Affected Unsecured Creditor definition

Affected Unsecured Creditor means the holder of an Affected Unsecured Claim in respect of and to the extent of such Affected Unsecured Claim;
Affected Unsecured Creditor means a Creditor who has an Affected Unsecured Claim;

Examples of Affected Unsecured Creditor in a sentence

  • Nothing in the Plan or Sanction Order shall require the Monitor or the Participating CCAA Parties to attempt to locate any Affected Unsecured Creditor, Employee, Governmental Authority or Secured Creditor whose distribution is not cashed within the aforesaid period.

  • If an Affected Secured Creditor fails to take possession, it shall be deemed to participate as an Affected Unsecured Creditor.

  • With respect to Affected Secured Claims, the Plan provides that, absent a Court Order or an agreement in writing between the Company and the Affected Secured Creditor, the Affected Secured Creditor must take possession of the collateral by a certain deadline set out in the Plan (at a value agreed with the Company or as determined by the Court) and participate as an Affected Unsecured Creditor for the balance of the claim.

  • Pursuant to Section 4.8 of the Plan, once a Disputed Distribution Claim against LIM or SMI becomes a Distribution Claim, the applicable Affected Unsecured Creditor is to receive the consideration provided for under the Plan.

  • For purposes of voting at the Meetings, each Affected Unsecured Creditor of each class shall be entitled to one vote as a member of that class equal to the dollar value of its respective Voting Claim.


More Definitions of Affected Unsecured Creditor

Affected Unsecured Creditor means any Affected Creditor holding an Affected Unsecured Claim, including a Non-Filed Affiliate and a CCAA Party holding an Affected Unsecured Claim;
Affected Unsecured Creditor means any holder of an Affected Unsecured Claim, but only with respect to and to the extent of such Affected Unsecured Claim.
Affected Unsecured Creditor means any creditor that is the Holder of an Affected Unsecured Claim and may, if the context requires, mean an assignee of an Affected Unsecured Claim or a trustee, interim receiver, receiver manager, or other Person acting on behalf of such Person, if such assignee or other Person has been recognized by the affected Applicant, the Disbursing Agent or the Servicer, as the case may be;
Affected Unsecured Creditor means any Creditor with an Affected Unsecured Claim against the Applicants.
Affected Unsecured Creditor means any Creditor having an Affected Unsecured Claim.
Affected Unsecured Creditor means, for purposes of the CCAA Plan, any Holder of an Affected Unsecured Claim.
Affected Unsecured Creditor means a holder of an Affected Unsecured Claim;