Subordinated Unsecured Claim definition

Subordinated Unsecured Claim means any Section 510(b) Claim or other Claim subordinated by Order of the Bankruptcy Code pursuant to § 510(c) of the Bankruptcy Code or otherwise.
Sample 1Sample 2Sample 3
Subordinated Unsecured Claim means any Claim that has been subordinated in priority and right to payment of General Unsecured Claims and includes, without limitation, any Claim for any fine, penalty, or forfeiture or for exemplary or punitive damages, arising before the Petition Date, to the extent that such fine, penalty, forfeiture, or damages are not compensation for actual pecuniary loss suffered by the holder of such Claim.
Sample 1
Subordinated Unsecured Claim means any Claim arising under the SubordinatedNotes.
Sample 1Sample 2

Examples of Subordinated Unsecured Claim in a sentence

  • Each Holder of an Allowed Class 15 Subordinated Unsecured Claim shall receive, in full and final satisfaction of such Holder’s Allowed Class 15 Subordinated Unsecured Claim, such Holder’s Pro Rata Share of the Collection Difference from any cash remaining in the Estates after satisfaction in full of all allowed claims in Classes 1 through 14.

  • What are the requirements of classes or seminars that are part of co-curricular coursework to ensure that all parties have the same requirements?3.

  • Finally, the vacancy cost function is assumed to be quadratic in vacancies, i.e. κ1 = 2, following Acemoglu and Hawkins (2010).38 Given this value (and the value of κ0, the calibration of which is described in the next section) costs of a newly hired worker in an average firm are 8.7% of output per worker.3938The choice of quadratic vacancy posting costs is somewhat arbitrary and therefore I also investigate the case when κ1 = 5.

  • Each holder of an Allowed Subordinated Unsecured Claim in LBHI Class 5 is deemed to have rejected the Plan and is not entitled to vote to accept or reject the Plan.

  • General Unsecured Claims include any Claim other than an Administrative Expense Claim, a Priority Tax Claim, a Priority Non-Tax Claim, a Secured Claim, a Senior Unsecured Claim, a Subordinated Unsecured Claim, an Intercompany Claim, a Third-Party Guarantee Claim and a Section 510(b) Claim.

  • Class 8 – Allowed Secured Claim of Misty Thornton & Associates Class 8 shall consist of the Allowed Subordinated Unsecured Claim of Misty Thornton & Associates, in the estimated amount of $6,000.00.

  • Insider Unsecured Claims shall be paid nothing under this Plan Class 7 – Allowed Unsecured Claim of A+ Builders Class 7 shall consist of the Allowed Subordinated Unsecured Claim of A+ Builders, in the estimated amount of $135,350.00.

  • Each holder of an Allowed Subordinated Unsecured Claim in Class 5 is not entitled to vote to accept or reject the Plan and is conclusively deemed to have rejected the Plan.

  • The first $500,000 thereof to the holder of the Romanov Subordinated Unsecured Claim; The next $3,500,000 to the holders of the Allowed ACP General Unsecured Claims, consisting of $52,500,000 ($50,000,000 plus $2,500,000 [the increased amount of the Romanov Unsecured Claim]), on a pro rata basis, with the holder of the of the Romanov Adjusted Unsecured Claim receiving $400,000 ($3,500,000 X $6,000,000/$52,500,000).

  • Class 9 – Allowed General Subordinated Unsecured Claims Class 9 shall consist of the Allowed Subordinated Unsecured Claim of, in the estimated amount of $435,599.72.a. The Claims in this class will be paid by the Debtor, once Allowed, over 2 months on a Pro Rata basis, out of approximately $375,240.49.


