General Creditor definition

General Creditor means a creditor of the Company who is not a Segregated Portfolio
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General Creditor means each Person who, as of the Merger Filing, is a creditor of the Company, whether or not the amount owing to such Person has been billed to the Company as of the Merger Filing.
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General Creditor means an unsecured creditor, irrespective of whether such creditor may by law have a priority claim to distribution of, but not a security interest in, assets of an Insolvent debtor's estate.
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Examples of General Creditor in a sentence

  • Unsecured --------- -------------------------------------------------------------- General Creditor Status of Employee.

  • The Employers shall not create a security interest in the Trust Fund in favor of any Participant or any other General Creditor.

  • General Corporate Assets; Unsecured General Creditor Status of Participant .

  • If the Effective Time occurs, then, after the Effective Time, the Allowed House General Creditor Claim, the Omnibus Shortfall Claim (if any) and the House Shortfall Claim (if any) shall receive the same treatment afforded other allowed non-priority general unsecured claims in the SIPA Proceeding, including with respect to any applicable distribution rate and the time of distribution.

  • MISCELLANEOUS 13.1 Unsecured General Creditor of the Employer 13.2 Employer's Liability 13.3 Limitation of Rights 13.4 Acceleration of Benefits 13.5 Facility of Payment 13.6 Notices 13.7 Tax Withholding 13.8 Indemnification 13.9 Governing Law PREAMBLE The Computer Associates International, Inc.

  • In the event the Company is Insolvent, nothing in this Trust shall in any way enlarge or diminish the rights of the Employee to pursue his or her rights as a General Creditor of the Company with respect to his or her benefits under the Plan.

  • Nothing in this Trust Agreement shall in any way enlarge or diminish the rights of any Participant, in the event that the Company or the Bank is Insolvent, to pursue his or her rights as a General Creditor with respect to Deferred Compensation.

  • Unsecured General Creditor 11 10.2 Restriction Against Assignment 12 10.3 Withholding 12 10.4 Amendment, Modification, Suspension or Termination 12 10.5 Governing Law 12 10.6 Receipt or Release 12 10.7 Payments on Behalf of Persons under Incapacity 12 10.8 Headings, etc.


More Definitions of General Creditor

General Creditor means a Person or other entity who has an unsecured claim against an Estate. General Creditor shall not mean the Nation or the United States Federal Government.
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General Creditor means a creditor of the Fund who is not a Protected Cell Creditor as defined in the DFSA Rulebook and the PCC Regulations.
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