General Unsecured Creditors definition

General Unsecured Creditors means the Holders of the General Unsecured Claims.
General Unsecured Creditors means all general unsecured creditors of UPC Polska, other than holders of the UPC Polska Notes, the UPC Telecom Notes, the Belmarken Notes or the Affiliate Indebtedness, in their capacities as such.
General Unsecured Creditors means any and all of the unsecured creditors of the Debtors other than the Commitment Parties, including without limitation all holders, other than the Commitment Parties, of the Debtors’ outstanding unsecured bonds, and all holders of “Unsecured Claims” and “General Unsecured Claims” as defined in the Plan (defined below), and each of their predecessors and successors.

Examples of General Unsecured Creditors in a sentence

  • In the event such breaches are not cured within fifteen (15) days of such notice or such breaches are not curable, Employee’s cost of enforcement of this Agreement, including attorneys’ fees, will be borne by the Company; provided that it shall not be a default for the Company to pay Employee the same percentage recovery as other allowed General Unsecured Creditors under the Plan.

  • The entry of the Confirmation Order and the treatment accorded to General Unsecured Creditors pursuant to this Plan shall constitute a settlement pursuant to section 1123(b)(3) of all disputes relating to the Intercompany Claims and the allocation of value among the various Debtors.

  • The Monitor may, but shall not be obligated to, make any distribution to the General Unsecured Creditors before all Disputed Claims have been finally resolved for distribution purposes in accordance with the Claims Procedure Order or further Order of the Court in the CCAA Proceeding or the U.S. Court in the Chapter 15 Proceeding.

  • The claims of all General Unsecured Creditors shall be deemed to be impaired for purposes of the US Bankruptcy Code and the US Bankruptcy Rules and shall be entitled to vote upon the Plan.

  • This Agreement and the merger contemplated hereby anticipates that shareholders of Ponder Common Stock, incl▇▇▇▇▇ of those shares issued to Allowed General Unsecured Creditors, shall total 1,904,508 shares when converted to NEWCO stock prior to the Merger with N-Vision.


More Definitions of General Unsecured Creditors

General Unsecured Creditors. Pool” shall mean a $60,000.00 fund established by Tasacom for the payment of General Unsecured Claims on an annual basis which shall equal the sum of $30,000.00 per annum for two years.
General Unsecured Creditors. Fund” means the funds in the Debtors’ Estates on
General Unsecured Creditors means all Class 7 creditors of the Debtor (save and except Administrative claims; Priority claims; Related Party claims; claims purchased for voting purposes; Chapter 44A lien claims; and the disputed, unliquidated claims of Conan R. McClain) with allowed claims who hold no lien, security interest, or other encumbrance with respect to the property owned by the Debtor. General Unsecured Creditors shall also include those creditors whose collateral has been liquidated giving rise to a deficiency after the application of proceeds derived therefrom, and those claimants whose leases and/or executory contracts have either been avoided or rejected by the Debtor giving rise to a general unsecured claim. Also included are Chapter 44A claimants with liens on funds and/or real property directly or by subrogation who have elected to abandon their Chapter 44A lien claims and be paid as a Class 7 general unsecured claim.
General Unsecured Creditors means creditors of any of the Debtors with respect to their pre-petition unsecured non-Priority Claims against any of the Debtors or unsecured deficiency claims of holders of secured claims, but excluding any claims of the Bank Group, any of its members, successors or assigns, and any claims of ING.
General Unsecured Creditors means the unsecured creditors of the Debtors, excluding Manchester Securities.
General Unsecured Creditors means the holders of Allowed Class 3A and 3B Unsecured Claims as defined in the Plan.
General Unsecured Creditors means, collectively, those creditors designated as Class D in the Debtors’ First Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated March 28, 2007.