Other Secured Creditors definition

Other Secured Creditors means the Agents, the Security Agent, the Calculation Agent, any Receiver, the Cover Monitor, the Offshore Account Bank, the Covered Bond Calculation Agents, the Insurers and (other than the Covered Bondholders, the Receiptholders, the Couponholders, the Talonholders and the Hedging Counterparties) any other creditor of the Issuer having the benefit of the Transaction Security in accordance with the Turkish Covered Bonds Law or pursuant to any Transaction Document entered into by the Issuer in the course of the Programme. To the extent that the Issuer has not provided sufficient Additional Cover in the manner described in Article 29 of the Covered Bonds Communiqué, the Other Secured Creditors will not be permitted to have recourse to the Cover Pool and (except to the extent of any applicable Non-Statutory Security available to such Other Secured Creditors pursuant to the Transaction Documents and, with respect the Reserve Fund Secured Creditors, except with respect to the Agency Account) their claims will rank pari passu with the other unsecured creditors of the Issuer. See “-Ranking of the Covered Bonds.”
Other Secured Creditors means Secured Creditors other than the Lenders.
Other Secured Creditors means all of Sofame’s secured creditors with rights in the Assets (other than the Noteholders) as of the date hereof, being those listed in Schedule C.

Examples of Other Secured Creditors in a sentence

  • Other Secured Creditors.............................................

  • Class 3 Claims of Other Secured Creditors The Parties do not believe there are any holders of Secured Claims against the Debtors other than the Lenders.

  • Other Secured Creditors: This class comprises those creditors that do not meet the criteria of large secured creditors.

  • After confirmation, Reorganized MPC intends to continue to pay the Other Secured Creditors in the ordinary course in accordance with the terms of their contracts.

  • No amendment, modification, supplement, termination, consent or waiver of this Agreement or any term or provision of this Agreement shall be effective and binding unless in writing and signed by the Henschels, the Company, Facility Lenders and the Other Secured Creditors.


More Definitions of Other Secured Creditors

Other Secured Creditors means Secured Creditors other then the Lenders. "PARTY" means a party to this Agreement. "PROJECT" means the project of expansion and modernisation of the existing facilities undertaken by the Borrower at Korba in the State of Chhattisgarh. "PROMOTER" means the promoter of a company as defined Regulation 2(1)(h) of the Take over Code. "PROPERTIES" means Immovable Properties and Other Properties referred to collectively. "REPAYMENT DATE" means the last day of each quarter in the period commencing from the 51st month from the date of the first Drawdown of a Facility and ending on the 72nd month from the date of the first Drawdown. . "REPAYMENT INSTALMENT" means each instalment for repayment of Loan specified in clause 4.1.1 (Repayment of the Loans). "REPEATING REPRESENTATIONS" means each of the representations set out in Clauses 8.1. "SECURED ASSETS" means the Properties on which a Security Interest is created in favour of a Secured Creditor. 8 <PAGE> "SECURED CREDITORS" means the creditor in whose favour the Borrower shall have credited Security Interest for securing the Indebtedness of the Borrower to that creditor. "SECURED INDEBTEDNESS" means any Indebtedness secured on any Asset "SECURITY DOCUMENT" means an instrument in writing and whether registered or not and includes any memorandum or record whether in writing or recorded manually or electronically and whether or not signed by a party or parties thereto creating and/or evidencing the creation of a Security Interest, including Security Sharing Agreement. "SECURITY INTEREST" means a mortgage, charge, pledge, lien or other security interest securing an obligation of any person on any property or assets or any other agreement or arrangement having a similar effect. "SECURITY SHARING AGREEMENT means an agreement made by and between all the Secured Creditors in form and substance satisfactory to the Lenders, providing for sharing of the realization proceeds including moneys received under insurance policies, on a pari passu basis, as between all the Secured Creditors, notwithstanding anything to the contrary contained in any Security Document made by and between the Borrower and any Secured Creditor and confirmed by the Borrower by a separate letter or becoming party thereto as may be required by the Lenders. "STERLITE" means Sterlite Industries (India) Limited. "STERLITE GROUP" means Sterlite and its Affiliates. "SUBSIDIARY" means a subsidiary within the meaning of section 4 of the Companies Xxx 0000 (1 ...
Other Secured Creditors has the meaning set forth in SECTION 2.3(a)(ii).
Other Secured Creditors means Kxxx, XGS II and Samsung.
Other Secured Creditors means any Persons, other than a Lender, which is owed any Obligations by the Loan Parties.
Other Secured Creditors means Secured Creditors other then the Lenders.
Other Secured Creditors means Kxxx, Aspen, and Samsung.
Other Secured Creditors means Hayfin, the Keppel Parties, the USD100m Lenders and the USD450m Lenders.