Third Party Creditors definition

Third Party Creditors means, in relation to a Relevant Hong Kong Lehman Entity In Liquidation, all persons or entities asserting a claim or other right to payment from a Relevant Hong Kong Lehman Entity In Liquidation in its Hong Kong Proceedings that are not, and at no time were, Affiliates of any US Debtor or Affiliates of any Hong Kong Lehman Entity In Liquidation.
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Third Party Creditors shall have the meaning set forth in Section 13.1 of this Agreement.
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Third Party Creditors has the meaning ascribed to it in Section 4(b)(6).
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Examples of Third Party Creditors in a sentence

  • Nonetheless, there remains the risk that the Issuer may incur unexpected expenses payable to Connected Third Party Creditors (which rank ahead of all other items in each of the Priorities of Payments) which means that the funds available to the Issuer for purposes of fulfilling its payment obligations under the Notes could be reduced.

  • When a Short Sale is disclosed, the listing Participant is communicating to other Participants the facts that the sale and gross commission are subject to approval by Third Party Creditors and that the gross commission may be reduced by Third Party Creditors as a condition of approving the sale.

  • In addition, the local government parties, in consultation with the Tribe, will develop procedures for land use matters as part of this Agreement.

  • The Defendants then did not repay the Third Party Creditors all the monies that were due.

  • Brand1516 attitudes are defined as “relative enduring, unidimensional summary evaluation of the brand that1718 presumably energizes behaviour” (Spears and Singh, 2004, p.

  • The Defendants knew at the time they made the representation that Plaintiff’s credit would not improve because the Defendants were not going to be timely repaying the Third Party Creditors.

  • In 2015, the Defendants orally represented to the Plaintiff that the Defendants would repay all the Loans to the Third Party Creditors.

  • The learned Judge was of the view that the information was material to determine the credibility of the transaction in light of them being the related parties to the appellant.[17] On appeal to the Court of Appeal, having considered the evidence, it was decided that the composition of the class of creditors comprising the Third- Party Creditors and the Hatten Group Scheme Creditors in a single class of the scheme creditors was unfair, uneven, and downright lop-sided.

  • The parties further orally agreed that although the Plaintiff would be liable to the Third Party Creditors for the Loans, the Defendants, would timely repay all Loans so that the Plaintiff would not have to pay any of the Loans.

  • Any surplus might be seen as a windfall in which they have no interest.


More Definitions of Third Party Creditors

Third Party Creditors means together, the Plan Third Party Creditors, the Non-Plan Third Party Creditors and “Third Party Creditor” shall mean any one of them (as the context requires);
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Related to Third Party Creditors

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Third party claimant means any individual, corporation, association, partnership, or other legal entity asserting a claim against any individual, corporation, association, partnership, or other legal entity insured under an insurance policy or insurance contract.

  • Third-Party Lender means an entity that originated a loan to a consumer for the purchase of a motor vehicle and sold the loan to AmeriCredit or an Originating Affiliate pursuant to an Auto Loan Purchase and Sale Agreement.

  • Third Party IP Claim has the meaning given to it in clause E8.7 (Intellectual Property Rights).

  • Third Party Claim has the meaning set forth in Section 7.05(a).

  • Third Party Action means any suit or proceeding by a person or entity other than a Party for which indemnification may be sought by a Party under Article VI.

  • Third Party Infringement has the meaning set forth in Section 5.1.

  • Third Party Infringement Claim has the meaning set forth in Section 5.4.

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Infringement Action has the meaning set forth in Section 9.6(b).

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Opposing Party means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Xxxxxxxx has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Xxxxxx’s judgment, could result in forfeiture of the Property or other material impairment of Xxxxxx’s interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Xxxxxx’s judgment, precludes forfeiture of the Property or other material impairment of Xxxxxx’s interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Xxxxxx’s interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • Third Person Claim has the meaning specified in Section 11.4(a).

  • Third Party Data has the meaning set forth in Section 9.3(a).

  • Third Party Providers or “TPPs” means any payment service provider that provides payment services to you or someone else that concerns the Account, for example, an AISP (described in Clause 1(c) below).

  • Third Parties means all lessees, sublessees, licensees and other users of the Properties, excluding those users of the Properties in the ordinary course of the Borrower's business and on a temporary basis.

  • Third Party Content means all software, data, text, images, audio, video, photographs and other content and material, in any format, that are obtained or derived from third party sources outside of Oracle that You may access through, within, or in conjunction with Your use of, the Services. Examples of Third Party Content include data feeds from social network services, rss feeds from blog posts, Oracle data marketplaces and libraries, dictionaries, and marketing data. Third Party Content includes third-party sourced materials accessed or obtained by Your use of the Services or any Oracle-provided tools.

  • Third Party Provider means licensors, subcontractors and suppliers of BNYM furnishing the Third Party Products.

  • Third-party payer means an entity that is, by

  • Third Party Contractor as used in the Student Data Protection Act and “Operator” as used in COPPA. De-Identified Information (DII): De-Identification refers to the process by which the Contractor removes or obscures any Personally Identifiable Information (“PII”) from Education Records in a way that removes or minimizes the risk of disclosure of the identity of the individual and information about them.

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • Third Party Liability means the liability of ARTC and/or the Operator to any third party (not being a related entity as defined in the Corporations Act 2001) who suffers any personal injury, property or economic loss or damage as a consequence of an Incident.

  • third party proceeding means any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation.

  • Third Party IPR means any Intellectual Property Rights not belonging to either party to this Agreement but used by the Supplier in the creation of the Deliverables and/or in the course of or in connection with the Project.

  • Third Party IP means the Intellectual Property Rights of any third party that is not a party to this Contract, and that is not a Subcontractor.