Classification of Claims and Interests. Except for the Claims addressed in Article II hereof, all Claims and Interests are classified in the Classes set forth below in accordance with sections 1122 and 1123(a)(1) of the Bankruptcy Code. A Claim or an Interest, or any portion thereof, is classified in a particular Class only to the extent that any portion of such Claim or Interest fits within the description of that Class and is classified in other Classes to the extent that any portion of the Claim or Interest fits within the description of such other Classes. A Claim or an Interest also is classified in a particular Class for the purpose of receiving distributions under the Plan only to the extent that such Claim or Interest is an Allowed Claim or Allowed Interest in that Class and has not been paid, released, or otherwise satisfied prior to the Effective Date. The Plan constitutes a separate Plan for each of the Debtors, and the classification of Claims and Interests set forth herein shall apply separately to each of the Debtors (except for Class 4A General Unsecured Claims against Gulfport Parent, and Class 7 Existing Interests in Gulfport Parent, which shall only apply to Debtor Gulfport Parent, and Class 4B General Unsecured Claims against Gulfport Subsidiaries, which shall only apply to the Gulfport Subsidiary Debtors). All of the potential Classes for the Debtors are set forth herein. Voting tabulations for recording acceptances or rejections of the Plan shall be conducted on a Debtor-by-Debtor basis as set forth above. Class 1 Other Secured Claims Unimpaired Not Entitled to Vote (Presumed to Accept) Class 2 Other Priority Claims Unimpaired Not Entitled to Vote (Presumed to Accept) Class 3 RBL Claims Impaired Entitled to Vote Class 4A General Unsecured Claims Against Gulfport Parent (including Notes Claims against Gulfport Parent) Impaired Entitled to Vote Class 4B General Unsecured Claims Against Gulfport Subsidiaries Impaired Entitled to Vote Class 5 Intercompany Claims Unimpaired / Impaired Not Entitled to Vote (Presumed to Accept or Deemed to Reject) Class 6 Intercompany Interests Unimpaired / Impaired Not Entitled to Vote (Presumed to Accept or Deemed to Reject) Class 7 Existing Interests in Gulfport Parent Impaired Not Entitled to Vote (Deemed to Reject) Class 8 Section 510(b) Claims Impaired Not Entitled to Vote (Deemed to Reject)
Appears in 1 contract
Sources: Restructuring Support Agreement (Gulfport Energy Corp)
Classification of Claims and Interests. Except for the Claims addressed in Article II hereof, all Claims and Interests Interests, except for Administrative Claims, DIP Claims, and Priority Tax Claims, are classified in the Classes set forth below in accordance with sections 1122 and 1123(a)(1) of the Bankruptcy Codethis Article III. A Claim or an Interest, or any portion thereof, Interest is classified in a particular Class only to the extent that any portion of such the Claim or Interest fits qualifies within the description of that Class and is classified in other Classes to the extent that any portion of the Claim or Interest fits qualifies within the description of such other Classes. A Claim or an Interest also is classified in a particular Class for the purpose of receiving distributions under pursuant to the Plan only to the extent that such Claim or Interest is an Allowed Claim or Allowed Interest in that Class and has not been paid, released, or otherwise satisfied prior to before the applicable Effective Date. The Debtors reserve the right to assert that the treatment provided to Holders of Claims and Interests pursuant to Article III.B of the Plan renders such Holders Unimpaired.
