Senior Creditor SPV definition

Senior Creditor SPV means Noble Investors Limited, an exempt company incorporated in the Cayman Islands with company number HL-337587, whose registered office is at the offices of Xxxxxx Trust (Cayman) Limited, XX Xxx 0000, Xxxxxxx House, 00 Xxxx Xxxxxx, Xxxxx Xxxxxx XX0-0000, Cayman Islands.
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Senior Creditor SPV means a company in which Existing Senior Creditors will be allocated shares in accordance with the terms of the Scheme.
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Senior Creditor SPV means a company in which Existing Senior Creditors will be allocated shares in accordance with the terms of the Scheme. On the Restructuring Effective Date and following the RED Cash Distribution, the Priority Debt Exchange and the Further Debt Exchange:
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Examples of Senior Creditor SPV in a sentence

  • Provides binding mediation on all recharge disputes between the recharge unit and its customers.

  • The Existing Senior Claims transferred to the Senior Creditor SPV under (a)(i) above to be exchanged into claims under one or more limited recourse instruments to be issued by the Company to the Senior Creditor SPV on the Restructuring Effective Date.

  • Accordingly, references in this Term Sheet to “Topco” should be read to refer to the company in which the Senior Creditor SPV, the Management SPV and Existing Shareholders hold a direct interest following the Restructuring Effective Date, and reference to “Group” should be read accordingly.

  • Asset Co to issue 90% of the Preference Shares to the Senior Creditor SPV and 10% of the Preference Shares to Topco.

  • Appropriate governance structures to be put in place, recognising that the majority of the directors of the Topco Board and Trading Co Board to be nominated by the Senior Creditor SPV and the need for separate governance structures at each level.

  • The Restructuring may therefore result in the Senior Creditor SPV, the Management SPV and Existing Shareholders becoming the shareholders in a new holding company, to which substantially all of the assets of the Group are transferred.

  • New Noble shall request confirmation from the Securities Industry Council that the shareholders of the Senior Creditor SPV are not, and shall not be presumed to be, concert parties for the purposes of the Restructuring or by virtue of their respective shareholdings in the Senior Creditor SPV.

  • The Solicited Bid Match Period and the subsequent 30 business day period for completion may be extended by mutual agreement in writing between Senior Creditor SPV and Management SPV.

  • NGL understands that the Senior Creditor SPV does not intend to, nor wishes to be subject to the obligation to, make a mandatory general offer for New Noble as a result of the proposed Restructuring (including the Issuance).

  • Projects associated with liquidated funding years may not be revised in or removed from the CARL database after the funding year is liquidated, except in unusual circumstances following consultation with and written approval by CARB staff.


More Definitions of Senior Creditor SPV

Senior Creditor SPV has the meaning given to it in Schedule 2 (Restructuring Terms).
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Senior Creditor SPV means a company incorporated by the Existing Senior Creditors which will be allocated
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Senior Creditor SPV means Noble Investors Limited, an exempt company incorporated in the Cayman Islands with company number HL-337587, whose registered office is at the offices of Estera Trust (Cayman) Limited, PO Box 1350, Clifton House, 75 Fort Street, Grand Cayman KY1-1108, Cayman Islands.
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Senior Creditor SPV has the meaning provided in the Restructuring Support Agreement.
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Related to Senior Creditor SPV

  • 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;

  • 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);

  • 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.

  • Senior Lender means each holder of a Senior Note.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

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

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

  • Senior Credit Facilities means the Credit Facilities entered into as of the Measurement Date by and among the Issuer, Holdings III, the lenders party thereto in their capacities as lenders thereunder and Citibank, N.A., as Administrative Agent, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof).

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • ABL Secured Parties means “Secured Parties” as defined in the ABL Credit Agreement.

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

  • Senior Secured Credit Facilities means the revolving credit facility and other credit facilities under the Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings, refinancings or replacements thereof and any one or more indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund, supplement or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, trustee, lender or group of lenders or holders.

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

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • 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.

  • 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;

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Senior Credit Documents means the collective reference to the Credit Agreement, the notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented or otherwise modified from time to time.

  • 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.

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

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Unsecured Creditor means the holder of an Unsecured Claim.