Classes of Creditors definition
Classes of Creditors means each of the following classes of Creditor which shall each constitute an individual class of creditors of the Issuer, certain actions of which are regulated by the Issuer Security Trust and Intercreditor Deed and which are each represented by the creditors’ representative (the “Creditors’ Representative”) so specified below for such class:
Examples of Classes of Creditors in a sentence
The impaired Classes of Creditors and Interests must accept the Plan in order for it to be confirmed without application of the "fair and equitable" test described below.