Primary Creditor definition

Primary Creditor. “Security Agent”, “Senior Agent”, “Senior Creditor”, “Subordinated Creditor” and “Senior Lender” shall be construed to be a reference to it in its capacity as such and not in any other capacity;
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Primary Creditor. Second Lien Borrower", "Second Lien Guarantor", "Second Lien Creditor Representative", "Security Agent", "Senior Agent", "Senior Arranger", "Senior Borrower", "Senior Creditor", "Senior Guarantor", "Senior Lender", "Senior Creditor Representative", "Senior Noteholder", "Senior Notes Trustee", "Senior Parent Creditor", "Senior Parent Creditor Representative", "Senior Parent Noteholder", "Senior Parent Notes Trustee" or "Third Party Security Provider" shall be construed to be a reference to it in its capacity as such and not in any other capacity;
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Primary Creditor. “Second Lien Agent”, “Second Lien Facility Arranger”, “Second Lien Borrower/Issuer”, “Second Lien Guarantor”, “Second Lien Secured Creditor Representative”, “Second Lien Facility Lender”, “Second Lien Secured Creditor”, “Security Agent”, “Senior Agent”, “Senior Arranger”, “Senior Borrower/Issuer”, “Senior Secured Creditor”, “Senior Xxxx Xxxxxx”, “Senior Bridge Lender”, “Senior Secured Creditor Representative”, “Senior Noteholder”, “Senior Notes Trustee”, “Senior Parent Creditor”, “Senior Parent Creditor Representative”, “Senior Parent Noteholder” or “Senior Parent Note Trustee” shall be construed to be a reference to it in its capacity as such and not in any other capacity;
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Examples of Primary Creditor in a sentence

  • Other than as expressly permitted by the terms of the Intercreditor Agreement, no Secured Party may independently accelerate, seek payment and exercise other rights and powers to take Enforcement Actions under the Primary Creditor Documents.

  • The Primary Creditor may not be held liable for any delay or failure of delivery due to the failure to report change to data or any other reason beyond the control of the Primary Creditor.

  • The contact person in charge designated by the Primary Creditor shall consult the designated employees of the Legal and Compliance Department of the Primary Creditor and of the organizational units involved in the process concerning the application for the conclusion of the agreement.

  • The Primary Creditor shall send the agreement signed by the parties during the out-of-court Debt Settlement Proceeding or the final text of the agreement not adopted by the parties by post to the competent regional body of the Family Insolvency Service.

  • Any party shall inform the Primary Creditor of any change to his/her address without delay, but no later than in three (3) working days at the contact details provided in Section 2.1 hereof.

  • If the Primary Creditor has received the documents relating to the initiation of out-of- court debt settlement by post from the Debtor, the Primary Creditor shall immediately request a declaration from the Debtor whether the Debtor has submitted an application for the initiation of debt settlement to the competent Family Insolvency Service.

  • In the event the party did not provide any address during the process, the Primary Creditor shall send postal mails to his/her permanent address or, if no permanent address was specified, to the address in the records of the Primary Creditor.

  • The parties to the process shall inform the Primary Creditor of any change to their electronic address without delay, but in no later than three (3) working days at the contact details provided in Section 2.1 hereof.

  • Within the course of the Debt Settlement Proceeding, the parties (including the Debtor, the Co-Debtor and the Primary Creditor) must refrain from any conduct that could jeopardise the purpose of the debt settlement.

  • The Primary Creditor may not be held liable for any delay or failure of delivery due to the inaccuracy of the name, address or other data provided by the given party and relevant for the delivery, the failure to report change to data or any other reason beyond the control of the Primary Creditor.


More Definitions of Primary Creditor

Primary Creditor. “Security Agent”, “Revolving Agent”, “Credit Facility Borrower”, “Super Senior Creditor”, “Super Senior Hedge Counterparty”, “Credit Facility Guarantor”, “Revolving Lender”, “Hedge Counterparty”, “Credit Facility Lender”, “Surety Bond Provider”, “Surety Bond Facility Borrower”, “Surety Bond Facility Guarantor”, or “Subordinated Creditor” shall be construed to be a reference to it in its capacity as such and not in any other capacity;
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Primary Creditor means the Senior Secured Creditors, the Second Lien Debt Creditors and the Additional Unsecured Debt Creditors.
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Primary Creditor. “Senior Agent”, “Senior Arranger”, “Senior Creditor”, “Senior Facility Creditor”, “Senior Lender”, or “Stream Purchaser” or any other person shall be construed so as to include its permitted successors in title, permitted assigns and permitted transferees to, or of, its rights and/or obligations under the Debt Documents;
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Primary Creditor. “Security Agent”, “Revolving Agent”, “Credit Facility Borrower”, “Credit Facility Guarantor”, “Revolving Lender” or “Credit Facility Lender”, shall be construed to be a reference to it in its capacity as such and not in any other capacity;
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Primary Creditor. “Security Agent”, “Super Senior Facility Arranger”, “Super Senior Note Trustee”, “Super Senior Creditor”, “Super Senior Noteholder” or “Subordinated Creditor” shall be construed to be a reference to it in its capacity as such and not in any other capacity;
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Related to Primary Creditor

  • Primary Credit Facility mean the credit facility described in the Line of Credit section of this Agreement.

