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

• General Unsecured Creditors: Claims in this class are paid from funds available after payment to all other classes.

• Unless Class 9 of the Plan provides a dividend to holders of General Unsecured Claims equal to 100% of allowed claims, the Plan shall produce a total sum for distribution to General Unsecured Creditors (the “Unsecured Base Amount”).

• Class 5 Claims are comprised of the Allowed Claims of General Unsecured Creditors.

• 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.

• Each Obligee Debtor that holds an Intercompany Claim against an Obligor Debtor shall receive, in full satisfaction of such Intercompany Claim, an interest-free note from the Obligor Debtor in a principal amount equal to a percentage of the total amount of such Intercompany Claim, which percentage shall be equal to the percentage recovery of the Holders of General Unsecured Creditors against such Obligor Debtor.

More Definitions of General Unsecured Creditors

General Unsecured Creditors. Fund” means the funds in the Debtors’ Estates on

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 7 creditors of the Debtor (save and except Administrative claims; Priority claims; Related Party claims; claims purchased for voting purposes; Chapter 44A lien claims; 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 who have elected to abandon their Chapter 44A lien claims and be paid as a Class 7 general unsecured claim.

General Unsecured Creditors means all allowed claims held by creditors of the Debtor, other than Secured Claims or Priority Claims, and shall include claims of secured creditors to the extent that the same are unsecured in part and claims arising out of the rejection of executory contracts or unexpired leases.

General Unsecured Creditors. Shares” means 5% of the total number of shares of New

General Unsecured Creditors means creditors of any of the Debtors with respect to their pre-petition unsecured non-Priority

General Unsecured Creditors means Unsecured Creditors holding a Class 6 General Unsecured Claim pursuant to the Reorganization Plan.