Allowed Unsecured Claims definition
Examples of Allowed Unsecured Claims in a sentence
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.
Allowed Unsecured Claims held by subsidiaries of USEC shall be reinstated and otherwise not impaired, unless otherwise agreed by the holder of each such Claim.
For the purposes of determining the number of Units to which a holder of Allowed Unsecured Claims is entitled, all Allowed Unsecured Claims of such holder shall be aggregated.
Each holder of an Allowed Interest shall receive its pro rata share of all Cash remaining after payment in full (including interest where applicable) of all Allowed Administrative Claims, Allowed Tax Claims, Allowed Priority Claims, Allowed Unsecured Claims, Late Filed Unsecured Claims (if any), the establishment of the Claim Reserve Account and the Plan Fund.
On or as soon as reasonably practicable after the Effective Date or when such obligation becomes due according to its terms, whichever is later, in exchange for their Allowed Unsecured Claims against USEC, each of the holders thereof shall be paid in full, in cash, or otherwise not impaired consistent with section 1124 of the Bankruptcy Code.
Page 4 distributed in accordance with the Plan to the holders of Allowed Unsecured Claims as of the Effective Date.
The Rights delivered in connection with sub-part-(i) of the previous sentence will be based on the aggregate amount of Allowed Unsecured Claims held by Eligible Holders as of the Rights Expiration Date (the “Updated Allowed Amount”).
Unsecured Claims of Creditors of ERLY; Class 10 --- All Allowed Unsecured Claims of Debenture Holders under that certain $8,880,000 Indenture dated as of February 1, 1993 between ERLY Industries, Inc.
Notwithstanding such entitlement, all Senior Notes issued by the Reorganized Debtor to holders of Allowed Unsecured Claims pursuant to the Plan will be issued and distributed only in denominations of $1,000.
In addition to the shares described in (i) and (ii) above, the Purchasers shall purchase an additional number of shares of Holdings Common Stock equal to the aggregate number of shares that the holders of Eligible Allowed Unsecured Claims whose claims were satisfied pursuant to the Cash Election would have received if they had not elected the Cash Election.