combined Plan and Disclosure Statement and theStudent Trust Agreement.

  • Pursuant to the Deposit Claims Procedure Protocol, the Receiver was to deliver a receiver’s certificate to Tarion on a bi-weekly basis outlining the Deposit Claim Distributions made on account of the Proven Deposit Claims (a “ Receiver’s Certificate”).

  • Following the delivery of the Purchaser Correspondence and upon receiving the Court’s approval of the Deposit Claims Procedure, the Receiver notified the Purchasers of the Deposit Claims Procedure and the requirement to complete and file with the Receiver the required documentation to prove any claim they may have pursuant to the Deposit Claims Procedure.

  • All capitalized terms not defined herein have the meaning given to such terms in the Deposit Claims Procedure Order.

  • Damages and Security Deposit Claims All homestay students are required to pay a fully-refundable security deposit that the University of Lethbridge holds until damage is reported by the host family.

  • The Deposited Funds shall be available to satisfy either the Investor’s obligation under Section 1.5(b)(i), to the extent such Deposited Funds are denominated in U.S. dollars, or any Agreed Deposit Claims (as defined in Section 1.6(c)(ii)) until the full amount of such Deposited Funds are applied and/or distributed in accordance with, and subject to the conditions set forth in, this Agreement.

Related to Deposit Claims

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • 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.

  • Released Class Claims means the claims being released as described in Paragraph 6.2 below.

  • Related Claims means all Claims for Wrongful Acts based upon, arising out of, resulting from, or in any way involving the same or related facts, circumstances, situations, transactions or events or the same or related series of facts, circumstances situations, transactions or events, whether related logically, causally or in any other way.

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

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

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Administrative Claim Bar Date means the deadline for filing requests for payment of Administrative Claims, which shall be 30 days after the Effective Date.

  • Claims is defined in Section 12.3.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Pending Claims shall have the meaning set forth in Section 7.1(e).

  • Claims Bar Date means the applicable bar date by which Proofs of Claim must be Filed, as established by: (a) the Bar Date Order; (b) a Final Order of the Bankruptcy Court; or (c) the Plan.

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

  • General Administrative Claim means any Administrative Claim, including Cure Claims, other than a Professional Fee Claim.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Collection Accounts As defined in Section 3.10(a).