Creditors Rights Laws definition

Creditors Rights Laws means with respect to any Person, any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors.
Creditors Rights Laws means any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors.
Creditors Rights Laws has the meaning set forth in Section 4.2(a) hereof.

Examples of Creditors Rights Laws in a sentence

  • No proceeding under Creditors Rights Laws with respect to any Borrower Party has been initiated.

  • No petition in bankruptcy has been filed against Borrower, any Borrower Principal, any SPE Component Entity (if any) or Affiliated Manager in the last ten (10) years, and neither Borrower nor any Borrower Principal, any SPE Component Entity (if any) or Affiliated Manager in the last ten (10) years has made an assignment for the benefit of creditors or taken advantage of any Creditors Rights Laws.

  • No petition in bankruptcy has been filed against Borrower, any Guarantor, any SPE Component Entity (if any) or Affiliated Manager in the last ten (10) years, and neither Borrower nor any Guarantor, any SPE Component Entity (if any) or Affiliated Manager in the last ten (10) years has made an assignment for the benefit of creditors or taken advantage of any Creditors Rights Laws.

  • Neither Borrower nor any Borrower Principal, any SPE Component Entity (if any) or Affiliated Manager is contemplating either the filing of a petition by it under any Creditors Rights Laws or the liquidation of all or a major portion of Borrower's assets or property, and Borrower has no knowledge of any Person contemplating the filing of any such petition against Borrower or any Borrower Principal, any SPE Component Entity (if any) or Affiliated Manager.

  • Neither Borrower nor any Guarantor, any SPE Component Entity (if any) or Affiliated Manager is contemplating either the filing of a petition by it under any Creditors Rights Laws or the liquidation of all or a major portion of Borrower’s assets or property, and Borrower has no knowledge of any Person contemplating the filing of any such petition against Borrower or any Guarantor, any SPE Component Entity (if any) or Affiliated Manager.


More Definitions of Creditors Rights Laws

Creditors Rights Laws will have the meaning given to it in Section 5.b. hereof.
Creditors Rights Laws shall have the meaning assigned to such term in Section 2.1(h) hereof.
Creditors Rights Laws means any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors; and
Creditors Rights Laws will have the meaning given to it in Section 3.2 of this Agreement.
Creditors Rights Laws. All bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the rights of creditors generally, as well as general equitable principles whether or not the enforcement thereof is considered to be a proceeding at law or in equity.
Creditors Rights Laws shall have the meaning set forth in Section 3.1.24(d) hereof. "DBRS" shall mean DBRS, Inc. "Debt" shall mean the outstanding principal amount of the Loan together with all interest accrued and unpaid thereon and all other sums (including the Yield Maintenance Premium) due to Lender in respect of the Loan under the Note, this Agreement, the Security Instrument, the Environmental Indemnity or any other Loan Document. "Debt Service" shall mean, with respect to any particular period of time, scheduled principal and interest payments under the Note. "Default" shall mean the occurrence of any event hereunder or under any other Loan Document which, but for the giving of notice or passage of time, or both, would be an Event of Default. "Default Rate" shall mean, with respect to the Loan, a rate per annum equal to the lesser of (i) the Maximum Legal Rate or (ii) five percent (5%) above the Interest Rate. DMEAST #17478116 v7 4
Creditors Rights Laws means any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors. “Crowdfunded Person” shall mean a Person capitalized primarily by monetary contributions (A) of less than $35,000 each from more than 35 investors who are individuals and (B) which are funded primarily (I) in reliance upon Regulation Crowdfunding promulgated by the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended and/or (II) through internet-mediated registries, platforms or similar portals, mail-order subscriptions, benefit events and/or other similar methods. “Crowne Plaza Allocated Loan Amount” shall mean the portion of the Loan allocated to the Crowne Plaza Property, in an amount equal to Five Million Five Hundred Twenty-Nine Thousand Thirty-Seven and No/100 Dollars ($5,529,037.00). “Crowne Plaza Borrower” shall have the meaning set forth in the introductory paragraph hereof. “Crowne Plaza Improvements” shall mean that portion of the “Improvements” (as such term is defined in the Security Instrument) now or at any time hereafter located or placed on the Crowne Plaza Land. “Crowne Plaza Land” shall mean that portion of the “Land” (as such term is defined in the Security Instrument) described as Parcel 1 in Exhibit A attached to the Security Instrument. “Crowne Plaza Personal Property” shall mean that portion of the “Personal Property” (as such term is defined in the Security Instrument) now or at any time hereafter located on, attached to or used in or about the Crowne Plaza Improvements. “Crowne Plaza Property” shall mean that portion of the “Property” (as such term is defined in the Security Instrument) in and to which Crowne Plaza Borrower has any estate, right, title or interest, including, without limitation, (i) the Crowne Plaza Land, (ii) the Crowne Plaza Improvements and (iii) the Crowne Plaza Personal Property.