Additional Creditor definition

Additional Creditor shall have the meaning given to it in the Intercreditor Agreement.
Additional Creditor means any entity from time to time designated as a “Creditor” in a duly executed Term of Adhesion.
Additional Creditor means, subject to paragraph (c) of Clause 1.2 (Construction):

Examples of Additional Creditor in a sentence

  • She stated that DCHA is using scare tactics and were calling residents directly to gain support for resolution 16-14.

  • Any Additional Agent, for and on behalf of itself and any Additional Creditors represented thereby, agrees that no payment by such Additional Agent or any such Additional Creditor to the ABL Agent or any ABL Lender pursuant to the provisions of this Agreement shall entitle such Additional Agent or any such Additional Creditor to exercise any rights of subrogation in respect thereof until the Discharge of ABL Obligations shall have occurred.

  • The ABL Agent, for and on behalf of itself and the ABL Lenders, agrees that no payment by the ABL Agent or any ABL Lender to any Additional Agent or any Additional Creditor represented thereby pursuant to the provisions of this Agreement shall entitle the ABL Agent or any ABL Lender to exercise any rights of subrogation in respect thereof until the Discharge of Additional Obligations shall have occurred.

  • As used in the Plan, the following terms shall have the respective meanings specified below: 1.1 Additional Creditor Representative means a person or entity appointed pursuant to Section 6.2(a)(ii) of the Plan.

  • LBCC.‌1.53 Domestic Operating Company means each of LCPI, LBCS, LBSF, LOTC, and 1.54 Domestic Operating Company Creditor Representative means the PrimaryCreditor Representative and, solely with respect to each Creditor Representative Conflict, if any, the Additional Creditor Representative appointed with respect to such Creditor Representative Conflict.

  • Notwithstanding the foregoing, after the occurrence and during the continuation of an event of default under any Senior Loan Document, no Additional Creditor (other than a Prudential Affiliate pursuant to Section 10(e) hereof) may become party to this Agreement.

  • Each other party to this Agreement expressly agrees that its rights and obligations arising hereunder shall continue after giving effect to the addition of such Additional Creditor as a party to this Agreement.

  • Additional Creditor Protections for Supported QFCs Proposed Rule and Final Rule.

  • Collections and funds on deposit in the Collection Account and the Excess Funding Account shall be allocated in accordance with the terms hereof and any related Supplement and shall be held by the Indenture Trustee as security for the respective obligations of the Trust in favour of the Indebtedness Holders, and any Additional Creditor, and the Indenture Trustee shall hold the Secured Property on behalf of each such person.

  • Except as expressly provided in this Agreement, the Servicer agrees that it shall have no right of set off or lien against, and no right to otherwise deduct from, any funds held in the Excess Funding Account for any amount owed to it (whether as Seller, Servicer, Administrative Agent or in any other capacity) by any person, including the Trust, the Indenture Trustee, any Indebtedness Holder or any Additional Creditor.


More Definitions of Additional Creditor

Additional Creditor shall have the meaning specified in subsection 3.2(a) of the Trust Indenture;

Related to Additional Creditor

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;

  • Original Credit Agreement shall have the meaning assigned to such term in the recitals hereto.

  • financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • DIP Lender means a lender under the DIP Facility.

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Universal Credit means any payment of Universal Credit payable under the Welfare Reform Act 2012, the Universal Credit Regulations 2013, The Universal Credit (Consequential, Supplementary, Incidental and Miscellaneous Provisions) Regulations 2013, Universal Credit (Miscellaneous Amendments) Regulations 2013 and the Universal Credit (Transitional Provisions) Regulations 2014;

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • Lender Group means, individually and collectively, each of the Lenders (including the Issuing Lender) and Agent.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Dual credit means the system under which an eligible high school student enrolls in college course(s) and receives credit for the course(s) from both the college and high school.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • ABL Credit Agreement as defined in the recitals hereto.

  • Obligated bank means the issuer of a cashier's check or teller's check or the acceptor of a certified check.