Common use of Impairment and Voting Clause in Contracts

Impairment and Voting. Class 6 Claims are impaired and the holders thereof are entitled to vote on this Plan. For voting purposes only, the BCFC Contribution Claim and the 7.95% Notes Guaranty Claim shall be deemed Allowed Claims against Bowater, each in the aggregate amount of $619,875,000.

Appears in 2 contracts

Sources: Backstop Commitment Agreement, Backstop Commitment Agreement (AbitibiBowater Inc.)

Impairment and Voting. Class 6 Claims are impaired and the (d) holders thereof are entitled to vote on this Plan. For voting purposes only, the BCFC Contribution Claim and the 7.95% Notes Guaranty Claim shall be deemed Allowed Claims against Bowater, each in the aggregate amount of $619,875,000.

Appears in 1 contract

Sources: Backstop Commitment Agreement