unimpaired class

unimpaired class
USA
unimpaired, Also known as unimpaired class.
A class of creditors whose legal, equitable or contractual rights are not modified in any way by a plan of reorganization, under which they are paid in full. Unimpaired classes are not entitled to vote on the plan and are deemed to automatically accept it.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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