Unsecured Creditors definition

Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and
Unsecured Creditors means all Creditors with Concurrent Claims against the Company;
Unsecured Creditors. Committee” means the official creditors’ committee representing general unsecured creditors, which was appointed pursuant to Section 1102(a) of the Bankruptcy Code by the United States Trustee for the District of Delaware on October 23, 2000 and which includes the unofficial sub-committee representing the Bank Holders and the unofficial sub-committee representing the Bondholders and trade creditors, each of which sub-committees is represented by separate counsel and financial advisors.

Examples of Unsecured Creditors in a sentence

  • With regard to the copies of this Application served on counsel for the Official Committee of Unsecured Creditors (the "Committee"), the Debtor and the Office of the United States Trustee, attached as Exhibit 1 hereto is the name of each professional who performed services in connection with this case during the Application Period and the hourly rate for each such professional; and attached as Exhibit 2 is an Account Summary.

  • Official Committee of Unsecured Creditors, 780 F.3d 731, 737 (7th Cir.

  • The effect of the proposed clauses would be that SARS is granted a preference above all other Unsecured Creditors in respect of certain pre-business rescue Claims.

  • This does not apply to the payment arrangement agreed to in relation to SASA nor to the R75m to be made available to Unsecured Creditors.

  • Since there are Nil Secured and Unsecured Creditors in Applicant Company No. 1/Transferor Company.


More Definitions of Unsecured Creditors

Unsecured Creditors. Committee” shall mean the Official Committee of Unsecured Creditors appointed by the United States Trustee in the Chapter 11 Cases pursuant to Bankruptcy Code § 1102.
Unsecured Creditors. Fund" means a fund created for the benefit of Unsecured Creditors in the amount of $200,000.
Unsecured Creditors. Meeting" means any meeting of the Unsecured Creditors of Eagle Energy called for the purpose of considering and voting upon this Proposal.
Unsecured Creditors. Meeting Date" means such date and time as may be called by the Proposal Trustee, but in any event shall be no later than June 15, 2020.
Unsecured Creditors means the holders of General Unsecured Claims as defined in the Plan.
Unsecured Creditors. Committee” means the Official Committee of Unsecured Creditors appointed by order of the Bankruptcy Court dated June 17, 2011 [Docket No. 104], as subsequently amended, in the Chapter 11 Cases pursuant to Bankruptcy Code § 1102.
Unsecured Creditors means Creditors holding Allowed Unsecured Claims