Foreign creditors definition

Foreign creditors means the legal or natural persons which have their predominant personal and economic interests in countries other than the Republic of Lithuania, which permanently operate or reside in other countries or operate or reside in Lithuania for a period not exceeding one year and have purchased government securities, granted loans under loan agreements or other debt instruments.
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Foreign creditors means foreign states, international financial organisations, foreign banks, other legal or natural persons who have lent funds under loan agreements or other debt instruments.
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Examples of Foreign creditors in a sentence

  • Foreign creditors also face risk regarding future observable fundamentals.

  • Foreign creditors are risk-neutral and have perfect information about the country’s produc- tivity.

  • Foreign creditors submit to the insolvency laws of that one insolvency administration and accept the result of that submission.A modification to that universal approach applies where there are concurrent insolvency proceedings.

  • Foreign creditors have perfect information about the productivity realization and they can borrow or lend from international capi- tal markets at the constant risk-free rate rf .

  • Foreign creditors of Icelandic banks faced a €47 billion loss (source: Benediktsdottir, Danielsson and Zoega, 2011, citing the Financial Services Authority of Iceland report).

  • CMC recommends that trip leaders seek out additional training in Leave No Trace practices.

  • Foreign creditors receive equal treatment under Senegalese bankruptcy law in making claims against liquidated assets.

  • Foreign creditors are entitled to claim in an Irish insolvency process in the same manner as Irish creditors.

  • Foreign creditors have the same rights re- garding the commencement of, and participa- tion in, a case under this title as domestic credi- tors.

  • As a result, the following problems occur: • Foreign creditors can continue with individual enforcement actions against the company and its assets; individual enforcement action can jeopardize the success of the rescue or restructuring.

Related to Foreign creditors

  • Foreign Credit Party means a Credit Party which is not a Domestic Credit Party.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

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

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.

  • Canadian Lenders means the Lenders having Canadian Commitments from time to time or at any time. Any Person may be a Canadian Lender only if it is a financial institution that is listed on Schedule I, II or III of the Bank Act (Canada) or is not a foreign bank for purposes of the Bank Act (Canada), and if such financial institution is not resident in Canada and is not deemed to be resident in Canada for purposes of the Income Tax Act (Canada), then such financial institution deals at arm’s length with each Canadian Loan Party for purposes of the Income Tax Act (Canada).

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

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.

  • Lender Group means, individually and collectively, each of the Lenders (including the Issuing Lender) and Agent.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

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

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • DIP Lender means a lender under the DIP Facility.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • U.S. Lenders means the financial institutions listed on the signature pages of the U.S. Credit Agreement and their respective successors and assigns.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.