General Unsecured Creditor definition

General Unsecured Creditor means the Holder of a General Unsecured Claim.
General Unsecured Creditor means the holder of a General Unsecured Claim in respect of and to the extent of such General Unsecured Claim;
General Unsecured Creditor means a Creditor with a General Unsecured Claim.

Examples of General Unsecured Creditor in a sentence

  • If the undersigned does not deliver a valid Distribution Election Notice prior to the Distribution Election Deadline, or this Distribution Election Notice does not indicate a Distribution Election, or more than one Distribution Election is recorded, the undersigned will be deemed to have made the 75% Distribution Election and shall be required to attend at the Creditors’ Meeting of the General Unsecured Creditor Class to cast its vote on the CCAA Plan.

  • Thereafter such transferee shall, for all purposes in accordance with the Claims Process Order, the Creditors’ Meeting Order, the CCAA and this Plan, constitute a General Unsecured Creditor and shall be bound by any notices given or steps taken in respect of such Claim in accordance with the Creditors’ Meeting Order and any further Orders.

  • General Unsecured Creditors with Accepted Claims as of the Initial Distribution Date, other than those General Unsecured Creditors who have made the Installment Distribution Election, shall receive distributions from the General Unsecured Creditor Cash Fund in accordance with Section 5.2 of this Plan.

  • The Liquidation Trustee shall maintain a register of the holders of General Unsecured Creditor Interests and shall adjust, without further order of the Bankruptcy Court, the register from time to time as General Unsecured Claims that are Disputed Claims become Allowed.

  • If a Disputed General Unsecured Creditor Claim is finally determined to be an Accepted Claim (in whole or in part), the holder of such Accepted Claim shall be deemed to have made the 75% Distribution Election hereunder, and shall be paid the amount to which it is entitled under this Plan by Coalspur rather than by the Monitor out of the General Unsecured Creditor Cash Fund.


More Definitions of General Unsecured Creditor

General Unsecured Creditor means any holder of a General Unsecured
General Unsecured Creditor means a holder of an Allowed Claim.
General Unsecured Creditor means every creditor other than holders of Administrative Claims, Priority Claims, Priority Tax Claims, Archdiocese of Milwaukee Priests’ Retiree Medical Plan Claims, Archdiocese of Milwaukee Priests’ Pension Plan Claims, Archdiocesan Cemeteries of Milwaukee Union Employees’ Pension Plan Claims, Archdiocese of Milwaukee Lay Employees’ Pension Plan Claims, Perpetual Care Claims, Abuse Survivor Claims, Charitable Gift Annuity Claims, or Penalty Claims.
General Unsecured Creditor means any Creditor holding an Allowed General Unsecured Claim.
General Unsecured Creditor means the holder of a non-contingent
General Unsecured Creditor means the holder of an Allowed General
General Unsecured Creditor means any Creditor that holds a General Unsecured Claim.