Secured Creditor definition

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

Secured Creditor means the holder of a Secured Claim.

Secured Creditor means any Deed Company Creditor who holds any mortgage, charge (including floating charge), pledge, lien or other security in respect of their Deed Company Claim over property of the Deed Company;

Examples of Secured Creditor in a sentence

• Neither the Trustee nor the Calculation Agent shall have any obligation, responsibility or liability for giving or not giving any notice thereof to the Issuer or any Secured Creditor.

• If the dues of the Secured Creditor secured by the Secured Assets put up for sale together with all costs, charges and expenses incurred by Arcil are tendered to the satisfaction of Arcil by or on behalf of the Borrower or guarantor(s) at any time before the date fixed for sale or transfer of the Secured Assets, the assets in question shall not be sold or transferred.

• Accordingly, we are aware that the sale proceeds shall be appropriated by Arcil only towards the dues of Secured Creditor (as defined under Securitisation Act) in accordance with the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 or other applicable laws and shall not be subject to any other dues, liabilities, encumbrances including but not limited to mentioned hereinabove.

• We have gone through and analysed the liabilities, encumbrances and dues known to Arcil as a Secured Creditor, to the best of its knowledge which have been disclosed in the terms and conditions enclosed herewith.

• Any Secured Creditor that has a claim in respect of more than one Secured Payment Obligation may rank differently in respect of each Secured Payment Obligation.

More Definitions of Secured Creditor

Secured Creditor means a creditor in favour of whom security interest is created;

Secured Creditor means a person holding a mortgage charge or lien on the property of the debtor, or any part thereof, as a security for a debt due to him from the debtor;

Secured Creditor means each person that is entitled to the benefit of Secured Payment Obligations.

Secured Creditor means each person that is entitled to the benefit of Secured Issuer Obligations.

Secured Creditor means any Creditor holding a Secured Claim.

Secured Creditor. , in relation to a company, means a person entitled to a charge on or over property owned by that company;

Secured Creditor means a person who holds a mortgage, hypothec, pledge, charge, lien, security interest, encumbrance or privilege on or against property, but does not include a person who has taken possession or control of the property; (“créancier garanti”)