Unsecured Claim definition

Unsecured Claim means a Claim that is not an Administrative Claim, a Priority Tax Claim, a Priority Claim, or a Secured Claim.
Unsecured Claim means any Claim that is not a Secured Claim.
Unsecured Claim means a Claim that is not a Secured Claim or an Administrative Claim.

Examples of Unsecured Claim in a sentence

  • Each holder of an Allowed General Unsecured Claim is entitled to vote to accept or reject the Plan.

  • Each Holder of a General Unsecured Claim is entitled to vote to accept or reject the Plan.

  • In any action or proceeding to determine the existence, validity, or amount of any General Unsecured Claim, any and all claims or defenses that could have been asserted by the applicable Debtor(s) or the Entity holding such General Unsecured Claim are preserved as if the Chapter 11 Cases had not been commenced.

  • All Claims arising from the rejection by any Debtor of any Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code shall be treated as a General Unsecured Claim pursuant to Article III.B of the Plan and may be objected to in accordance with the provisions of Article VII of the Plan and the applicable provisions of the Bankruptcy Code and Bankruptcy Rules.

  • Each holder of a General Unsecured Claim is entitled to vote to accept or reject the Plan.


More Definitions of Unsecured Claim

Unsecured Claim means any Claim that is neither Secured nor entitled to priority under the Bankruptcy Code or an order of the Bankruptcy Court, including any Claim arising from the rejection of an Executory Contract or Unexpired Lease under section 365 of the Bankruptcy Code.
Unsecured Claim means any Claim against any Debtor arising prior to the Petition Date (regardless of whether such Claim is covered by insurance) to the extent that such Claim is neither secured nor entitled to priority under the Bankruptcy Code or by a Final Order of the Bankruptcy Court, including, but not limited to: (a) any Claim arising from the rejection of an executory contract or unexpired lease under section 365 of the Bankruptcy Code, and (b) any portion of a Claim to the extent the value of the holder's interest in the applicable Estate's interest in the property securing such Claim is less than the amount of the Claim, or to the extent that the amount of the Claim subject to setoff is less than the amount of the Claim, as determined pursuant to section 506(a) of the Bankruptcy Code.
Unsecured Claim means any Claim which is not an Administrative Expense Claim, Fee Claim, 503(b)(9) Claim, Priority Tax Claim, Secured Tax Claim, Lenders’ Secured Claim, or Oklahoma Owner Secured Claim, including (a) any Claim arising from the rejection of an executory contract or unexpired lease under Section 365 of the Bankruptcy Code, (b) any portion of a Claim to the extent the value of the Creditor’s interest in the applicable Estate’s interest in the Collateral securing such Claim is less than the amount of the Allowed Claim, or to the extent that the amount of the Claim subject to setoff is less than the amount of the Allowed Claim, as determined pursuant to Section 506(a) of the Bankruptcy Code, (c) any Claims arising from the provision of goods or services to the Debtor prior to the Petition Date, and (d) any Claim designated as an Unsecured Claim elsewhere in the Plan.
Unsecured Claim means any Claim other than a Secured Claim, an Administrative Expense Claim or a Priority Claim.
Unsecured Claim means a Claim that is not secured by any Lien;
Unsecured Claim means every Claim, or portion thereof, which is not a Secured Claim, regardless of the priority of such Claim.
Unsecured Claim means a Claim against any Debtor, other than an Administrative Claim or a Secured Claim.