Creditors definition

Creditors. Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102(a) of the Bankruptcy Code.

Creditors means, together, the Arranger, the Agent, the Security Agent, the Account Bank, the Swap Providers and the Banks and “Creditor” means any of them;

Creditors. Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases.

Examples of Creditors in a sentence

• The Administrative Agent may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Credit Documents, and a Defaulting Lender shall be deemed to have assigned to the Administrative Agent such amounts until all Obligations owing to the Administrative Agent, Non-Defaulting Lenders and other Secured Creditors have been paid in full.

• Nothing in this paragraph will preclude or prohibit the Holder from receiving and retaining any payment hereunder unless and until the Holder has received a Default Notice (which will be effective until waived in writing by the Senior Creditors) or from converting this Note or any amounts due hereunder into Equity Securities at any time.

• The Borrower Security Group Agent must hold each year an open one-way investor update presentation made by the Borrower Security Group Agent to the Borrower Secured Creditors in respect of the on-going business and financial performance of the Borrower Security Group.

• In providing its consent or making a determination hereunder, the Borrower Security Trustee shall take instructions from the Borrower Secured Creditors to the extent required or permitted and in each case in the manner set out in the Borrower STID.

• If any Obligor makes a Permitted Acquisition or Permitted Disposal whilst a Trigger Event is continuing, the relevant Obligor shall, promptly following such Permitted Acquisition or Permitted Disposal (as the case may be), provide a certificate to the Borrower Security Trustee confirming that the Permitted Acquisition or Permitted Disposal (as applicable) is not materially adverse to the interests of the Borrower Secured Creditors (taken as a whole).

More Definitions of Creditors

Creditors voluntary winding up” means a winding up under Division 3 of Part X, other than a members’ voluntary winding up;

Creditors. Committee” means the official committee of unsecured creditors appointed pursuant to section 1102(a) of the Bankruptcy Code in the Chapter 11 Cases on June 6, 2008, as reconstituted from time to time.

Creditors. Committee” means the Official Committee of Unsecured Creditors

Creditors means trade creditors and accrued charges in connection with the Business ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Creditors. Meeting” means any meeting of the Affected Creditors called for the purpose of considering and voting upon the Proposal;

Creditors. Committee” means the creditors’ committee of LTD established pursuant to section 82 of the Regulations;

Creditors. COMMITTEE" means the official committee of unsecured creditors of the Debtors appointed by the United States Trustee in the Reorganization Cases pursuant to section 1102 of the Bankruptcy Code.