1. Class Identification for the EFH Debtors. The Plan constitutes a separate Plan chapter 11 plan of reorganization for each EFH Debtor, each of which shall include the classifications set forth below. Subject to Article III.D of the Plan, to the extent that a Class contains Claims or Interests only with respect to one or more particular EFH Debtors, and such Class applies solely to such EFH Debtor. The following chart represents the classification of Claims and Interests set forth herein shall apply separately to for each of the Debtors (except for Class 4A General Unsecured Claims against Gulfport Parent, and Class 7 Existing Interests in Gulfport Parent, which shall only apply to EFH Debtor Gulfport Parent, and Class 4B General Unsecured Claims against Gulfport Subsidiaries, which shall only apply pursuant to the Gulfport Subsidiary Debtors). All of the potential Classes for the Debtors are set forth herein. Voting tabulations for recording acceptances or rejections of the Plan shall be conducted on a Debtor-by-Debtor basis as set forth abovePlan. Class 1 A1 Other Secured Claims Against the EFH Debtors Unimpaired Not Entitled to Vote (Presumed Deemed to Accept) Class 2 A2 Other Priority Claims Against the EFH Debtors Unimpaired Not Entitled to Vote (Presumed Deemed to Accept) Class 3 RBL A3 Legacy General Unsecured Claims Against the EFH Debtors Unimpaired Not Entitled to Vote (Deemed to Accept) Class A4 EFH Legacy Note Claims Impaired Entitled to Vote Class 4A General Unsecured A5 EFH Unexchanged Note Claims Against Gulfport Parent (including Notes Claims against Gulfport Parent) Impaired Entitled to Vote Class 4B General Unsecured A6 EFH LBO Note Primary Claims Against Gulfport Subsidiaries Impaired Entitled to Vote Class 5 A7 EFH Swap Claims Impaired Entitled to Vote Class A8 EFH Non-Qualified Benefit Claims Impaired Entitled to Vote Class A9 General Unsecured Claims Against EFH Corp. Impaired Entitled to Vote Class A10 General Unsecured Claims Against the EFH Debtors Other Than EFH Corp. Impaired Entitled to Vote Class A11 Tex-La Guaranty Claims Impaired Entitled to Vote Class A12 TCEH Settlement Claim Impaired Entitled to Vote Class A13 EFH Debtor Intercompany Claims Unimpaired / Unimpaired/ Impaired Not Entitled to Vote (Presumed Deemed to Accept or Deemed to Reject) Class 6 A14 Non-EFH Debtor Intercompany Interests Unimpaired / Impaired Not Entitled to Vote (Presumed to Accept or Deemed to Reject) Class 7 Existing Interests in Gulfport Parent Claims Impaired Not Entitled to Vote (Deemed to Reject) Class 8 Section 510(bA15 Interests in EFH Debtors Other Than EFH Corp. Unimpaired/ Impaired Not Entitled to Vote (Deemed to Accept or Reject) Claims Class A16 Interests in EFH Corp. Impaired Not Entitled to Vote (Deemed to Reject)
2. Class Identification for the EFIH Debtors. The Plan constitutes a separate chapter 11 plan of reorganization for each EFIH Debtor, each of which shall include the classifications set forth below. Subject to Article III.D of the Plan, to the extent that a Class contains Claims or Interests only with respect to one or more particular EFIH Debtors, such Class applies solely such EFIH Debtor. The following chart represents the classification of Claims and Interests for each EFIH Debtor pursuant to the Plan. Class B1 Other Secured Claims Against the EFIH Debtors Unimpaired Not Entitled to Vote (Deemed to Accept) Class B2 Other Priority Claims Against the EFIH Debtors Unimpaired Not Entitled to Vote (Deemed to Accept) Class B3 EFIH First Lien Note Claims Impaired Entitled to Vote Class B4 EFIH Second Lien Note Claims Impaired Entitled to Vote Class B5 EFH LBO Note Guaranty Claims Impaired Entitled to Vote Class B6 General Unsecured Claims Against the EFIH Debtors Impaired Entitled to Vote Class B7 EFIH Debtor Intercompany Claims Unimpaired/ Impaired Not Entitled to Vote (Deemed to Accept or Reject)
Appears in 1 contract
Sources: Merger Agreement (Energy Future Intermediate Holding CO LLC)
