Examples of Primary Creditors in a sentence
Variations on a Common Theme: Holding Company Guarantees and Subordinated Primary Creditors The analysis above presents simplified examples of affiliate cross guaran- tees.
Subordinated Primary Creditors The implicit assumption so far has been that the primary creditor holding the selective-enforcement rights is not subordinated to other lenders.
Variations on a Common Theme: Holding Company Guarantees and Subordinated Primary Creditors 2721 1.
Following consideration of those representations, the valuation of the Property was reduced to €281,000.
Each of the Parties agrees that the Senior Liabilities owed by the Debtors to the Primary Creditors shall rank in right and priority of payment (subject to the super senior ranking of the RCF Liabilities and the Hedging Liabilities with respect to the application of proceeds set out in Clause 16 (Application of Proceeds)) pari passu and without any preference between them.