Allowed Unsecured Claim means all or that portion of an Unsecured Claim which is an Allowed Claim.
Allowed Unsecured Claim means any Allowed Claim which is not an Administrative Claim, a Secured Claim, a Tax Claim, a Priority Claim, or an Insider Claim.
Allowed Unsecured Claim means an Allowed Claim, or that portion thereof, which is not entitled to priority or to secured status under the Code, and includes, but is not limited to, any claim arising as a result of a Debtor's execution of a guaranty agreement, promissory note, negotiable instrument, or other similar written instrument, whether as maker, endorser, guarantor, or otherwise.
Examples of Allowed Unsecured Claim in a sentence
Each holder of an Allowed Unsecured Claim shall receive, in exchange for and in full and final satisfaction of such Claim, including any post-petition interest at the annual rate of six (6) % per annum, a Pro Rata Share of the Unsecured Creditor Contribution, net of Plan Expenses.
To the extent a Disputed Unsecured Claim ultimately becomes an Allowed Unsecured Claim in an amount less than the Disputed Unsecured Claim Amount reserved for such Disputed Unsecured Claim, then the resulting surplus of cash shall be distributed among the holders of Allowed Unsecured Claims until such time as each holder of an Allowed Claim has been paid the Allowed amount of its Unsecured Claim.
More Definitions of Allowed Unsecured Claim
Allowed Unsecured Claim means all or that portion of any Unsecured Claim that is or has become an Allowed Claim, including any Tax Claim that is not a Priority Tax Claim.
Allowed Unsecured Claim means an Allowed Claim that is not an
Allowed Unsecured Claim means an Allowed Claim which arose or which is deemed to have arisen prior to the filing of the Petition commencing this Case and as to which the Claimant has not asserted, or as to whom it is determined by Final Order does not hold, a valid, perfected and enforceable lien, security interest, or other interest in or encumbrance against property of the Debtor or a right of setoff to secure the payment of such Claim, but excluding unsecured Claims that may previously have been paid in the Case pursuant to agreements approved by the Bankruptcy Court.
Allowed Unsecured Claim means an allowed claim against NACIO which is not an allowed priority claim or an allowed secured claim.
Allowed Unsecured Claim means an Unsecured Claim that has been Allowed (but only to the extent Allowed).
Allowed Unsecured Claim means an Unsecured Claim that is or has become an Allowed Claim.