  • Customs authority means the authority that is responsible under the law of a Party for the administration and enforcement of customs laws and regulations; Customs duty includes any duty or charge of any kind imposed in connection with the importation of goods, but does not include any:

  • Supplementary Cardmember means a person who has been nominated by the Cardmember to be issued with an additional Card on the Account and is also covered by the insurance benefits included with the Card.

  • Fronting Bank means each Lender identified as a “Fronting Bank” on Schedule II and any other Lender (in each case, acting directly or through an Affiliate) that delivers an instrument in form and substance satisfactory to the Borrowers and the Administrative Agent whereby such other Lender (or its Affiliate) agrees to act as “Fronting Bank” hereunder and that specifies the maximum aggregate Stated Amount of Letters of Credit that such other Lender (or its Affiliates) will agree to issue hereunder.

  • Ancillary crime or "ancillary charge" means any delinquent act committed by a juvenile as a part

  • Supplementary Cardholder means the person who has been issued a Supplementary Card.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • customs area means the area of a customs station and includes any area in which imported goods or export goods are ordinarily kept before clearance by customs authorities;

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended and restated as of November 12, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Company Credit Agreement means that certain Credit Agreement, dated as of January 28, 2019, by and between the Company, the lenders party thereto from time to time and SunTrust Bank, as administrative agent for the revolving lenders and as collateral agent for the secured parties thereunder.

  • Standard Letter of Credit Practice means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit.

  • Security Credentials means the personalised security features we require you to use now or in future to

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • electronic credit ledger means the electronic credit ledger referred to in sub-section (2) of section 49;

  • Customs Administration means the competent authority that is responsible under the law of a Party for the administration of customs laws and regulations;

  • Repudiation/Moratorium Evaluation Date means, if a Potential Repudiation/Moratorium occurs on or prior to the Credit Observation End Date (i) if the Obligations to which such Potential Repudiation/Moratorium relates include Bonds, the date that is the later of (A) the date that is sixty days after the date of such Potential Repudiation/Moratorium and (B) the first payment date under any such Bond after the date of such Potential Repudiation/Moratorium (or, if later, the expiration date of any applicable Grace Period in respect of such payment date) and (ii) if the Obligations to which such Potential Repudiation/Moratorium relates do not include Bonds, the date that is sixty days after the date of such Potential Repudiation/Moratorium; provided that, in either case, the Repudiation/Moratorium Evaluation Date shall occur no later than the Credit Observation End Date unless the Repudiation/Moratorium Extension Condition is satisfied.

  • Primary Cardholder means the person who applied for a Card, whose name is on the Account and who a Card is issued to. Purchase means any Transaction other than a Cash Advance.

  • Supplementary Card means a Card issued by the Bank subject to this Agreement to a Supplementary Cardholder nominated by the Principal Cardholder and at the joint request of the Principal Cardholder and such Supplementary Cardholder; and

  • Repudiation/Moratorium Evaluation Date means, with respect to a Reference Entity in respect of which Potential Repudiation/Moratorium is stated to be applicable, if a Potential Repudiation/Moratorium occurs on or prior to the Credit Observation End Date (determined by reference to Greenwich Mean Time (or, if the relevant Standard is Japan or Japan Sovereign, Tokyo time)), (i) if the Obligations to which such Potential Repudiation/Moratorium relates include Bonds, the date that is the later of (A) the date that is 60 days after the date of such Potential Repudiation/Moratorium and (B) the first payment date under any such Bond after the date of such Potential Repudiation/Moratorium (or, if later, the expiration date of any applicable Grace Period in respect of such payment date) and (ii) if the Obligations to which such Potential Repudiation/Moratorium relates do not include Bonds, the date that is 60 days after the date of such Potential Repudiation/Moratorium; provided that, in either case, the Repudiation/Moratorium Evaluation Date shall occur no later than the Credit Observation End Date unless the Repudiation/Moratorium Extension Condition is satisfied.

  • customs airport means any airport declared under section 9 to be a customs- airport;

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but on behalf of the Lenders hereunder.

  • Issuing Lender means, with respect to any Letter of Credit, the Lender which agrees or is otherwise obligated to issue such Letter of Credit, determined as provided in subsection 3.1B(ii).

  • Acceptable Letter of Credit means a clean, unconditional, irrevocable letter of credit issued by a Wisconsin bank or any other financial institution acceptable to the commissioner which renews on an annual basis for a 3–year term unless written notice of non- renewal is given to the commissioner and the limited service health organization at least 60 days prior to the renewal date.

  • LC Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.