Excluded Creditors definition

Excluded Creditors means Creditors having Excluded Claims.
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Excluded Creditors means any Deed Creditor to the extent they have been paid during or after the Voluntary Administration Period or the Deed Period;
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Excluded Creditors means Nedbank Limited, being a bank, duly registered as such, in terms of the Banks Act, 94 of 1990 and the N Energy Applicants insofar as the N Energy Applicants may allege to be creditors as opposed to shareholders (in respect of shares, shareholder interests and/or shareholder linked financial interests) of the Growth Plan Companies, and/or any legal entity forming part of Nedbank Limited and/or the N Energy Applicants, in respect of all and any claims of any of such excluded creditors, of whatsoever nature and howsoever arising, against the Growth Plan companies or any of their number including but not limited to any such claims as same may relate to or emanate from any agreement between any such excluded creditors andthe Growth Plan Companies or any of their number, including any bond and the cause of action underlying any bond held by Nedbank Limited in respect of any Growth Plan property and including any alleged claim as creditor as may be contained in or emanate from the Application of the N Energy Applicants referred to in 2.26 below, which claims, if any, as creditors, of Nedbank Limited and/or the N Energy Applicants and such legal entities as excluded creditors, to the extent to which they may be successful in proving any claims as creditors against the Growth Plan Companies or any of their number, are specifically to be dealt with in terms of clause4.2.5 below, as and when their claims may be proved to become due, payable by and binding on the Growth Plan Companies or any of their number;
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Examples of Excluded Creditors in a sentence

  • Each person bound by this Deed acknowledges the provisions of the AAL DOCA permitting each Deed Creditor (other than Excluded Creditors) to lodge in the administration of AAL a proof of debt in respect of their Claim for the same amount and with the same priority that the Claim would have enjoyed in the administration of the Company immediately prior to the passing of the Pooling Resolutions, subject only to the provisions of the AAL DOCA concerning Duplicated Claims.


More Definitions of Excluded Creditors

Excluded Creditors means the Capicol contractor creditors and the Capicol Group and/or any entity forming part of the Capicol Group and the N Energy Applicants insofar as the N Energy Applicants may allege to be creditors as opposed to shareholders (in respect of shares, shareholder interests and/or shareholder linked financial interests) of the Zambezi Companies, and/or any legal entity forming part of the Capicol contractor creditors and the Capicol Group and/or the N Energy Applicants, in respect of all and any claims of any of such excluded creditors, of whatsoever nature and howsoever arising, against the Zambezi Companies or any of their number including but not limited to any such claims as same may relate to or emanate from any agreement between any such excluded creditors and the Zambezi Companies or any of their number, including any bond and the cause of action underlying any bond held by any of the Capicol contractor creditors and/or the Capicol Group in respect of any Zambezi property and including any alleged claim as creditor as may be contained in or emanate from the Application of the N Energy Applicants referred to in 2.28 below, which claims, if any, as creditors, of the Capicol contractor creditors and/or the Capicol Group and/or the N Energy Applicants and such legal entities as excluded creditors, to the extent to which they may be successful in proving any claims as creditors against the Zambezi Companies or any of their number, are specifically to be dealt with in terms of clause 4.2.5 below, as and when their claims may be proved to become due, payable by and binding on the Zambezi Companies or any of their number;
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Excluded Creditors means the Preferential Creditor and the Secured Creditor to the extent of the part of the Secured Claim.
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Excluded Creditors means, with respect to CSEI, HSBC Bank of Canada, and with respect to CSTT, Petroleum Company of Trinidad and Tobago Limited;
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Excluded Creditors means the Directors and any other Related Party and includes but is not limited to those persons listed in Item 5 of the First Schedule. Where there is more than one Excluded Creditor a reference to the Excluded Creditor is a reference to each and all of them, jointly and severally.
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Excluded Creditors means ARF and Sinopec.
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Related to Excluded Creditors

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

  • 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;

  • First Lien Collateral Agent means the First Lien Credit Agreement Collateral Agent and any Additional First Lien Obligations Agent.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Notes Collateral Agent means such successor collateral agent, and the retiring Notes Collateral Agent’s appointment, powers and duties as the Notes Collateral Agent shall be terminated. After the retiring Notes Collateral Agent’s resignation hereunder, the provisions of this Section 12.08 (and Section 7.07) shall continue to inure to its benefit and the retiring Notes Collateral Agent shall not by reason of such resignation be deemed to be released from liability as to any actions taken or omitted to be taken by it while it was the Notes Collateral Agent under this Indenture.

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • First Lien Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any First Lien Obligations.

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

  • Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • First Lien Indebtedness means the Indebtedness under the First Lien Indebtedness Documents.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Obligations covered hereby, the Initial Second Priority Representative and (ii) in the case of any other Second Priority Debt Facility, the Second Priority Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • ABL Agent means Bank of America, N.A., in its capacity as administrative agent and collateral agent under the ABL Facility Documentation, or any successor agent or under the ABL Facility Documentation.

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

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • Note Parties means, collectively, the Company and each Guarantor.

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

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.