Unsecured Creditor Class definition

Unsecured Creditor Class means each of the CQIM/Quinto Unsecured Creditor Class, BL Parties Unsecured Creditor Class, Wabush Mines Unsecured Creditor Class, Arnaud Unsecured Creditor Class and Wabush Railway Unsecured Creditor Class;
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Unsecured Creditor Class means Class 5 under the NRG Plan, together with Class 6 under the NRG Plan in the event Debtor NRG Power Marketing, Inc. is substantively consolidated with NRG under the NRG Plan.
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Unsecured Creditor Class means the class comprising all Creditors with Unsecured Creditor Claims. “Unsecured Creditors” means those Creditors with Unsecured Creditor Claims.
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Examples of Unsecured Creditor Class in a sentence

  • If the Plan is approved by the Required Majority in each Unsecured Creditor Class in respect of each Participating CCAA Party, the Participating CCAA Parties shall file a motion seeking the Sanction Order to be heard on June 29, 2018 or such later date as the Court may order.

  • There will be one class of Creditors for the purpose of considering and voting upon the Proposal being the Unsecured Creditor Class.

  • Subject to order of the Court, in order to be approved, the Proposal must receive an affirmative vote, in accordance with the provisions of the BIA, by the Required Majority of the Unsecured Creditor Class.

  • Accordingly, if a dissenting Unsecured Creditor Class is to receive property worth only one-half of its Allowed Claims, the Plan may still be fair and equitable if all junior Classes are to receive or retain nothing, and if no senior Class is to receive more than 100% of its Allowed Claims.

  • For the purposes of considering and voting on this Plan and receiving a distribution hereunder, the Affected Creditors are grouped into one class, being the General Unsecured Creditor Class.


More Definitions of Unsecured Creditor Class

Unsecured Creditor Class means the Class consisting of the Unsecured Creditors. “Website” means https://www.bdo.ca/en-ca/extranets/creditloans/
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Unsecured Creditor Class means all Unsecured Creditors each having a Proven Claim.
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Unsecured Creditor Class means the Class comprised of General Unsecured Creditors and Term Loan Claim Holders.
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Unsecured Creditor Class means all Affected Creditors each having a Proven Claim.
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Unsecured Creditor Class means the class of holders of
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Unsecured Creditor Class means the Class consisting of the Unsecured Creditors.
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Unsecured Creditor Class means the class of Creditors, for the purposes of considering and voting on the Plan, composed of the Unsecured Creditors.
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