Affected Creditor definition

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;

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Affected Creditor means any Creditor with an Affected Claim, but only with respect to and to the extent of such Affected Claim.

Affected Creditor means any Creditor holding an Affected Claim, including a Non-Filed Affiliate holding an Affected Claim and a CCAA Party holding an Affected Claim;

Examples of Affected Creditor in a sentence

Once a disputed Claim is resolved, a distribution will be made to that Affected Creditor as to its Proven Claim in accordance with Article 9 of this Proposal.
All amounts paid or payable hereunder on account of the Affected Creditor Claims (including, for greater certainty, any securities received hereunder) shall be applied as follows: (i) first, in respect of the principal amount of the Affected Creditor Claim, and (ii) second, in respect of the accrued but unpaid interest on the Affected Creditor Claim.
An Affected Creditor holding a disputed Claim will not be entitled to receive a distribution under the Proposal in respect of such disputed Claim or any p011ion thereof unless and until, and then only to the extent that, such disputed Claim is allowed pursuant to the BIA.
Each Affected Creditor other than a Debentureholder in respect of its Debentureholder Claim will be required to submit a proof of claim to the Proposal Trustee.
A quorum shall be constituted for the Creditors' Meeting or any adjournment thereof if there is one Affected Creditor, entitled to vote, present in person (virtually) or by proxy, or if one Affected Creditor, entitled to vote, has submitted a voting letter in accordance with the provisions of the BIA and this Proposal.

More Definitions of Affected Creditor

Affected Creditor means a Creditor having an Affected Claim;

Affected Creditor means the holder of an Affected Claim in respect of and to the extent of such Affected Claim;

Affected Creditor means a holder of an Affected Claim;

Affected Creditor means any Creditor holding an Affected Claim, including a Sears Canada Entity holding an Affected Claim;

Affected Creditor means any Secured Creditor that has a Lien attaching to some or all of the Transaction Assets that ranks in priority to any other Lien attaching to such Transaction Assets, including to the Security Interests in favour of ATB and Fiera;

Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares by exercise of a write down or conversion power;

Affected Creditor means a Creditor with an Affected Claim.