Classification of Claims and Interests. This Prepackaged Plan constitutes a separate Prepackaged Plan proposed by each Debtor. Except for the Claims addressed in Article II hereof, all Claims and Interests are classified in the Classes set forth below in accordance with sections 1122 and 1123(a)(1) of the Bankruptcy Code. A Claim or an Interest, or any portion thereof, is classified in a particular Class only to the extent that any portion of such Claim or Interest fits within the description of that Class and is classified in other Classes to the extent that any portion of the Claim or Interest fits within the description of such other Classes. A Claim or an Interest also is classified in a particular Class for the purpose of receiving distributions under the Prepackaged Plan only to the extent that such Claim or Interest is an Allowed Claim or Allowed Interest in that Class and has not been paid, released, or otherwise satisfied prior to the Effective Date. The Plan constitutes a separate Plan for each of the Debtors, and the classification of Claims and Interests set forth herein shall apply separately to each of against the Debtors (except for Class 4A General Unsecured Claims against Gulfport Parent, and Class 7 Existing Interests in Gulfport Parent, which shall only apply to Debtor Gulfport Parent, and Class 4B General Unsecured Claims against Gulfport Subsidiaries, which shall only apply pursuant to the Gulfport Subsidiary Debtors). All of the potential Classes for the Debtors are set forth herein. Voting tabulations for recording acceptances or rejections of the Prepackaged Plan shall be conducted on a Debtor-by-Debtor basis is as set forth above. follows: Class 1 Other Secured Claims Unimpaired Not Entitled to Vote No (Presumed to Acceptaccept) Class 2 Other Priority Claims Unimpaired Not Entitled to Vote No (Presumed to Acceptaccept) Class 3 RBL Claims Impaired Entitled to Vote Class 4A General Unsecured Claims Against Gulfport Parent (including Notes Claims against Gulfport Parent) Impaired Entitled to Vote Class 4B General Unsecured Claims Against Gulfport Subsidiaries Impaired Entitled to Vote Class 5 Intercompany Prepetition MDA Loan Claims Unimpaired / Impaired Not Entitled to Vote No (Presumed to Accept or Deemed to Rejectaccept) Class 6 Intercompany Interests Unimpaired / Impaired Not Entitled to Vote (Presumed to Accept or Deemed to Reject) Class 7 Existing Interests in Gulfport Parent Impaired Not Entitled to Vote (Deemed to Reject) Class 8 Section 510(b) 4 Prepetition Term Loans Claims Impaired Not Entitled to Vote (Deemed to Reject)Yes
Appears in 1 contract
Classification of Claims and Interests. This Plan constitutes a separate Plan proposed by each Debtor. Except for the Claims addressed in Article II hereofof the Plan, all Claims and Interests are classified in the Classes set forth below in accordance with sections section 1122 and 1123(a)(1) of the Bankruptcy Code. A Claim or an Interest, or any portion thereof, Interest is classified in a particular Class only to the extent that any portion of such the Claim or Interest fits qualifies within the description of that Class and is classified in other Classes to the extent that any portion of the Claim or Interest fits qualifies within the description of such other Classes. A Claim or an Interest also is classified in a particular Class for the purpose of receiving distributions under the Plan only to the extent that such Claim or Interest is an Allowed Claim or Allowed Interest in that Class and has not been paid, released, or otherwise satisfied prior to the Effective Date. The Plan constitutes a separate Plan for each of the Debtors, and following chart represents the classification of Claims and Interests set forth herein shall apply separately to for each of the Debtors (except for Class 4A General Unsecured Claims against Gulfport Parent, and Class 7 Existing Interests in Gulfport Parent, which shall only apply to Debtor Gulfport Parent, and Class 4B General Unsecured Claims against Gulfport Subsidiaries, which shall only apply pursuant to the Gulfport Subsidiary Debtors). All of the potential Classes for the Debtors are set forth herein. Voting tabulations for recording acceptances or rejections of the Plan shall be conducted on a Debtor-by-Debtor basis as set forth above. Class Plan: 1 Other Secured Claims Unimpaired Not Entitled to Vote (Presumed to Accept) Class 2 Other Priority Claims Unimpaired Not Entitled to Vote (Presumed to Accept) Class 3 RBL 6 General Unsecured Claims Impaired Unimpaired Not Entitled to Vote Class 4A General Unsecured Claims Against Gulfport Parent (including Notes Claims against Gulfport ParentPresumed to Accept) Impaired Entitled to Vote Class 4B General Unsecured Claims Against Gulfport Subsidiaries Impaired Entitled to Vote Class 5 7 Debtor Intercompany Claims Unimpaired / Impaired Not Entitled to Vote (Presumed to Accept or Deemed to Reject) Class 6 8 Non-Debtor Intercompany Interests Claims Unimpaired / Impaired Not Entitled to Vote (Presumed to Accept or Deemed to Reject) Class 7 Existing 10 Quorum Interests in Gulfport Parent Impaired Not Entitled to Vote (Deemed to Reject) Class 8 Section 510(b) Claims Impaired Not Entitled to Vote (Deemed to Reject)
Appears in 1 contract
Sources: Restructuring Support Agreement (Quorum Health Corp)