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.
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Subordinated Unsecured Claim means any Claim arising under the SubordinatedNotes.
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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.
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Examples of Subordinated Unsecured Claim in a sentence

  • First, the holder of the Romanov Subordinated Unsecured Claim, shall receive the next $500,000 in cash distributions, before payment of any further cash distributions to holders of Allowed ACP General Unsecured Claims; b.

  • 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.

  • 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 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.

  • A Claim against Debtor that is not a Secured Claim, Administrative Claim, Priority Tax Claim, Priority Claim, Subordinated Unsecured Claim or Securities Fraud Claim, but including, without limitation, Claims arising from the rejection of an unexpired lease or executory contract pursuant to Section 7.3 of 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.

  • Following cash distributions to holders of all Allowed ACP General Unsecured Claims in the amount of 70% of such Allowed ACP General Unsecured Claims, the holder of the Romanov Subordinated Unsecured Claim will participate in subsequent Cash Distributions, if any, as follows:a.

  • Each Creditor with an Allowed Subordinated Unsecured Claim as of the Initial Distribution Date that will on such date be paid its Pro Rata share of the Initial Distribution Amount.

  • Treatment: On the Effective Date, each holder of an Allowed Subordinated Unsecured Claim will receive, in full satisfaction, settlement, release and discharge of, and in exchange for, such Subordinated Unsecured Claim, an allocated Class 4 Trust Interest, which will entitle the holder its pro rata share of funds available to holders of Class 4 Trust Interests pursuant to the Recovery Trust Agreement.

  • 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.


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.
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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.
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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 a Claim that is not an Administrative Claim, a Priority Tax Claim, a Priority Claim, or 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 any unsecured claim (other than an Administrative Claim, a Priority Tax Claim, an Other Priority Claim, a Prepetition Term Loan Claim, or an Intercompany Claim) against one or more of the Debtors including (a) Claims arising from the rejection of Unexpired Leases and Executory Contracts to which a Debtor is a party, and (b) Claims arising from any litigation or other court, administrative or regulatory proceeding, including damages or judgments entered against, or settlement amounts owing by a Debtor related thereto.

  • 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) claims of creditors in respect of the Subordinated Notes, and 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 (including, without limitation, the Issuer’s permanent interest bearing shares (if any)) or CET1 Capital (including the Issuer’s core capital deferred shares (if any)); and

  • Secured Claim means a Claim: (a) secured by a valid, perfected, and enforceable Lien on collateral to the extent of the value of such collateral, as determined in accordance with section 506(a) of the Bankruptcy Code or (b) subject to a valid right 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 all or that portion of a Secured Claim which is an Allowed Claim.

  • 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 a Claim of the DIP Agent or DIP Lenders arising under the DIP Credit Agreement or any of the DIP Orders, including Claims for payment of DIP Expenses.

  • 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.