Pari Passu Creditors definition

Pari Passu Creditors means creditors of the Issuer whose claims rank, or are expressed to rank pari passu with, the claims of the Noteholders including holders of Pari Passu Securities;

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Pari Passu Creditors means the lenders or other creditors in respect of any Pari Passu Debt and the Pari Passu Debt Representative(s).

Pari Passu Creditors means creditors of the Issuer whose claims rank, or are expressed to rank, pari passu

Examples of Pari Passu Creditors in a sentence

We further refer to clause 22.3 (Change of Senior Lender, Pari Passu Creditors, Second Lien Lender and Noteholders) of the Intercreditor Agreement.
Prior to the Final Discharge Date, the Intra-Group Lenders may not take, accept or receive the benefit of any Security, guarantee, indemnity or other assurance against loss in respect of the Intra-Group Liabilities unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.
Required Pari Passu Creditors may (after having consulted with the Parent), by notice to the Common Security Agent, require it to resign in accordance with paragraph (b) above.
Pari Passu Creditors) it shall upon receiving that notice, notify, and send a copy of that notice to, each Creditor Representative, NAC DAC and NAC 29.
None of the Pari Passu Creditors will be liable to any other Creditor, or Debtor for any Consent given or deemed to be given under this Clause 20.

More Definitions of Pari Passu Creditors

Pari Passu Creditors means creditors in respect of securities or other obligations of the Issuer which, by their terms, rank or are expressed to rank pari passu with the Notes in a winding-up, liquidation or other return of capital prior to the occurrence of a Trigger Event (including, without limitation, shares of any class which may be issued or deemed to be in issue for the time being in the capital of the Issuer which, by their terms, rank or are expressed to rank pari passu with the Notional Preference Shares in a winding- up, liquidation or other return of capital).

Pari Passu Creditors means any Hedge Counterparty (other than any Super Senior Hedge Counterparty), the Bondholders, Bond Trustee, the bondholders under OKEA04 and any Permitted Additional Secured Bond Issues and the bond trustee in respect thereof.

Pari Passu Creditors means the Bondholders, the Bond Trustee and each other creditor which pursuant to section "Ranking and priority" above shall rank (a) in right and priority of payment and (b) in respect of any Guarantee and Transaction Security pari passu with the Bondholders and the Bond Trustee and without any preference between them.

Pari Passu Creditors is defined in the Preamble and includes their successors and assigneds.

Pari Passu Creditors means the Pari passu Lenders and the Hedge Counterparties (to the extent of their Pari passu Hedging Liabilities).

Pari Passu Creditors means (a) each Senior Secured Note Creditor; (b) each Bilateral Bonding Creditor; and (c) each other creditor representative in relation to any Pari Passu Liabilities, each other Noteholder and each other Pari Passu Lender.

Pari Passu Creditors means the Bondholders and the Bond Trustee.