Examples of Existing Creditors in a sentence
In each case, the 363 Transaction and the Chapter 11 Plan will be conditional on (among other things) approval of all Court Supervised Arrangements by the requisite majority of Existing Creditors, sanction by the English Court and/or the Singapore Court (as the case may be) and satisfaction of the conditions set out therein.
The persons to whom the Supervisors may refuse inspection include members of the CVA Creditors' Committee or, where there is an Existing Creditors' Committee, the Existing Creditors' Committee.
The Existing Creditors filed proofs of claims in the bankruptcy case and those obligations remain unpaid.
The Original Guarantee (without any amendment whatsoever) shall continue to apply to the Existing Creditors since no amendments to the Original Guarantee are being made in relation to the Existing Creditors.The following summary does not purport to be a comprehensive or exhaustive description of all provisions of the Guarantee or the applicable Creditor Nomination Letter.
In the event that the Liens held by Existing Creditors are terminated and released, the Company shall agree to provide the Holders with a first lien on all of the property of Quintessence.