More Definitions of Subordinated Unsecured Claim

Subordinated Unsecured Claim means (A) a Claim or portion thereof for any Non-Compensatory Damages; (B) a Claim or portion thereof that is subject to subordination under (i) Section 510(b) of the Bankruptcy Code, including, without limitation, any Claim that arises from the rescission of a purchase or sale of a Security of the Debtor or for damages arising from the purchase or sale of such a Security, or for reimbursement, indemnification, or contribution allowed under Section 502 of the Bankruptcy Code on account of such Claim, (ii) Section 510(c) of the Bankruptcy Code or (iii) Section 509 of the Bankruptcy Code; or (C) the Class 4.4 Claims of Honeywell to the extent Section 3.11(b) is satisfied.
Sample 1
Subordinated Unsecured Claim means the FieldTurf Subordinated Claim and any other Unsecured Claim (other than an Affiliate Unsecured Claim) that is subordinated to the General Unsecured Claims by order of the Bankruptcy Court pursuant to Section 510 of the Bankruptcy Code.
Sample 1

Related to Subordinated Unsecured Claim

  • Allowed Unsecured Claim means all or that portion of an Unsecured Claim which is an Allowed Claim.

  • Unsecured Claim means any Claim that is not a Secured Claim.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • General Unsecured Claim means any Claim that is not a/an: Administrative Claim; DIP Facility Claim; Professional Fee Claim; Priority Tax Claim; Secured Tax Claim; Other Priority Claim; Other Secured Claim; Intercompany Claim; Prepetition Debt Claim; or 510(b) Equity Claim.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • General Unsecured Claims means Claims against any Debtor that are not Secured Claims, Administrative Claims, Priority Claims, Professional Compensation Claims, Intercompany Claims, or Equity Interests.

  • Subordinated Claims means the aggregate amount of all claims admitted in the winding up or dissolution of the Issuer which rank, or are expressed to rank, junior to claims in respect of the Senior Non-Preferred Notes or other Senior Non-Preferred Claims, including (without limitation) (i) claims of creditors in respect of the Subordinated Notes and (ii) the obligations of the Issuer which constitute, or would but for any applicable limitation on the amount of such capital constitute, Tier 2 Capital, Additional Tier 1 Capital or CET1 Capital, including, for the avoidance of doubt, all claims in respect of Deferred Shares.

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Secured Claims means Claims held by “secured creditors” as defined in the CCAA, including Construction Lien Claims, to the extent of the Allocated Value of the Property securing such Claim, with the balance of the Claim being a Deficiency Claim, and amounts subject to section 6(6) of the CCAA;

  • Subordinated Unit means a Limited Partner Interest having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit. A Subordinated Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.

  • Priority Claim means a Claim that is entitled to priority in payment pursuant to section 507(a) of the Bankruptcy Code that is not an Administrative Claim or a Priority Tax Claim.

  • Senior Notes Claim means a Claim arising under or as a result of the Senior Notes.

  • Allowed Secured Claim means an Allowed Claim secured by a lien, security interest or other charge against property in which the Estate has an interest, or which is subject to setoff under Section 553 of the Bankruptcy Code, to the extent of the value, determined in accordance with Section 506(a) of the Bankruptcy Code, of the interest of the holder of such Allowed Secured Claim in the Estate's interest in such property, or to the extent of the amount subject to any setoff, as the case may be.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • DIP Claim means any Claim arising under, derived from or based upon the DIP Facility or DIP Orders, including the DIP Exit Backstop Premium and the guarantees in respect thereof under the DIP Facility Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising under or related to the DIP Facility.

  • Securities Claim means any Claim, whether or not the subject of an existing lawsuit, arising from the rescission of a purchase or sale of a debtor security, for damages arising from the purchase or sale of any such security, or for reimbursement or contribution allowed under section 502 of the Bankruptcy Code on account of any such Claim.

  • Final Subordinated Units has the meaning assigned to such term in Section 6.1(d)(x).

  • Preferred claim means a claim with respect to which the terms of this chapter accord priority of payment from the general assets of the insurer.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Allowed Claim means an Allowed Claim of the type described.

  • DIP Claims means, collectively, the DIP ABL Claims and the DIP Term Loan Claims.

  • Class Debt has the meaning assigned to such term in Section 8.09.

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.