Examples of Unsecured Creditors in a sentence
The Unsecured Creditors Related Company correspond to nine Creditors, which are detailed in Annex No. 7 which is attached in the second petition to the Court of this filing, and which forms an integral part of the to this Agreement for all legal purposes.
The claims of the Unsecured Creditors Related Companies subclass will be subordinated, and they will not receive payment of their claims, until all other claims subject to this Agreement.
In accordance with the provisions of Article 61 of Law No. 20,720, this Judicial Reorganization Agreement (hereinafter, indistinctly, “Reorganization Agreement” or “Agreement”), contains a restructuring and payment proposal for: (a) Secured Creditors; and (b) Unsecured Creditors.
This subclass of creditors includes Unsecured Creditors who are suppliers of goods and services to Enjoy, as well as any other Unsecured Creditor not expressly indicated in the other subclasses of Unsecured Creditor (the “Suppliers”).
This proposal with more favorable conditions for the Local Noteholders of Series T Notes Notes must be voted by the rest of the Unsecured Creditors.