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

  • The Plan Shares issued to HFG and Class 4 General Unsecured Creditors are issued on account of their respective Allowed Claims, and satisfy the criteria of § 1145(a), and any recipient of any securities pursuant thereto is not an “underwriter” as defined in § 1145(b).

  • Class 6 shall consist of the Allowed Claims of General Unsecured Creditors, exclusive of the Bank Group deficiency claim.

  • 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 Reorganized Debtor will maintain its publicly traded character with respect to the 4.74383% of the Reorganized Debtor Stock held by the Estate's General Unsecured Creditors holding Allowed Claims thereby maintaining value for the Reorganized Debtor as a publicly held company and to ECHEX as the Reorganized Debtor's subsidiary.

  • In these Chapter 11 Cases, as more fully set forth below, the Bankruptcy Court has approved the formation of the Creditors' Committee, representing the collective interests of General Unsecured Creditors of the Debtors' Estates.


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 means all Class 9 creditors of the Debtor (save and except Administrative claims; Priority claims; Related Party claims; claims purchased for voting purposes; 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 or who have elected to abandon their Chapter 44A lien claims and be paid as a Class 9 general unsecured claim.
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 all general unsecured creditors of UPC other than holders of the UPC Notes or the Belmarken Notes and, to the extent applicable, any Litigation Claims (as defined below). All General Unsecured Creditors of UPC, other than "xxxxxx suppliers" and Critical Vendors permitted to be treated separately from other General Unsecured Creditors, at the date of the Moratorium that will be affected by the Moratorium will be offered the same proportionate consideration pursuant to Plan Option 1, Plan Option 2, the Akkoord Option and the Dutch Exchange Offer Option as if they held UPC Notes in the amount of their debt in full redemption of their claims once final adjudication by a competent court has been obtained; provided that the number of shares of New UPC Common Stock to be issued to and exchanged for the claims of General Unsecured Creditors shall be in addition to the Base Number of Shares. To the knowledge of UPC, all of the principal General Unsecured Creditors, as of the date of this Agreement, are identified on Schedule 3 of the Disclosure Letter.
General Unsecured Creditors means holders of General Unsecured Claims.
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.