Definition of General Unsecured Claim Distribution


General Unsecured Claim Distribution means $1,470,000.
Sample 1

Examples of General Unsecured Claim Distribution in a sentence

On the Effective Date, or as soon thereafter as reasonably practicable, except to the extent that a holder of a Class 11 Allowed General Unsecured Claim agrees to a less favorable treatment with the consent of the Majority Plan Support Parties, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for such Class 11 Claim, each such holder shall receive its Pro Rata share of the General Unsecured Claim Distribution.