Approved Trade Creditor definition

Approved Trade Creditor means a trade creditor who elected to participate in the Trade Credit Program established under the Final DIP Order and provided post-petition trade credit thereunder.
Sample 1Sample 2Sample 3
Approved Trade Creditor means a trade creditor who executed a Trade Agreement.
Sample 1Sample 2
Approved Trade Creditor and "Approved Trade Creditors" have the meanings set forth in the recitals to this Agreement.
Sample 1

Examples of Approved Trade Creditor in a sentence

  • Approved Trade Creditor status was generally afforded to any vendor that (a) was an authorized vendor of Kmart, (b) agreed to continue customary trade terms with Kmart, (c) agreed to continue to participate in Kmart's electronic data interchange program, (d) agreed to comply with Kmart's code of business conduct, and (e) agreed not to restrict business operations with Kmart's subsidiaries or international operations.

  • Classification: Class 3(B) consists of all Allowed Approved Trade Creditor Reclamation Lien Claims.

  • The Collateral Trustee, including by and through its agents and employees, shall have the sole and exclusive right to take all such actions, subject to the terms of the Intercreditor Agreement, and, in furtherance thereof, no Approved Trade Creditor Accountholders shall have the right to individually exercise or enforce any rights, remedies and powers granted to the Collateral Trustee in the Collateral Documents and in this Agreement.

  • Each replacement member of the Trust Board must be an employee or designee of an Approved Trade Creditor at the time of his or her appointment to the Trust Board.

  • Any other attempted assignment by any Approved Trade Creditor without the Grantors' prior written consent, other than as set forth in the immediately preceding sentence, shall be void and shall void such Approved Trade Creditor's participation in the Program (as defined in the applicable Letter Agreement) in accordance with the applicable Letter Agreement.

  • Further, the Collateral Trustee, for himself and his successors, does hereby declare that he will hold the Trust Estate upon the trusts herein set forth and for the benefit of all Approved Trade Creditor Accountholders.

  • Any other attempted assignment by any Approved Trade Creditor without the Guarantors' prior written consent, other than as set forth in the immediately preceding sentence, shall be void and shall void such Approved Trade Creditor's participation in the Program (as defined in the applicable Letter Agreement) in accordance with the applicable Letter Agreement.

  • This Agreement shall terminate upon the earlier to occur of (a) date on which all Approved Trade Creditor Accounts and other Obligations that are outstanding as of the Trade Creditor Lien Termination Date have been indefeasibly paid in full and (b) the sale or other disposition of all of the Collateral and the final disposition of all Proceeds in accordance with this Agreement.

  • The Grantors agree, jointly and severally and subject to the terms and provisions of the Intercreditor Agreement, to indemnify and hold harmless the Collateral Trustee and Approved Trade Creditor Accountholders from any present or future claim for liability for any stamp or other similar tax and any penalties or interest with respect thereto, which may be assessed, levied or collected by any jurisdiction in connection with this Agreement, any Collateral Document, the Trust Estate or any Collateral.

  • All rights and remedies of the Collateral Trustee hereunder are cumulative of each other and of every other right or remedy which the Collateral Trustee or any Approved Trade Creditor may otherwise have at law or in equity or under any other contract or document, and the exercise of one or more rights or remedies shall not prejudice or impair the concurrent or subsequent exercise of other rights or remedies.

Related to Approved Trade Creditor

  • NAIC Approved Bank means a bank that is a bank listed on the most current “List of Qualified U.S. Financial Institutions” approved by the NAIC (the “NAIC Approved Bank List”) (or any branch or related entity of such bank that qualifies as a Qualified U.S. Financial Institution in accordance with the Purposes and Procedures Manual of the NAIC Investment Analysis Office).

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Approved Lender is defined in Section 12.1.

  • Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”

  • Approved Transaction means any transaction in which the Board (or, if approval of the Board is not required as a matter of law, the stockholders of the Company) shall approve (i) any consolidation or merger of the Company, or binding share exchange, pursuant to which shares of Common Stock of the Company would be changed or converted into or exchanged for cash, securities, or other property, other than any such transaction in which the common stockholders of the Company immediately prior to such transaction have the same proportionate ownership of the Common Stock of, and voting power with respect to, the surviving corporation immediately after such transaction, (ii) any merger, consolidation or binding share exchange to which the Company is a party as a result of which the Persons who are common stockholders of the Company immediately prior thereto have less than a majority of the combined voting power of the outstanding capital stock of the Company ordinarily (and apart from the rights accruing under special circumstances) having the right to vote in the election of directors immediately following such merger, consolidation or binding share exchange, (iii) the adoption of any plan or proposal for the liquidation or dissolution of the Company, or (iv) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company.

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Approved Third-Party Appraiser means each of (a) Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Inc., (b) Lincoln International LLC (formerly known as Lincoln Partners LLC), (c) Duff & Xxxxxx Corporation, (d) Valuation Research Corporation, and (e) any other third party appraiser selected by the Borrower in its reasonable discretion.

  • Counterparty Downgrade Collateral means any cash and/or securities delivered to the Issuer as collateral for the obligations of a Hedge Counterparty under a Hedge Transaction.

  • Substitute Credit Support has the meaning specified in Paragraph 4(d)(i).

  • Licensed financial institution means a financial institution issued a license under this act.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Participating Certified Nurse Practitioner means a Certified Nurse Practitioner who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Bank Products Provider means any Lender or Affiliate of a Lender that provides Bank Products to the Borrower or any other Loan Party.

  • Secured Treasury Management Agreement means any Treasury Management Agreement between any Loan Party and any Treasury Management Bank; provided, that for any of the foregoing to be included as a “Secured Treasury Management Agreement” on any date of determination by the Administrative Agent, the applicable Treasury Management Bank (other than the Administrative Agent or an Affiliate of the Administrative Agent) must have delivered a Secured Party Designation Notice to the Administrative Agent prior to such date of determination.

  • Non-Participating Certified Nurse Practitioner means a Certified Nurse Practitioner who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Approved Training means training undertaken in a traineeship and shall involve formal instruction, both theoretical and practical, and supervised practice in accordance with a traineeship scheme approved by the relevant state training authority or NETTFORCE. The training will be accredited and lead to qualifications as set out in subclause 5(e).

  • Bank Product Provider means Xxxxx Fargo or any of its Affiliates.

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • Approved tenderer means the tenderer who is approved by the Employer.

  • Bank Product Collateralization means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure with respect to the then existing Bank Product Obligations (other than Hedge Obligations).

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

  • First Lien Administrative Agent means the “Administrative Agent” as defined in the First Lien Credit Agreement.

  • Bank Product means any financial accommodation extended to Borrower or its Subsidiaries by a Bank Product Provider (other than pursuant to the Agreement) including: (a) credit cards, (b) credit card processing services, (c) debit cards, (d) purchase cards, (e) ACH Transactions, (f) cash management, including controlled disbursement, accounts or services, or (g) transactions under Hedge Agreements.