Affected Creditor definition

Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

Affected Creditor means any Creditor with an Affected Claim, but only with respect to and to the extent of such Affected Claim.

Affected Creditor means any Creditor holding an Affected Claim, including a Non-Filed Affiliate holding an Affected Claim and a CCAA Party holding an Affected Claim;

Examples of Affected Creditor in a sentence

• Without limitation, the treatment of Affected Creditor Claims under the Proposal shall be final and binding on the Company, the Affected Creditors, and all Persons affected by the Proposal and their respective heirs, executors, administrators, legal representatives, successors, and assigns.

• At the Effective Time, each Affected Creditor will be deemed to have consented and agreed to all of the provisions of the Plan, in its entirety.

• As additional consideration for the compromise, release, discharge, cancellation and bar of the Affected Creditor Claims in respect of its Notes, each Early Consent Noteholder shall receive (in addition to the consideration it is entitled to receive in accordance with section 4.1 hereof) its Pro-Rata number of the Newco Shares to be issued by Newco from the Early Consent Equity Sub-Pool in accordance with the Plan.

• Thereafter, such transferee or assignee shall, for all purposes in accordance with this Plan, constitute an Ordinary Affected Creditor and shall be bound by any and all notices previously given to the transferor or assignor in respect of such Claim.

• All Affected Creditor Claims shall be fully, finally, irrevocably and forever compromised, released, discharged, cancelled and barred on the Plan Implementation Date.

More Definitions of Affected Creditor

Affected Creditor means the holder of an Affected Claim in respect of and to the extent of such Affected Claim;

Affected Creditor means a holder of an Affected Claim;

Affected Creditor means a Creditor having an Affected Claim;

Affected Creditor means any Creditor holding an Affected Claim, including a Sears Canada Entity holding an Affected Claim;

Affected Creditor means any Secured Creditor that has a Lien attaching to some or all of the Transaction Assets that ranks in priority to any other Lien attaching to such Transaction Assets, including to the Security Interests in favour of ATB and Fiera;

Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares by exercise of a write down or conversion power;

Affected Creditor means a Creditor with an Affected Claim.