General Unsecured Claims definition

General Unsecured Claims means any unsecured claim (other than an Administrative Claim, a Priority Tax Claim, an Other Priority Claim, a Prepetition Term Loan Claim, or an Intercompany Claim) against one or more of the Debtors including (a) Claims arising from the rejection of Unexpired Leases and Executory Contracts to which a Debtor is a party, and (b) Claims arising from any litigation or other court, administrative or regulatory proceeding, including damages or judgments entered against, or settlement amounts owing by a Debtor related thereto.
General Unsecured Claims means any Unsecured Claim against any Debtor, unless such Claim is: (a) a 2009 Notes Claim, (b) a 2016 Notes Claim, (c) a 2026 Notes Claim, (d) a Diacetyl Claim, (e) an Environmental Claim, (f) a Prepetition Unsecured Lender Claim, (g) an Unsecured Convenience Claim, (h) an Intercompany Claim (i) an Administrative Claim, (j) a Priority Tax Claim, (k) an Other Priority Claim, (l) a Claim Accrued for Professional Compensation or (m) the portion of any Insured Claim that is not an Insured Deficiency Claim.
General Unsecured Claims means any Claim that is not Secured and is not: (a) an Administrative Claim; (b) a Priority Tax Claim; (c) an Other Priority Claim; (d) a Subordinated Claim; or (e) an Intercompany Claim.

Examples of General Unsecured Claims in a sentence

  • For these purposes, also assume that 83.5% of the New Securities are allocated pro rata to Holders of Allowed Credit Agreement Claims and 16.5% are allocated pro rata to Holders of Allowed Senior Notes Claims and Allowed General Unsecured Claims.

  • Media and Foreign Ownership Procedures for Holders of Credit Agreement Claims, Senior Notes Claims, and General Unsecured Claims You have received this Notice because you are listed as a Holder of a Credit Agreement Claim, Senior Notes Claim, or General Unsecured Claim as of March 8, 2018 (the “Certification Mailing Record Date”).

  • Any Holder of General Unsecured Claims that does not timely provide the relevant Certification shall receive Special Warrants only on the Effective Date, in each case subject to the terms and conditions of the Plan and the Equity Allocation Mechanism.

  • Any Person who acquires a General Unsecured Claim after the Certification Deadline, and has not previously submitted a Certification with respect to General Unsecured Claims to the Certification Agent as set forth herein, shall receive Special Warrants only on the Effective Date, in each case subject to the terms and conditions of the Plan and the Equity Allocation Mechanism.

  • The Prospective Debtors expect that certain General Unsecured Claims will be paid during their Chapter 11 Cases pursuant to various “first day orders”, reducing the amount outstanding as of the Effective Date.


More Definitions of General Unsecured Claims

General Unsecured Claims means Claims against any Debtor that are not Secured Claims, Administrative Claims, Priority Claims, Professional Compensation Claims, Intercompany Claims, or Equity Interests.
General Unsecured Claims means any: (a) Subordinated Notes Claim; (b) Senior Credit Deficiency Claim; and (c) unsecured Claim against any of the Debtors that is not an Administrative Claim, a Priority Tax Claim, a Priority Non-Tax Claim, an Other Secured Claim, a Section 510(b) Claim, a Fee Claim or an Intercompany Claim.
General Unsecured Claims means, collectively, the Subsidiary General Unsecured Claims and the Cobalt General Unsecured Claims.
General Unsecured Claims means any Claim that is neither Secured nor entitled to priority under the Bankruptcy Code or any order of the Bankruptcy Court, including any Claim arising from the rejection of an Executory Contract or Unexpired Lease under section 365 of the Bankruptcy Code and all claims that are not (a) Administrative Claims, (b) DIP Facility Claims, (c) Priority Tax Claims, (d) Other Priority Claims, (e) Other Secured Claims,(f) First Lien Loan Claims, (g) Qualified Unsecured Trade Claims, (h) Section 510(b) Claims, or (i) Intercompany Claims. For the avoidance of doubt, the General Unsecured Claims shall include any deficiency Claims arising from Holders of Other Secured Claims.
General Unsecured Claims means any Claim against a Debtor other than an Administrative Claim, a Tax Claim, a Priority Claim, a Secured Claim, an Intercompany Claim or a Note Claim.