Known Creditors definition

Known Creditors means creditors whose identity and whereabouts are known to, or with due diligence could be discovered by, the company, or other persons known to the company;
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Known Creditors means Creditors which the books and records of the Applicant disclose were owed money by the Applicant as of the Filing Date, which obligation remains unpaid in whole or in part.
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Known Creditors means Creditors which the books and records of the Debtor disclose as having a Claim against the Debtor as of the Filing Date;
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Examples of Known Creditors in a sentence

  • If no temporary receiver has been appointed, the defendant shall file that schedule within the same time.‌ L.R. 66-5.1 Known Creditors - Defined.

  • Notice to known creditors may be accomplished by using Notice to Known Creditors (PC 578).

  • By December 9, 2014, copies of the Information Package (without the Secured Noteholders Proxy) were sent to each of the Known Creditors (as defined in the Claims Procedure Order) as well as counsel to the WARN Act Plaintiffs.

  • The Monitor is required to send Proof of Claim Document Packages to the Company's Known Creditors.

  • The Information Statement, which summarized and described the terms of the releases, was posted on the Monitor’s website and sent to all Known Creditors, including Marret (on behalf of the Secured Noteholders), the Class Action Counsel (on behalf of the WARN Act Plaintiffs) and any Creditor who made a request for a copy of such Information Package.

  • Notice of the relief granted in the Chapter 15 Proceedings and the relief being sought by way of the U.S. Petitions has been given by: (i) United States mail, first-class postage prepaid, or by overnight courier, to the Known Creditors; (ii) United States mail, first-class postage prepaid, or by overnight courier, to the plaintiffs and proposed class counsel in the class action proceeding captioned Gerard, Jr. et al v.

  • In the highly unlikely event of an unknown producer creditor, that person is expected to receive indirect notice through the NMHC newsletter, by visiting the MyNMHC.org website, by submitting a complaint to OSI, or through the active producer trade groups.Other Known Creditors The notice plan requires the receiver to provide direct notice, by e-mail or regular mail, to all other known creditors identified in NMHC’s accounts payable ledger.

  • By December 9, 2014, Claims Packages (as defined in the Claims Procedure Order) were sent to each of the Known Creditors and the counsel to the WARN Act Plaintiffs.

  • The Claims Procedure Order provides for the delivery of the Proof of Claim Document Package to Known Creditors within ten business days of the granting of the proposed Claims Procedure Order, and given that creditors will be able to deliver their Proof of Claim or D&O Proof of Claim by email,the Partners and Metro 360 believe that creditors will have sufficient time to complete and submit a Proof of Claim or D&O Proof of Claim, as applicable.

  • Affidavit of Notice to Known Creditors – Once all known creditors have been notified, you will sign (and the attorney will file) an Affidavit of Notice to Creditors with the chancery court stating that all known creditors have been notified.


More Definitions of Known Creditors

Known Creditors means creditors whose identity and where abouts are known to, or with due diligence could be discovered by, the company;
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Known Creditors means (i) those Creditors to whom the Canadian Petitioners or Partnerships owed money as of the Canadian Filing Date, which obligation remains unpaid in whole or in part as evidenced by the books and records of the Canadian Petitioners and Partnerships; and (ii) those Creditors with Subsequent Claims;
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Known Creditors means those Creditors who, to the Monitor’s knowledge, are the holders of an Applicable Claim against the Canadian Petitioners or Partnerships.
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Known Creditors means creditors whose identity and whereabouts are known to, or with due diligence could be discovered by, the company;
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Known Creditors means any Persons which the books and records of the Debtor disclose were owed money or claim to be owed money as of the Filing Date, which obligation remains unpaid in whole or in part, other than Persons with an Excluded
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Related to Known Creditors

  • 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);

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

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

  • 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;

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition 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.

  • 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;

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

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

  • Senior Agent has the meaning specified therefor in the Recitals hereto.

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

  • 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.

  • 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.

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

  • Creditors Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102(a) of the Bankruptcy Code.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and 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.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

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

  • Finance Parties means the Facility Agent, the Arrangers, the Bookrunners, the Security Trustee, the Lenders, the holders of any Senior Secured Notes and the trustees and/or agents in respect of any Senior Secured Notes and “Finance Party” means any of them.

  • Senior Lender means each holder of a Senior Note.

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

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

  • Lead Agent has the meaning given to it above;

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

  • DIP Lender means a lender under the DIP Facility.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.