ICD Creditors definition

ICD Creditors means the loans and advances extended by corporate entities (not being Financial Creditors or Operational Creditors) to JBF Petro or the Petitioner Company (as the case may be), the details and proportion of which, as at July 31, 2018, are laid down in ScheduleD hereto;
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Examples of ICD Creditors in a sentence

  • The ICD Creditors Advances, as on the Cut Off Date have a total outstanding of Rs. 44.39Crores, which shall be converted into ordinary equity shares of the Petitioner Company, in accordance with the provisions of the Act, regulations issued by the Securities and Exchange Board of India and other applicable laws.

  • The ICD Creditors and the holders of the warrants in the Company issued to the ICD Creditors (and/or other parties) (the “Warrants”) pursuant to the subscription agreements between the ICD Creditors and the Company (the “ICD Subscription Agreements”) shall release the Company in respect of any redemption premium, make-whole amount, or adjustment rights under the ICD Facilities and the Warrants.

  • Although the discount appears to be substantial, it should be noted that pursuant to the terms of the Proposed Restructuring agreed with the ICD Creditors at the time the Term Sheet Dated 24 January 2017 was entered into on 24 January 2017.

  • This suggests that kinship increases the relative power of buyers in joint decisions.

  • As set out in Section 3.2(a) of this Circular, the Creditors’ Rebalancing Exercise involves an assignment of existing debt held by the ICD Creditors, the Other DE Conversion Persons and the Directors to the New Investors.

  • By way of the Intercreditor Deed, the Company had also pledged all of its assets in its PRC Subsidiaries to the ICD Creditors.

  • The ICD Creditors, the Other DE Conversion Persons and the Directors will assign a part of its outstanding debt owing by the Company to the New Investors (the “Creditors’ Rebalancing Exercise”).

  • The panel wasn’t able to fully engage on the underpinnings of the approach until the second day (after we received some auxiliary information from the research team [5]).

  • The ICD Creditors are creditors of the Company under the ICD Facilities.

  • The ICD Creditors, the Other DE Conversion Persons, the Directors and the New Investors shall not sell, grant options over, transfer, charge, pledge or dispose of or enter into any agreement to dispose of any of the DE Conversion Shares for a period of six (6) months from the date the DE Conversion Shares are admitted to the Mainboard of the SGX-ST.

Related to ICD Creditors

  • 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);

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Debtors has the meaning set forth in the Recitals.

  • Guaranteed Creditors means and include each of the Agent, the Collateral Agent, the Banks and each party (other than any Credit Party) party to an Interest Rate Protection Agreement or Other Hedging Agreement to the extent such party constitutes a Secured Creditor under the Security Documents.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.

  • Senior Creditor means a holder or holders of Senior Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Obligations covered hereby, the Initial Second Priority Representative and (ii) in the case of any other Second Priority Debt Facility, the Second Priority Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • Junior Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.

  • Senior Representative means, with respect to any series of Permitted First Priority Refinancing Debt, Permitted Second Priority Refinancing Debt or other Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Secured Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Hedge Banks, the Cash Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral Documents.

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition Credit Agreement.

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • Claimholders means each of the First Lien Claimholders and the Second Lien Claimholders.