Creditors Rights Laws definition

Creditors Rights Laws means any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors.
Creditors Rights Laws means with respect to any Person any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, assignment for the benefit of creditors, composition or other relief with respect to its debts or debtors.
Creditors Rights Laws has the meaning set forth in Section 4.2(a) hereof.

Examples of Creditors Rights Laws in a sentence

  • No Borrower Party is contemplating either the filing of a petition by it under any Creditors Rights Laws or the liquidation of its assets or property and Borrower has no knowledge of any Person contemplating the filing of any such petition against any Borrower Party.

  • In the last ten (10) years, no (i) petition in bankruptcy has been filed by or against any Borrower Party and (ii) Borrower Party has ever made any assignment for the benefit of creditors or taken advantage of any Creditors Rights Laws.

  • No proceeding under Creditors Rights Laws with respect to any Borrower Party has been initiated.

  • Robinson, David Shambaugh (eds.) Chinese Foreign Policy: Theory and Practice (Oxford: Clarendon Press, 1994), p.

  • Until an allegation is substantiated, all proceedings are to take place in the strictest confidentiality.


More Definitions of Creditors Rights Laws

Creditors Rights Laws shall have the meaning set forth in Section 3.1.24(d) hereof.
Creditors Rights Laws shall have the meaning assigned to such term in Section 2.1(h) hereof.
Creditors Rights Laws means with respect to any Person any existing or future law of any applicable jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors.
Creditors Rights Laws will have the meaning given to it in Section 5.b. hereof.
Creditors Rights Laws means any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors. “Crowdfunded Person” shall mean a Person capitalized primarily by monetary contributions (i) of less than $35,000 each from more than 35 investors who are individuals or (ii) which are funded primarily (A) in reliance upon Regulation Crowdfunding promulgated by the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended and/or (B) through internet-mediated registries, platforms or similar portals, mail-order subscriptions, benefit events and/or other similar methods. “Debt” shall mean the outstanding principal amount set forth in, and evidenced by, this Agreement and the Note together with all interest accrued and unpaid thereon and all other sums (including the Minimum Interest Payment, Exit Fee and Breakage Costs, if applicable) due to Lender in respect of the Loan under the Loan Documents. “Debt Service” shall mean, with respect to any particular period of time, scheduled principal (if applicable) and interest payments hereunder. “Debt Service (Combined)” shall mean, with respect to any particular period of time, the sum of (A) Debt Service and (B) the Senior Loan Monthly Debt Service and all other sums (including, without limitation, any accelerated principal balance) due under the Senior Loan. “Debt Service Coverage Ratio (Combined)” shall mean the ratio calculated by Lender of (i) the Underwritable Cash Flow to (ii) the aggregate amount of Debt Service (Combined) which would be due for the twelve (12) month period immediately succeeding the date of calculation; provided, that, the foregoing shall be calculated by Xxxxxx assuming that each of the Loan and the Senior Loan will be in place for the entirety of said period.
Creditors Rights Laws. Limitations on enforceability as may result from bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors’ rights generally from time to time in effect and from the application of general principles of equity and from public policy limitations on the exercise of any rights to indemnification and contribution. Disclosure Counsel: . DTC: The Depository Trust Company. Effective Date and Time: The date and time that this Agreement is effective, as set forth on the first page of the BPA Terms and Acceptance.
Creditors Rights Laws means with respect to any Person, any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy,