General Unsecured Claims Distribution definition

General Unsecured Claims Distribution means $400,000 in Cash, less the reasonable out of pocket expenses of the GUC Administrator, including, without limitation, the fees and expenses of the GUC Administrator’s counsel.
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General Unsecured Claims Distribution means Cash in an amount equal to $10,250,000.
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General Unsecured Claims Distribution means $100,000 in Cash, less the reasonable out of pocket expenses of the GUC Administrator, including, without limitation, the fees and expenses of the GUC Administrator’s counsel.
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Examples of General Unsecured Claims Distribution in a sentence

  • Except to the extent that a Holder of an Allowed Other General Unsecured Claim agrees to less favorable treatment, in exchange for full and final satisfaction, settlement, release and discharge of each Allowed Other General Unsecured Claim, each Holder of an Allowed Other General Unsecured Claim shall receive their Pro Rata share of the Other General Unsecured Claims Distribution.

  • Except to the extent that a Holder of an Other General Unsecured Claim agrees to a less favorable treatment for such Holder, in exchange for full and final satisfaction, settlement, release and discharge of each Other General Unsecured Claim, each Holder of an Other General Unsecured Claim shall receive its Pro Rata share of the Other General Unsecured Claims Distribution.

  • The General Unsecured Claims Distribution Escrow Account may be an interest-bearing account.

  • On, or as soon as reasonably practicable after the Effective Date, each Holder of an Allowed General Unsecured Claim (other than the Secured Lenders) in Class 4B shall receive the lesser of (i) its Pro Rata Share of the General Unsecured Claims Distribution, or (ii) Cash in the amount of twenty percent (20%) of the Allowed amount of its General Unsecured Claim.

  • On, or as soon as reasonably practicable after the Effective Date, each Holder of an Allowed General Unsecured Claim (other than the Secured Lenders) in Class 4A shall receive the lesser of (i) its Pro Rata Share of the General Unsecured Claims Distribution, or (ii) Cash in the amount of twenty percent (20%) of the Allowed amount of its General Unsecured Claim.


More Definitions of General Unsecured Claims Distribution

General Unsecured Claims Distribution means Cash in the aggregate amount of $250,000.
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General Unsecured Claims Distribution means Cash in the amount of
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General Unsecured Claims Distribution means as set forth in Article 2 hereto.
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General Unsecured Claims Distribution means, provided that, Class 5 (General Unsecured Claims) votes to accept the Plan, the distribution to Holders of Allowed General Unsecured Claims consisting of Cash in the amount of $1.1 million, which shall be funded solely from the distributions otherwise payable, or otherwise directly or indirectly available, under the Plan to Holders of Allowed Class A Notes Claims. For the avoidance of doubt, if Class 5 (General Unsecured Claims) does not vote to Accept the Plan, Class 5 shall receive no distribution under the Plan.
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General Unsecured Claims Distribution means $200,000, payable to Holders of Allowed General Unsecured Claims in Class 6B.
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General Unsecured Claims Distribution means Cash in the amount of $1,701,500.
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General Unsecured Claims Distribution means Cash in the amount of $1,000,000.
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