Critical Vendor definition

Critical Vendor. As defined in Section 2.4(a).
Critical Vendor. A ‘critical vendor,’ as such term is defined in the Bankruptcy Code, under which the debtor seeks authority to make payment of all or a significant portion of certain vendors’ unpaid pre-petition claims.
Critical Vendor means a Person who holds a Claim against a Borrower on the Petition Date and whose ongoing provision of goods or services is essential to one or more Borrowers' successful reorganization in the Chapter 11 Cases.

Examples of Critical Vendor in a sentence

  • In the event any such additional Critical Vendor is identified by Holdings as having been deficient in the reasonable judgment of Holdings, Holdings shall notify the Seller with its concerns of such Critical Vendor.


More Definitions of Critical Vendor

Critical Vendor shall have the meaning set forth in Section 8(a).
Critical Vendor means an unrelated third party service provider who is allowed access to Client Data by the Licensed Family Trust Company during its engagement with the Licensed Family Trust Company.
Critical Vendor means a Person who has been identified by the Debtors, in their sole discretion, as a "Critical Vendor", as such term is defined in, and pursuant to, the Debtors' "Motion for an Order Authorizing, But Not Requiring, Debtors to Pay Pre-petition Claims of Critical Vendors Pursuant to 11 U.S.C. Section 105(a)" and the Critical Vendors
Critical Vendor means those creditors which are critical for debtor’s
Critical Vendor means the Creditors designated as critical vendors on Schedule 1 of the Plan, whose continued good will is necessary for Halker Consulting’s future operations.
Critical Vendor means a Holder of a Claim identified by the Debtors, as a critical vendor, significant to the Debtors’ ability to continue to operate its business in a cost-effective manner and in the ordinary course of business without undue disruption (which critical vendor identification by the Debtors is subject to the consent rights of the Required Consenting Creditors as described in the definition of “Continuing Trade,” above).
Critical Vendor means a Holder of a Claim identified by the Debtors, as a critical vendor, significant to the Debtors’ ability to continue to operate its