GUC Claims definition

GUC Claims means (i) Allowed Class 7-A Claims and Class 7-C Claims (except the Senior/Bridge Guarantee Claims), (ii) Allowed Class 7-D Claims (except the Senior/Bridge Deficiency Claims), and (iii) subject to the satisfaction of the 2015 Notes Plan Conditions, holders of Allowed Class 8 Claims.

GUC Claims means any and all unsecured claims against the Company including, but not limited to, claims arising under the Unsecured Notes and any deficiency claims.

GUC Claims means any Unsecured Claim that is not a Connect Senior Notes Claim, Convertible Senior Notes Claim, Lux Senior Notes Claim, or Jackson Senior Notes Claim.

Examples of GUC Claims in a sentence

• Class 5 — Lease GUC Claims is Impaired and entitled to vote on the Plan.

• The Holders of Claims in Classes 2 (Prepetition Secured Claims) and 4 (Class 4 GUC Claims are Impaired and both Classes have voted to accept the Plan, determined without including any acceptance of the Plan by an insider.

• GUC Claims and the Holders of Disputed Class C-5 UPC GUC Claims) will be required to report for tax purposes consistently with the foregoing.

• As set forth in the Plan, Holders of Claims and Interests in Class 2 (Prepetition Secured Claims) and Class 4 (GUC Claims) (the “ Voting Classes”) for each of the Debtors were eligible to vote on the Plan pursuant to the Solicitation and Voting Procedures.

• J2 GUC Claims On the Effective Date, each holder of an Allowed GUC Claim shall receive its pro rata share of the S.A. GUC Recovery.

• This Agreement is intended to bind and inure to the benefit of the Parties and their respective successors, permitted assigns, heirs, executors, administrators, and representatives; provided, however, that nothing contained in this Section 16 shall be deemed to permit Transfers of interests in the First Lien Claims, Second Lien Notes Claims, Third Lien Notes Claims, and/or GUC Claims other than in accordance with the express terms of this Agreement.

• Distributions to Holders of Allowed UDC GUC Claims and Allowed Other GUC Claims shall be funded from Cash on hand available on the applicable distribution date.

• Interests shall be distributed Pro Rata to Holders of Allowed Class C-4 UPC Subordinated Notes Claims and Allowed Class C-5 UPC GUC Claims on the first Quarterly Distribution Date following the resolution of such Disputed Class C-5 UPC GUC Claim.

• For the avoidance of doubt, holders of Class 5 — Lease GUC Claims shall share, on a pro rata basis, in the distribution of any Additional GUC Distribution.

• Interests in an amount equal to (i) the UPC Equity Allocation times (ii)(a) the total UPC GUC Claims divided by (b)(1) the total Subordinated Notes Claims against UPC plus (2) the total UPC GUC Claims.

More Definitions of GUC Claims

GUC Claims means 2019 Credit Agreement Claims, Grid Note Claims and General Unsecured Claims, collectively, as such Claims are described in the Plan.

GUC Claims means the "Claims" under Class 5 described in the Reorganization Plan which are "Allowed Claims" (as those terms are defined in the Reorganization Plan) pursuant to the Reorganization Plan.

GUC Claims means any Unsecured Claim that is not (a) an Unsecured Notes Claim, (b) a Raider Marketing Claim, (c) a 1.75 Lien Term Loan Deficiency Claim, or (d) a Second Lien Term Loan Deficiency Claim.