Creditors definition

Creditors. Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102(a) of the Bankruptcy Code.
Creditors means, together, the Arranger, the Agent, the Security Agent, the Account Bank, the Swap Providers and the Banks and “Creditor” means any of them;
Creditors. Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases.

Examples of Creditors in a sentence

  • Each of the Parties agrees that the Liabilities owed by the Debtors to the Creditors pursuant to the Existing 2025 Notes Liabilities, the New 2025 Notes Liabilities and the Junior Notes Liabilities shall rank equally on a pari passu basis.

  • For the purposes of this clause 5, if any Creditor receives or recovers any amount or distribution in the form of Non-Cash Consideration which is subject to clause 5.1 (Turnover by the Creditors) the cash value of that Non-Cash Consideration shall be determined in accordance with clause 10.3 (Cash value of Non-Cash Recoveries).

  • Creditors, mainly banks, always require securities against a risk of default of payment.

  • Any other replacement of the Collateral Agent and/or Intercreditor Agent may occur by direction of the Majority FP Creditors and V.tal.

  • The Issuer Security Trustee and the other Issuer Secured Creditors may take any suit, action or proceeding arising out of or in connection with this Agreement (together referred to as Proceedings) against the Issuer in any other court of competent jurisdiction and concurrent Proceedings in any number of jurisdictions.


More Definitions of Creditors

Creditors voluntary winding up” means a winding up under Division 3 of Part X, other than a members’ voluntary winding up;
Creditors. Committee” means the official committee of unsecured creditors appointed pursuant to section 1102(a) of the Bankruptcy Code in the Chapter 11 Cases on June 6, 2008, as reconstituted from time to time.
Creditors. Committee” means the Official Committee of Unsecured Creditors
Creditors means trade creditors and accrued charges in connection with the Business ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Creditors. Meeting” means any meeting of the Affected Creditors called for the purpose of considering and voting upon the Proposal;
Creditors. Committee” means the creditors’ committee of LTD established pursuant to section 82 of the Regulations;
Creditors. COMMITTEE" means the official committee of unsecured creditors of the Debtors appointed by the United States Trustee in the Reorganization Cases pursuant to section 1102 of the Bankruptcy Code.