Other Unsecured Creditors definition

Other Unsecured Creditors means the holders of any Other Unsecured Claim, each in respect of their Other Unsecured Claim only.
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Examples of Other Unsecured Creditors in a sentence

  • The Other Unsecured Creditors represent a combination of trade and de minimis Claims owed to essential service providers, insurance creditors, members of SIHNV's boards (for remuneration and management fees to its current members) and other administrative costs.

  • A failure to pay such Other Unsecured Creditors may result in essential services being withdrawn, foreign authorities taking public law measures against SIHNV and/or a failure to fund the payment to SIHNV MPC Claimants and SIHNV Contractual Claimants by SRF.

  • Accordingly, the rights of the Other Unsecured Creditors will be preserved under this SIHNV Composition Plan.

  • In December 1996 the Home Office published a discussion paper, entitled " Clarification of the law relating to the Bribery of Members of Parliament".

  • Require claimants to cash all final distribution checks within the ninety-day expiration period.( Id. ¶ 63.) According to the Trustee, approving these means for implementing the Final Distribution will allow a prompt distribution to be made to Other Unsecured Creditors (see id.¶ 64), is consistent with the Court’s Prior Distribution Orders (id.

  • In view of the total amount of Claims (allegedly) owed by SIHNV to the SoP Creditors (valued at approximately EUR 14,864,000,00014,912,000,000, excluding the Other Unsecured Claims)1412 relative to the total amount owed by SIHNV to Other Unsecured Creditors (approx.

  • The Other Unsecured Creditors also include non-Dutch regulatory and tax authorities.77.82.

  • The rights of the SIHNV Financial Creditors, Intra-Group Creditors and Other Unsecured Creditors under the SIHNV CPU Claims, Intra-Group Claims and Other Unsecured Claims (respectively), are fully preserved if the Settlement Effective Date would occur, which constitutes a more beneficial outcome for those creditors as compared to the liquidation or insolvency of SIHNV.127.132.

  • EUR 5,327,000 4,500,500 in respect of currently known Other Unsecured Creditors, see Schedule 5 (List of Other Unsecured Creditors)), it is clear that paying such Other Unsecured Creditors in full will only marginally affect the recovery of the other SoP Creditors, whereas not paying them could have a material adverse, if not fatal, effect on the successful execution and performance of this SIHNV Composition Plan by SIHNV.

  • In conclusion, any recovery for SIHNV MPC Claimants and SIHNV Contractual Claimants under this SIHNV Composition Plan and the preservation of rights for the SIHNV Financial Creditors, Intra-Group Creditors and Other Unsecured Creditors will represent a material improvement on the outcome under the Liquidation Comparator.

Related to Other Unsecured Creditors

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

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • 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.

  • 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);

  • Senior Lenders means the financial institutions, banks, multilateral lending agencies, trusts, funds and agents or trustees of debenture holders, including their successors and assignees, who have agreed to guarantee or provide finance to the Developer under any of the Financing Agreements for meeting all or any part of the Total Project Cost and who hold parri passu charge on the assets, rights, title and interests of the Developer;

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.