Examples of Participating Creditor in a sentence
Provide and install data loggers to monitor and record data as may be required by the Functional Performance Tests.
Under the terms of the DCA, each amount (in whole and not in part) owing by the Group to a Participating Creditor shall be converted into Conversion Shares at the Conversion Price.
The debts owing by the Company to each Participating Creditors will be applied to set off against the aggregate Conversion Price for the Conversion Shares payable by that Participating Creditor.
Consequently, the Government of the Republic of Ruritania commits to accord all categories of creditors – and in particular creditor countries not participating in the present Agreed Minute, commercial banks and suppliers – a treatment not more favourable than that accorded to the Participating Creditor Countries’.
To the extent that there is insufficient value available in the Unsecured Distribution Pool to satisfy in full all Allowed Claims in the Participating Creditor Classes pursuant to this Plan, the resulting shortfall in distributable value shall result in the Shortfall Adjustment.