Relevant Creditors definition

Relevant Creditors means the creditors who, if the decision were to be made by a qualifying decision procedure, would be entitled to vote in the procedure.
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Relevant Creditors means each person or legal entity that is a holder of bonds or other debt securities of the Company, traded on a regulated market, an over-the-counter market or otherwise, and with an original maturity in excess of one year.
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Relevant Creditors has the meaning given to it in Clause 18.1(a) (Appointment).
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Examples of Relevant Creditors in a sentence

  • Relevant creditors are those creditors who would be entitled to vote in the event of an alternative decision procedure being used.

  • Each Relevant Creditor should maintain the outstanding credit exposure (including the credit balance of loans on notes, overdrafts, and loans on deeds) as of the date when the Standstill Notice is issued, and should not improve its position against the debtor relative to other Relevant creditors.

  • Relevant creditors will be divided into groups according to their rights (creditors with security over assets of the debtor; employees whose wages, welfare and compensation are unpaid; agencies claiming unpaid taxes; and ordinary creditors) when voting for the draft restructuring plan.

  • Relevant creditors are those whose rights are being affected by the proposed restructuringIn all cases, creditors are not entitled to use any information obtained concerning the debtor’s assets, liabilities, business activities and prospects for purposes other than these negotiations if this information is not available to the public.

  • Relevant creditors will be satisfied at 7% within December 31, 2017 except for BT Italia S.p.A. that will be satisfied at 11 % in two rates: December 31, 2017 and June 30, 2018.


More Definitions of Relevant Creditors

Relevant Creditors means any creditor or claimant in respect of a Relevant Liability;
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Relevant Creditors means creditors of the Issuer (including the Issuer’s policy owners) other than those whose claims are expressed to rank pari passu or junior to the claims of the holders of the Subordinated Notes;
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Related to Relevant Creditors

  • 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);

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

  • Relevant Claim means a civil claim made in respect of any of the following—

  • 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;

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

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

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

  • 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;

  • 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.

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.

  • 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.

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

  • Insolvency Official means, in respect of any company, a liquidator, provisional liquidator, administrator (whether appointed by the court or otherwise), administrative receiver, receiver or manager, nominee, supervisor, trustee in bankruptcy, conservator, guardian, the Viscount or other similar official in respect of such company or in respect of all (or substantially all) of the company's assets or in respect of any arrangement or composition with creditors or any equivalent or analogous officer under the law of any jurisdiction.

  • Senior Lender means each holder of a Senior Note.

  • Prior Lenders means, collectively, the lenders party to the Prior Credit Agreement.

  • Reinsured Liabilities means the General Account Liabilities and the Separate Account Liabilities.

  • Debtors has the meaning set forth in the Recitals.

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

  • Creditor Party means the Agent, the Security Trustee or any Lender, whether as at the date of this Agreement or at any later time;

  • relevant proceedings means proceedings for contempt of court or proceedings under Schedule 2 to the Anti-social Behaviour, Crime and Policing Act 2014;

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Finance Parties means the Facility Agent, the Arrangers, the Bookrunners, the Security Trustee, the Lenders, the holders of any Senior Secured Notes and the trustees and/or agents in respect of any Senior Secured Notes and “Finance Party” means any of them.

  • Creditor Representative means, with respect to Series 2021-1, the Indenture Trustee.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Creditors Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102(a) of the Bankruptcy Code.