Scheme Creditor definition

Scheme Creditor means each person who holds a Scheme Claim as at the Record Date.

Scheme Creditor means a creditor or class of creditors of a cooperative to whom the scheme is to apply.

Scheme Creditor. ’ means a creditor of the Company in respect of a Scheme Claim;

Examples of Scheme Creditor in a sentence

• MMI has been in run-off since 1992 and the Council, like many other local authorities, is a Scheme Creditor of MMI.

• Publication and delivery in terms of that Court Order constituted delivery to every Scheme Creditor.

• The Scheme Administrators consider that the Schemes, in conjunction with the English Schemes, allow more efficient agreement of Scheme Creditor claims, earlier distribution of funds to Scheme Creditors, and earlier final closure of each insolvency.

• The Scheme Creditor shall not seek to rely on such an order, judgment, decision or award to evidence a Scheme Claim and shall have no right to enforce the order, judgment, decision or award.

• Accordingly, every Scheme Creditor is encouraged to vote in favour of, and otherwise support, this Proposal.

More Definitions of Scheme Creditor

Scheme Creditor has the meaning given to it in the Explanatory Statement;

Scheme Creditor means the Pension Scheme Trustees;

Scheme Creditor means a person with a beneficial interest as principal in the Old Notes held in global form or global restricted form through the Clearing Systems as at the Record Time and which has a right, upon satisfaction of certain conditions, to be issued definitive notes in accordance with the terms of the Old Notes and the Old Notes Indenture.

Scheme Creditor has the meaning given to that term in the Scheme. "Settlement Account" has the meaning given to that term in the Scheme. "Termination Date" has the meaning given to that term in the Scheme. "Third Party" means a person other than LFSL.

Scheme Creditor means a Creditor in respect of a Scheme Claim;

Scheme Creditor means in respect of the Scheme, a legal or natural person who has, or who claims to have, Provable Claims (including, for the avoidance of doubt, any Admitted Claim whether unpaid or paid in full or in part);

Scheme Creditor means a person with a beneficial interest as principal in the Notes