Examples of Setoff Claim in a sentence
CPLR §§ 5001 and 504 mandate an award of simple interest at a rate of 9% on this claim from October 14, 2014 until February 2, 2017.6. PK is Entitled to Prejudgment Interest at the Statutory Rate on its $194,299.24 Setoff Claim.
Except as set forth in subparagraph (g) below, on the last business day of each week, all cash of the Debtors (excluding cash deposited in any payroll accounts in accordance with terms hereof and also payments made pursuant to paragraph 6(e) or 6(f) of this Final Order) shall be applied to replenish any Cash Collateral used up to the then outstanding amount of the Setoff Claim, subject to the Debtors’ right to reuse the Cash Collateral in accordance with the terms hereof.
A Setoff Claimant that sets off, deducts or withholds any amounts from the other party, but fails to comply with the escrow procedures set forth in the immediately preceding sentence shall be deemed to waive its rights with respect to the applicable Setoff Claim.
As the investigational device is not used with the CE-approved software during the investigation, it is used 3 The intended purpose means the use for which a device is intended according to the data supplied by the manufacturer on the label, in the instructions for use, other promotional and sales materials or statements and as specified by the manufacturer in the clinical evaluation.
Pursuant to the Bar Date Order, except as described below, all governmental units holding claims (whether secured, unsecured, priority, or unsecured nonpriority, including claims arising under section 502(b)(9) of the Bankruptcy Code and any Setoff Claim) against either Debtor that arose before the Petition Date must file proofs of claim by the Governmental Bar Date— September 22, 2021 at 5 p.m. ET.The Rejection Bar Date.
Class 2 - General Unsecured Claim means any Claim other than a Priority Tax Claim, a Professional Fees claim, the Pershing Setoff Claim, a Secured Demand Note Claim, an Equity Interest or an Administrative Expense Claim.
The District Court Properly Concluded that Ethanol Plant and Financial Group have No Equitable Setoff Claim 107CONCLUSION 112 TABLE OF AUTHORITIES Cases Brummund v.
Initial Distribution on the Effective Date equal to their pro-rata share (based on percentage of total Class 2 Claims) of all remaining Cash and securities after payment of Administrative Expense Claims and Priority Tax Claims, establishing the Plan Administrator Reserve, the Professional Fee Reserve, the Tax Reserve, and the Secured Demand Note Fund, and after effecting the Pershing Setoff Claim.
Class 1 - Pershing Setoff Claim means the unimpaired Class 1 Claim of Pershing permitting its setoff of any cash held in any Pershing Accounts against any negative balances in any Pershing Accounts.
Holders of Allowed Class 2 General Unsecured Claims will be paid an Initial Distribution on the Effective Date equal to their pro-rata share (based on percentage of total Class 2 Claims) of all remaining Cash and securities after payment of Administrative Expense Claims and Priority Tax Claims, establishing the Plan Administrator Reserve, the Professional Fee Reserve, the Tax Reserve, and the Secured Demand Note Fund, and after effecting the Pershing Setoff Claim.