Related Creditors definition

Related Creditors means any company the majority of the shares of which are owned by a Debtor or that owns the majority of the shares of a Debtor;
Related Creditors means, with respect to (a) the Refinancing Lender Agent, the Refinancing Lender Parties, (b) the New Money Lender Agent, the New Money Lenders, (c) the Springdale Lender Agent, the Springdale Lenders, (d) the Indenture Trustee, the Amended Note Noteholders and (e) any Replacement Senior Debt Agent, the Replacement Lenders holding or owed any of the Replacement Senior Debt issued pursuant to the Replacement Senior Debt Agreement to which such Replacement Senior Debt Agent is a party.
Related Creditors means, with respect to (a) the New Money Lender Agent, the New Money Lenders, (b) the Refinancing Lender Agent, the Refinancing Lenders and the Refinancing Issuing Bank, (c) the Springdale Lender Agent, the Springdale Lenders, (d) the Indenture Trustee, the Noteholders and (e) the AYE Lender Agent, the AYE Lenders and the AYE Issuing Bank.

Examples of Related Creditors in a sentence

  • All claims and rights of the Related Creditors, Plaintiffs, Disputed Creditors and Deferred Creditors against the Company will not be discharged, extinguished, or compromised in any way, and will continue in full force and effect against the Company following effectuation of the DOCA.

  • The Related Creditors, Plaintiffs, Disputed Creditors and Deferred Creditors will not be permitted to participate in the Deed Fund or the Creditors' Trust Fund.

  • Secured Creditor No. 1Secured Creditor No. 2Secured Creditor No. 3 Related Creditors - If you are unsure whether a creditor is related, please refer to the information sheet accompanying this form before answering this question.

  • Here, we are dealing with the situation where the Related Creditors are not the wholly-owned subsidiaries of the scheme creditor.

  • Related Creditors shall not be entitled to receive any distributions, payments or benefits under this Scheme or vote at any General Meeting, and the Company shall be completely and absolutely released and discharged from all Related Creditor Claims on and from the Effective Date.

  • I agreed with the Applicant’s submission that these six Related Creditors ceased to be within the management control of BOHL as they had been placed into a creditors’ voluntary liquidation on 16 August 2021.37 The decision by the six Related Creditors on whether to vote for or against the BPS Scheme, therefore, stemmed from an independent decision made by the appointed liquidator who owed duties to the creditors of the respective companies.

  • The President, orSECTION B: COMMITTEESthe person he has designated to chair the committee, shall assign the balance of the committee.505.

  • Regarding the votes of related creditors, the six Related Creditors are also the indirect wholly-owned subsidiaries of BOHL (just like BPS), and 36 Ng’s 1st Affidavit, Exhibit NCH-7, at p 80.

  • In respect of the mortgage in favour of the Related Creditors, the Proposal Trustee has not completed a review of all advances purportedly made under that mortgage.

  • All claims and rights of the Related Creditors, Plaintiffs and Deferred Creditors against the Company will not be discharged, extinguished, or compromised in any way, and will continue in full force and effect against the Company following effectuation of the DOCA.

Related to Related Creditors

  • 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;

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

  • 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.

  • 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);

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

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

  • 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;

  • 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.

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • 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.

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

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

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

  • Note Parties means, collectively, the Company and each Guarantor.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Senior Lender means each holder of a Senior Note.

  • 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.

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

  • Guaranteed Parties means (a) each Lender, (b) each Issuing Bank, (c) the Administrative Agent, (d) each Joint Bookrunner, (e) each Person to whom any Guaranteed Cash Management Obligations are owed, (f) each counterparty to any Swap Agreement the obligations under which constitute Guaranteed Swap Obligations, (g) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (h) the permitted successors and assigns of each of the foregoing.

  • Debtor means a person who is liable on a claim.

  • 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).

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

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

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Senior Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.