Common use of Other Priority Clause in Contracts

Other Priority. Claims The allowed other priority claims of the Debtor shall be unimpaired. Except to the extent that a holder of an allowed other priority claim and the Debtor agree to less favorable treatment to such holder, each holder of an allowed other priority claim shall be paid in full in cash on the later of the initial distribution date under the Plan, the date such other priority claim is allowed and the date such allowed other priority claim becomes due and payable, or as soon thereafter as is practicable; provided, however, that other priority claims that arise in the ordinary course of the Debtor’s business and which are not due and payable on or before the Plan Effective Date shall be paid in the ordinary course of business in accordance with the terms thereof.

Other Priority. Claims The allowed other priority claims of the Debtor shall be unimpaired. Except to the extent that a holder of an allowed other priority claim and the Debtor Debtors agree to less favorable treatment a different treatment, which shall be reasonably satisfactory to such holderthe Significant Equityholders, each holder of an allowed other priority claim shall be paid receive, in full and final satisfaction of such claim, payment in full in cash in an amount equal to such allowed other priority claim plus Post-Petition Interest on or as soon as practicable after the later of the initial distribution date under the Plan, First Amended Plan and the date when such other priority claim is allowed and the date such becomes an allowed other priority claim becomes due and payableclaim, or as soon thereafter as is practicable; provided, however, that other priority claims that arise in the Debtors’ ordinary course of the Debtor’s business and which are not due and payable on or before the Plan Effective Date shall be paid in the ordinary course of business in accordance with the terms thereof.