Affected Creditor definition

Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

Affected Creditor means any Creditor with an Affected Claim, but only with respect to and to the extent of such Affected Claim.

Affected Creditor means any Creditor holding an Affected Claim, including a Non-Filed Affiliate holding an Affected Claim and a CCAA Party holding an Affected Claim;

Examples of Affected Creditor in a sentence

• Each Affected Creditor other than a Debentureholder in respect of its Debentureholder Claim shall be entitled to a single vote valued in the full amount of its Proven Claim.

• After the Proposal Implementation Date, each Affected Creditor shall be entitled to receive direct registration statement advices evidencing the New Common Shares, or certificated New Common Shares which have been issued to such Affected Creditor, in the amounts provided for in Section 2.02.

• Each Affected Creditor other than a Debentureholder in respect of its Debentureholder Claim will be required to submit a proof of claim to the Proposal Trustee.

• All amounts paid or payable hereunder on account of the Affected Creditor Claims (including, for greater certainty, any securities received hereunder) shall be applied as follows: (i) first, in respect of the principal amount of the Affected Creditor Claim, and (ii) second, in respect of the accrued but unpaid interest on the Affected Creditor Claim.

• A quorum shall be constituted for the Creditors' Meeting or any adjournment thereof if there is one Affected Creditor, entitled to vote, present in person (virtually) or by proxy, or if one Affected Creditor, entitled to vote, has submitted a voting letter in accordance with the provisions of the BIA and this Proposal.

More Definitions of Affected Creditor

Affected Creditor means the holder of an Affected Claim in respect of and to the extent of such Affected Claim;

Affected Creditor means a holder of an Affected Claim;

Affected Creditor means any Creditor holding an Affected Claim, including a Sears Canada Entity holding an Affected Claim;

Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares by exercise of a write down or conversion power;

Affected Creditor means any Secured Creditor that has a Lien attaching to some or all of the Transaction Assets that ranks in priority to any other Lien attaching to such Transaction Assets, including to the Security Interests in favour of ATB and Fiera;

Affected Creditor means any Creditor having an Affected Claim.

Affected Creditor means a Creditor with an Affected Claim.