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 Creditors means the Senior Agent, the Senior Lenders and any other Person who holds Senior Indebtedness.
Senior Creditors means (a) all unsubordinated creditors of Intesa Sanpaolo; (b) all creditors of Intesa Sanpaolo whose claims are, or are expressed to be, subordinated to the claims of unsubordinated creditors of Intesa Sanpaolo, but not further or otherwise including, for the avoidance of doubt, all claims of existing and future holders of the Intesa Sanpaolo Lower Tier II Subordinated Notes (“Passività Subordinate” within the meaning ascribed to such expression by the Bank of Italy Regulations) and Tier III Subordinated Notes; and (c) all other creditors of Intesa Sanpaolo except the holders of the Intesa Sanpaolo Upper Tier II Subordinated Notes and the holders of the related Coupons and the Trustee in relation to their claims in respect of the Intesa Sanpaolo Upper Tier II Subordinated Notes and of the related Coupons and creditors whose claims rank, or are expressed to rank, pari passu with or junior to such claims.
Examples of Senior Creditors in a sentence
Until the payment in full of all the Senior Debt, the Subordinated Lender waives (i) any right to request any adequate protection in respect of its Liens, (ii) any right to object to any award of adequate protection to the Senior Creditors, and (iii) any right to seek relief from the automatic stay in any Insolvency Proceeding.
More Definitions of Senior Creditors
Senior Creditors means (a) depositors of the Issuer and (b) all unsubordinated creditors of the Issuer (including, inter alia, holders of Senior Preferred Notes) other than creditors in respect of any Non-Preferred Parity Securities and any Statutory Non-Preferred Claims, if any.
Senior Creditors means creditors of the Issuer (including the Issuer’s depositors) other than those whose claims rank or are expressed to rank pari passu with or junior to the claims of the holders of the Subordinated Notes.
Senior Creditors means, in relation to an issue of Undated Subordinated Instruments, creditors of the Issuer:
Senior Creditors means the Senior Lenders and the Hedge Counterparties.
Senior Creditors means creditors of the Company whose claims are admitted to proof in the winding up, liquidation, administration or other insolvency procedure of the Company and who are unsubordinated creditors of the Company.
Senior Creditors means (a) creditors of the Issuer whose claims are admitted to proof in the winding up or administration of the Issuer and who are unsubordinated creditors of the Issuer; and (b) 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 rank or are expressed to rank pari passu with, or junior to, the claims of the Holders);
Senior Creditors means creditors of the Issuer: