Subordinated Unsecured Claim definition

Subordinated Unsecured Claim means any Section 510(b) Claim or other Claim subordinated by Order of the Bankruptcy Code pursuant to § 510(c) of the Bankruptcy Code or otherwise.
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Subordinated Unsecured Claim means (A) a Claim or portion thereof for any Non-Compensatory Damages; (B) a Claim or portion thereof that is subject to subordination under (i) Section 510(b) of the Bankruptcy Code, including, without limitation, any Claim that arises from the rescission of a purchase or sale of a Security of the Debtor or for damages arising from the purchase or sale of such a Security, or for reimbursement, indemnification, or contribution allowed under Section 502 of the Bankruptcy Code on account of such Claim, (ii) Section 510(c) of the Bankruptcy Code or (iii) Section 509 of the Bankruptcy Code; or (C) the Class 4.4 Claims of Honeywell to the extent Section 3.11(b) is satisfied.
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Subordinated Unsecured Claim means any Claim arising under the SubordinatedNotes.
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Examples of Subordinated Unsecured Claim in a sentence

  • Each Holder of an Allowed Class 15 Subordinated Unsecured Claim shall receive, in full and final satisfaction of such Holder’s Allowed Class 15 Subordinated Unsecured Claim, such Holder’s Pro Rata Share of the Collection Difference from any cash remaining in the Estates after satisfaction in full of all allowed claims in Classes 1 through 14.

  • First, the holder of the Romanov Subordinated Unsecured Claim, shall receive the next $500,000 in cash distributions, before payment of any further cash distributions to holders of Allowed ACP General Unsecured Claims; b.

  • The situation changed with law no.241/90, which made it possible for citizens having the subjective right and legitimate interest to access the information.

  • Each holder of an Allowed Subordinated Unsecured Claim in LBHI Class 5 is deemed to have rejected the Plan and is not entitled to vote to accept or reject the Plan.

  • A Claim against Debtor that is not a Secured Claim, Administrative Claim, Priority Tax Claim, Priority Claim, Subordinated Unsecured Claim or Securities Fraud Claim, but including, without limitation, Claims arising from the rejection of an unexpired lease or executory contract pursuant to Section 7.3 of the Plan.

  • Class 8 – Allowed Secured Claim of Misty Thornton & Associates Class 8 shall consist of the Allowed Subordinated Unsecured Claim of Misty Thornton & Associates, in the estimated amount of $6,000.00.

  • General Unsecured Claims include any Claim other than an Administrative Expense Claim, a Priority Tax Claim, a Priority Non-Tax Claim, a Secured Claim, a Senior Unsecured Claim, a Subordinated Unsecured Claim, an Intercompany Claim, a Third-Party Guarantee Claim and a Section 510(b) Claim.

  • Holders of Allowed Subordinated Unsecured Claims against LBHI shall not receive any Distributions on account of such Subordinated Unsecured Claims unless and until all holders of Allowed Senior Unsecured Claims are fully satisfied in the Allowed amount of such Senior Unsecured Claims, in which case each holder of an Allowed Subordinated Unsecured Claim shall receive its Pro Rata Share of Available Cash from LBHI.

  • Each holder of an Allowed Subordinated Unsecured Claim in Class 5 is not entitled to vote to accept or reject the Plan and is conclusively deemed to have rejected the Plan.

  • Following cash distributions to holders of all Allowed ACP General Unsecured Claims in the amount of 70% of such Allowed ACP General Unsecured Claims, the holder of the Romanov Subordinated Unsecured Claim will participate in subsequent Cash Distributions, if any, as follows:a.


More Definitions of Subordinated Unsecured Claim

Subordinated Unsecured Claim means the FieldTurf Subordinated Claim and any other Unsecured Claim (other than an Affiliate Unsecured Claim) that is subordinated to the General Unsecured Claims by order of the Bankruptcy Court pursuant to Section 510 of the Bankruptcy Code.
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Subordinated Unsecured Claim means any Claim that has been subordinated in priority and right to payment of General Unsecured Claims and includes, without limitation, any Claim for any fine, penalty, or forfeiture or for exemplary or punitive damages, arising before the Petition Date, to the extent that such fine, penalty, forfeiture, or damages are not compensation for actual pecuniary loss suffered by the holder of such Claim.
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Related to Subordinated Unsecured Claim

  • Allowed Unsecured Claim means all or that portion of an Unsecured Claim which is an Allowed Claim.

  • Unsecured Claim means a Claim that is not an Administrative Claim, a Priority Tax Claim, a Priority Claim, or a Secured Claim.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • General Unsecured Claim means any Claim that is not a/an: Administrative Claim; DIP Facility Claim; Professional Fee Claim; Priority Tax Claim; Secured Tax Claim; Other Priority Claim; Other Secured Claim; Intercompany Claim; Prepetition Debt Claim; or 510(b) Equity Claim.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • 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.

  • Subordinated Claims shall have the meaning set forth in Section 3.6(c)(i) hereof.

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Subordinated Unit means a Limited Partner Interest having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit. A Subordinated Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • Senior Notes Claim means any Claim on account of the Senior Notes. For the avoidance of doubt, each Senior Notes Claim shall be deemed Allowed as of the Effective Date in an amount equal to (i) the principal amount outstanding under the applicable Senior Notes on the Petition Date, including without limitation any accrued interest and fees paid (or payable) in kind through such date, and (ii) all interest accrued and unpaid as of the Petition Date.

  • Allowed Secured Claim means an Allowed Claim secured by a Lien, security interest, or other charge against or interest in property in which the Debtor has an interest or that is subject to setoff under Section 553 of the Bankruptcy Code, to the extent of the value (as specified in the Plan, or if no value is specified, as determined in accordance with Section 506(a) of the Bankruptcy Code) of the interest of a holder of such Allowed Claim in the Debtor's interest in such property or to the extent of the amount subject to such setoff, as the case may be.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • DIP Claim means a Claim held by the DIP Lenders or the DIP Agent arising under or relating to the DIP Credit Agreement or the DIP Order, including any and all fees, interests paid in kind, and accrued but unpaid interest and fees arising under the DIP Credit Agreement, but, for the avoidance of doubt, excluding the First Lien Adequate Protection Claims.

  • Securities Claim means any Claim, whether or not the subject of an existing lawsuit, arising from the rescission of a purchase or sale of a debtor security, for damages arising from the purchase or sale of any such security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of any such Claim.

  • Final Subordinated Units has the meaning assigned to such term in Section 6.1(d)(x).

  • Preferred claim means a claim with respect to which the terms of this chapter accord priority of payment from the general assets of the insurer.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Allowed Claim means an Allowed Claim of the type described.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Class Debt has the meaning assigned to such term in Section 8.09.

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.