Accepting Class

A class of creditors that has voted to accept a plan. A class of creditors has accepted a plan if, with respect to those creditors that voted, creditors that hold at least two-thirds in amount and more than one-half in number of the allowed claims of that class vote to accept the plan.

Bankruptcy Code ยง 1126. See also Class, One-Impaired-Class-Must-Accept-The-Plan Rule.

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