GUC Claim definition
Examples of GUC Claim in a sentence
GUC Claim held by a Vested Retained Employee or a Vested Former Employee on account of vested severance obligations.
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.
In the event that the Bankruptcy Court estimates any GUC Claim or Junior Disputed Claim, the amount so estimated shall constitute either the allowed amount of such Claim or a maximum limitation on such Claim, as determined by the Bankruptcy Court.
Accept Except to the extent that a holder of an Allowed General Unsecured Claim against UDC (a “UDC GUC Claim”) agrees to less favorable treatment, each holder of a UDC GUC Claim will receive either: (i) payment in full of such Claim in the ordinary course of business or (ii) payment in full of such Claim in cash upon the later of (A) the Effective Date, (B) the date on which such UDC GUC Claim becomes an Allowed Claim, or (C) such other date as may be ordered by the Bankruptcy Court.
Except to the extent that a holder of an Allowed General Unsecured Claim against UPC (a “UPC GUC Claim”) agrees to less favorable treatment, each holder of a UPC GUC Claim will receive, in full and final satisfaction of such UPC GUC Claim, its Pro Rata share of the UPC GUC Equity Pool.
The Litigation Trustee may direct the Disbursing Agent to require any holder of a Non-RSA GUC Claim to complete the appropriate IRS Form W-8 or IRS Form W-9 as a prerequisite to receiving any distribution under the Plan.
Notwithstanding the foregoing, the Litigation Trustee shall have standing in the Chapter 11 Cases in respect of any Non-RSA GUC Claims and the Claims Reconciliation Process, including the right (but not the obligation) to object to Non-RSA GUC Claims and/or any proposed settlements by and between the Debtors and any holder of a Non-RSA GUC Claim, subject to prior notice to, and coordination with, counsel to the Debtors, which notice must be in writing (email being acceptable).