Ordinary Creditors definition

Ordinary Creditors means Creditors with Proven Claims, except for those Claims that:
Ordinary Creditors means creditors of the Issuer except creditors in respect of Subordinated Indebtedness;
Ordinary Creditors means the holders of non-preferred, unsecured claims against the Debtor under Dutch law.

Examples of Ordinary Creditors in a sentence

  • For greater certainty, the CMI Entities and the Monitor shall not recognize partial transfers or assignments of Claims by Ordinary Creditors or Convenience Class Creditors.

  • Each Affected Creditor with an Ordinary Creditors Proven Voting Claim shall be entitled to one vote as a member of the Ordinary Creditors Class, which vote shall have a value equal to the dollar value of its Ordinary Creditors Proven Voting Claims.

  • Subject to Section 3.11, each Affected Creditor of a Plan Entity (other than a Noteholder) holding an Unresolved Claim shall be entitled to attend the Ordinary Creditors Meeting and shall be entitled to one vote at such Meeting.

  • Each Convenience Class Creditor with a Proven Voting Claim shall be deemed to vote in favour of the Plan in respect of its Convenience Class Claim as a member of the Ordinary Creditors Class, which vote shall have a dollar value equal to the lesser of $5,000 and the actual dollar value of such Convenience Class Creditor’s Proven Voting Claim.

  • For purposes of voting on the Plan, Convenience Class Creditors shall be deemed to be in, and shall be deemed to vote in and as part of, the Ordinary Creditors Class.


More Definitions of Ordinary Creditors

Ordinary Creditors means Creditors with Proven Claims, except those who are:
Ordinary Creditors means those Affected Creditors of the Plan Entities who are not Noteholders and do not have a Convenience Class Claim, which for greater certainty includes all Creditors having Claims against one or more of the Directors and Officers.
Ordinary Creditors means creditors of the Company except creditors in respect of Subordinated Indebtedness and creditors in respect of debt securities with no maturity issued pursuant to an indenture of even date herewith between the Company and The Bank of New York as trustee.
Ordinary Creditors means Persons holding Ordinary Claims.
Ordinary Creditors means those persons with claims that are proved in respect of debts and liabilities present or future to which the Debtor was subject at the Proposal Date or to which it may become subject by reason of any obligations incurred before the Proposal Date, except for those claims;
Ordinary Creditors means those creditors of the Company and/or the Hong
Ordinary Creditors means those creditors of the Company as at Completion other than the