Allowed Unsecured Claim definition

Allowed Unsecured Claim means all or that portion of an Unsecured Claim which is an Allowed Claim.
Allowed Unsecured Claim means any Allowed Claim which is not an Administrative Claim, a Secured Claim, a Tax Claim, a Priority Claim, or an Insider Claim.
Allowed Unsecured Claim means an Unsecured Claim that is an Allowed Claim.

Examples of Allowed Unsecured Claim in a sentence

  • At any time following the date on which the Liquidating Trust determines, in its sole discretion, that a holder of an Allowed Unsecured Claim complies in full with the requirements of Section 4.5(a), but in any event, as soon as practicable following the beginning of the fiscal quarter next following such date, the Liquidating Trust shall distribute to such holder the Units and any distributions thereon to which such holder is entitled.

  • Except to the extent the holder of an Allowed Unsecured Claim agrees otherwise, each holder of an Allowed Unsecured Claim shall be paid the full amount of the Claim, in Cash, including interest at the Legal Rate as provided in the Plan, as soon as practicable after the later of (i) thirty (30) days after the Effective Date, or (ii) the date on which such Claim becomes an Allowed Claim.

  • General Unsecured Claims (collectively, the “Allowed Unsecured Claims”), to each holder based on the amount of its Allowed Unsecured Claim as a percentage of the aggregate amount of all Allowed Unsecured Claims.

  • In addition to the uncertainty regarding any distribution to the Allowed Unsecured Claim, the amount you are eligible to receive may change depending on the participation of other members of the Settlement Class and the District Court’s approval of the Settlement.

  • C1 Unsecured Claims Except to the extent that a Holder of an Allowed Unsecured Claim against ▇▇▇▇▇▇▇ Subsidiaries agrees to less favorable treatment of its Allowed Claim, in full and final satisfaction, settlement, release, and discharge of and in exchange for each Unsecured Claim against ▇▇▇▇▇▇▇ Subsidiaries, each Holder of an Allowed Unsecured Claim against ▇▇▇▇▇▇▇ Subsidiaries shall receive its Pro Rata share of the ▇▇▇▇▇▇▇ Unsecured Recovery.


More Definitions of Allowed Unsecured Claim

Allowed Unsecured Claim means an Allowed Claim, or that portion thereof, which is not entitled to priority or to secured status under the Code, and includes, but is not limited to, any claim arising as a result of a Debtor's execution of a guaranty agreement, promissory note, negotiable instrument, or other similar written instrument, whether as maker, endorser, guarantor, or otherwise.
Allowed Unsecured Claim means an Unsecured Claim to the extent it is an Allowed Claim.
Allowed Unsecured Claim means an Allowed Claim that is not an
Allowed Unsecured Claim means an Allowed Claim which arose or which is deemed to have arisen prior to the filing of the Petition commencing this Case and as to which the Claimant has not asserted, or as to whom it is determined by Final Order does not hold, a valid, perfected and enforceable lien, security interest, or other interest in or encumbrance against property of the Debtor or a right of setoff to secure the payment of such Claim, but excluding unsecured Claims that may previously have been paid in the Case pursuant to agreements approved by the Bankruptcy Court.
Allowed Unsecured Claim means an Unsecured Claim that has been Allowed (but only to the extent Allowed).
Allowed Unsecured Claim means an allowed claim against NACIO which is not an allowed priority claim or an allowed secured claim.
Allowed Unsecured Claim means any Allowed Claim that is not an Allowed Secured