Former Creditor definition

Former Creditor means each of the "Holders" and "▇▇▇▇▇ ▇▇▇▇▇▇▇" as identified in the NFEA, but excluding FDR.
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Examples of Former Creditor in a sentence

  • Except as expressly set forth in this Release, Consent and Waiver, the Collateral Agents and the Former Creditor expressly reserve the right to exercise any and all of their rights and remedies under the Notes, any other Existing Transaction Document and applicable law in respect of any Default or Event of Default as against the Parent and other Non-LNG Subsidiaries.

  • Effective on the Waiver Effective Date, the LNG Parties and their designees (including, without limitation, Greenfield Commercial, L.L.C.) are immediately authorized to file or record termination statements for each Uniform Commercial Code financing statement of public record naming any LNG Party as debtor and the Former Creditor Parties or any of them as secured party, including, without limitation, the Uniform Commercial Code financing statements described on Exhibit A to this Release.

  • The Parent and the Non-LNG Subsidiaries hereby represent and warrant to the Collateral Agent and the Former Creditor that, after the "Closing Date" (as defined in the Exchange Agreement), no “Event of Default” (as defined in the Notes), and no event that, with the giving of notice or the passage of time, or both, would constitute an Event of Default, each, a “Default”) will have occurred and be continuing or will result from this Release becoming effective in accordance with its terms.

  • Except as expressly provided herein, the execution, delivery and effectiveness of this Release shall not operate as a waiver of any right, power or remedy of the Collateral Agent or the Former Creditor under the Notes or any other Existing Transaction Document, nor constitute a waiver of any provision of the Notes or any other Transaction Document as against D▇▇▇▇▇, Parent or the Non-LNG Subsidiaries.

  • The Stockholders' Representative shall on the --------------------- first day of the Second Release Period deliver to the Escrow Agent an Allocation Notice to transfer to each of the Former Creditors (or to purchasers of their shares under the Registration, if the Former Creditors so instruct), a number of Merger Consideration Escrow Shares equal to the lesser of (i) the Authorized Number of such Former Creditor and (ii) the Salable Number of such Former Creditor.

  • Stock certificates representing all Merger Consideration ------------------ Escrow Shares that are transferred pursuant to Paragraphs 5, 6 or 7 of this Agreement shall be released from this escrow and delivered in accordance with the instructions of the Former Creditor or Preferred Holder, as the case may be, subject to compliance with the terms of Section 2.6 of the Registration Rights Agreement.

  • The Stockholders'Representative shall on the first day of the ------------ Final Period deliver to the Escrow Agent an Allocation Notice to transfer to each of the Former Creditors (or to purchasers of their shares under the Registration, if the Former Creditors so instruct), a number of Merger Consideration Escrow Shares equal to the Authorized Number of such Former Creditor.

Related to Former Creditor

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

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

  • Lender credit card means a credit card issued by a lender.

  • Customer Credit Liabilities means at any time, the aggregate remaining value at such time of (a) outstanding gift certificates and gift cards of the Borrowers entitling the holder thereof to use all or a portion of the certificate or gift card to pay all or a portion of the purchase price for any Inventory, and (b) outstanding merchandise credits of the Borrowers.

  • Third Party Beneficiary means each of the non-NHS bodies set out in the list attached at Schedule 1, as supplied from time to time by the Authority to the Contractor;