Other Secured Creditors definition

Other Secured Creditors means the Agents, the Security Agent, the Calculation Agent, any Receiver, the Cover Monitor, the Offshore Account Bank, the Covered Bond Calculation Agents, the Insurers and (other than the Covered Bondholders, the Receiptholders, the Couponholders, the Talonholders and the Hedging Counterparties) any other creditor of the Issuer having the benefit of the Transaction Security in accordance with the Turkish Covered Bonds Law or pursuant to any Transaction Document entered into by the Issuer in the course of the Programme. To the extent that the Issuer has not provided sufficient Additional Cover in the manner described in Article 29 of the Covered Bonds Communiqué, the Other Secured Creditors will not be permitted to have recourse to the Cover Pool and (except to the extent of any applicable Non-Statutory Security available to such Other Secured Creditors pursuant to the Transaction Documents and, with respect the Reserve Fund Secured Creditors, except with respect to the Agency Account) their claims will rank pari passu with the other unsecured creditors of the Issuer. See “-Ranking of the Covered Bonds.”
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Other Secured Creditors means Secured Creditors other than the Lenders.
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Other Secured Creditors has the meaning set forth in SECTION 2.3(a)(ii).
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Examples of Other Secured Creditors in a sentence

  • The Collateral (relating to the Notes) is exclusively available to satisfy the rights of the Noteholders (in accordance with the terms and conditions set out in these Issue Terms) and the rights of the Other Secured Creditors whose claims have arisen at the occasion of the creation, the operation or the liquidation of Compartment 2015-10, as contemplated by the Articles.

  • As at the date of filing, no amounts are outstanding under Ben Moss’s agreements with the Other Secured Creditors.

  • Additionally, the cash flows (discussed below) provide for the continued payment of the amounts owing under Ben Moss’s agreements with the Other Secured Creditors going forward.

  • As at the date of filing, no amounts are outstanding under the agreements with the Other Secured Creditors.

  • It is anticipated that the Other Secured Creditors will not be negatively impacted by the extension of the stay of proceedings to JSN Inc.

  • However, if Additional Cover has been provided, then the CMB may determine that the Other Secured Creditors have a pari passu claim over such Additional Cover, in which case the Other Secured Creditors would be able to claim alongside Covered Bondholders, Couponholders and Hedging Counterparties in respect of such Additional Cover.

  • As such, it is anticipated that the Other Secured Creditors will remain unaffected by Ben Moss’s filing for protection under the CCAA.

  • Conflict between Noteholders and other Secured Creditors So long as any of the Notes are outstanding, the Trustee shall not have regard to the interests of the Other Secured Creditors, subject to the Conditions.

  • To the extent that the Issuer has not so provided Additional Cover, the Other Secured Creditors will not be permitted to have recourse to the Cover Pool and their claims will rank pari passu with the other unsecured creditors of the Issuer.

  • Additionally, no amounts are past due under Ben Moss’s agreements with the Other Secured Creditors and the cash flows anticipate continuing to pay them in the ordinary course.


More Definitions of Other Secured Creditors

Other Secured Creditors means Secured Creditors other then the Lenders.
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Other Secured Creditors means Kxxx, Aspen, and Samsung.
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Other Secured Creditors means Hayfin, the Keppel Parties, the USD100m Lenders and the USD450m Lenders.
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Other Secured Creditors means all of Sofame’s secured creditors with rights in the Assets (other than the Noteholders) as of the date hereof, being those listed in Schedule C.
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Other Secured Creditors means Kxxx, XGS II and Samsung.
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Other Secured Creditors means any Persons, other than a Lender, which is owed any Obligations by the Loan Parties.
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Related to Other Secured Creditors

  • Other Secured Claim means any Secured Claim other than an Administrative Claim, Secured Tax Claim, DIP Facility Claim, or Prepetition Credit Agreement Claim.

  • Other Secured Claims means any Secured Claim against the Debtors that is not an Administrative

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

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • 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.

  • Issuer Secured Obligations means the Insurer Issuer Secured Obligations and the Trustee Issuer Secured Obligations.

  • Trustee Issuer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Trustee or the Trust Collateral Agent for the benefit of the Noteholders under this Indenture, the Notes or any Basic Document.

  • Other Security means any security acceptable to the commissioner other than security meeting the definition of Primary Security.

  • Notes Secured Parties means the Trustee, the Notes Collateral Agent and the Holders of the Notes.

  • Exercise Any Secured Creditor Remedies or “Exercise of Secured Creditor Remedies” shall mean:

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Other Securitization Any commercial mortgage securitization trust that holds a Serviced Pari Passu Companion Loan or any successor REO Mortgage Loan with respect thereto.

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit 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 Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Other Securitization Trust Any “issuing entity” (within the meaning of Item 1101(f) of Regulation AB) that holds a Serviced Companion Loan or successor REO Companion Loan (or any portion thereof or interest therein), as identified in writing to the parties to this Agreement.

  • Senior Secured Credit Agreement means the Amended and Restated Credit Agreement dated as of July 31, 2008 among the Company, as Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, and the lenders parties thereto from time to time, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 1111).

  • Second Priority Secured Parties means the Second Priority Representative, the Second Priority Creditors and any other holders of the Second Priority Obligations.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

  • Guaranteed Creditors means and include each of the Agent, the Collateral Agent, the Banks and each party (other than any Credit Party) party to an Interest Rate Protection Agreement or Other Hedging Agreement to the extent such party constitutes a Secured Creditor under the Security Documents.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Unsecured Creditor means the holder of an Unsecured Claim.

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

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.