Scheme Creditors definition

Scheme Creditors means creditors of the Issuer whose claims against the Obligors are (or will be) the subject of the Cayman Scheme.

Scheme Creditors means the creditors of the Issuer and Marconi plc in respect of the Restructuring.

Scheme Creditors means the creditors or class of creditors of a co-operative to whom the Scheme would apply.

Examples of Scheme Creditors in a sentence

• The vast majority of the Scheme Creditors were content with the proposal in the Explanatory Statement that the directors should be left to certify before the Scheme came into effect that there had been no material adverse change.

• The Consent Fee will only be paid and the Scheme Consideration will only be distributed to the Scheme Creditors if the Creditors Scheme becomes effective.

• The Scheme Creditors voted overwhelmingly in favour of the Scheme, notwithstanding that by the date of the meeting the events of September 11th were known to them, and questions were raised about the impact of those events at that meeting.

• The First and Second Lock- up Agreements were on substantially same terms and contain the same terms of the Restructuring.• On 21 August 2022, a meeting of the Scheme Creditors was held with participation and voting (by proxy) of 148 Scheme Creditors.

More Definitions of Scheme Creditors

Scheme Creditors means persons with Scheme Claims.

Scheme Creditors means the Existing Notes Scheme Creditors, the Existing RCF Scheme Creditors and the Other Scheme Creditors.

Scheme Creditors has the meaning as defined in the Explanatory Statement;

Scheme Creditors means, in respect of the Scheme, the creditors under the Indenture as at the Record Time.

Scheme Creditors means the Hong Kong Scheme Creditors and the Cayman Scheme Creditors that hold beneficial interest as principal in any of the Existing Debt Instruments as at the Record Time.

Scheme Creditors. Meeting” means a meeting of Scheme Creditors (other than Luxfer Group Limited) to approve the Noteholder Scheme convened by order of the Court for 9:30 a.m on 23 January 2007, notice of which is set out in Appendix VII to the scheme document, and any adjournment of that meeting;

Scheme Creditors. Resolution” means a resolution of a majority in number of Scheme Creditors (other than Luxfer Group Limited) representing three-fourths in value of the Senior Notes, present and voting either in person or by proxy, at the Scheme Creditors’ Meeting to approve the Noteholder Scheme;