Combined Creditors definition

Combined Creditors means collectively, the Creditors and the Existing Creditors and Combined Creditor means any of them Commitment means, in relation to each of the Lenders, the amount set out opposite its name in Schedule 1 or, as the case may be in any relevant Substitution Certificate or, as the case may be, assumed by it in accordance with clause 2.2 to the extent not cancelled, reduced or transferred by it under any relevant term of this Agreement Company means Danaos Corporation, a corporation domesticated and existing under the laws of the Republic of the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, The Xxxxxxxx Xxxxxxx XX 00000 and includes its successors in title Compulsory Acquisition means requisition for title or other compulsory acquisition, requisition, appropriation, expropriation, deprivation, forfeiture or confiscation for any reason of any Ship by any Government Entity or other competent authority, whether de jure or de facto, but shall exclude requisition for use or hire not involving requisition of title Contract means:

Combined Creditors means collectively, the Creditors and the Existing Creditors and Combined Creditor means any of them Commitment means, in relation to each of the Lenders, the amount set out opposite its name in Schedule 1 or, as the case may be in any relevant Substitution Certificate or, as the case may be, assumed in accordance with clause 2.2 to the extent not cancelled, reduced or transferred by it under any relevant term of this Agreement Company means Danaos Corporation, a corporation domesticated and existing under the laws of the Republic of the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, The Xxxxxxxx Xxxxxxx XX 00000 and includes its successors in title Compulsory Acquisition means requisition for title or other compulsory acquisition, requisition, appropriation, expropriation, deprivation, forfeiture or confiscation for any reason of the Ship by any Government Entity or other competent authority, whether de jure or de facto, but shall exclude requisition for use or hire not involving requisition of title Contract means the shipbuilding contract dated 9 November 2007 and made between the Builder and the Owner as supplemented and amended by addendum no. 1 and addendum no. 2 each dated 9 November 2007 and as further supplemented and amended by addendum no. 3 dated 28 August 2009 and by a Seller’s letter of credit dated 27 September 2010, as the same may hereafter be supplemented and/or amended from time to time, relating to the construction and purchase of the Ship Contract Assignment Consent and Acknowledgement means, in relation to the Ship, the acknowledgement of notice of, and consent to, the assignment in respect of the Contract to be given by the Builder, in the form scheduled to the relevant Pre-delivery Security Assignment or otherwise in a form and substance acceptable to the Security Trustee (acting on the instructions of the Combined Creditors)

Combined Creditors means collectively, the Creditors and the Existing Hedge Counterparties and Combined Creditor means any of them. Commitment means, in relation to each of the Lenders, the amount set out opposite its name in Schedule 1 or, as the case may be, in any relevant Substitution Certificate or, as the case may be, assumed by it in accordance with clause 2.2, to the extent not cancelled, reduced or transferred by it under any relevant term of this Agreement.

Examples of Combined Creditors in a sentence

The terms and basis on which the Facility Agent and the Security Trustee have been appointed by the Lenders and the other Creditors as facility agent and by the Lenders and the other Combined Creditors as security agent and trustee respectively are set out in the Agency Agreement including, among other things, the manner in which any decision to exercise any right, powers, discretion or authority or to carry out any duty are to be made between the Creditors or the Combined Creditors (as the case may be).

Related to Combined Creditors

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;
Unsecured Creditors means all Creditors with Concurrent Claims against the Company;
Secured Creditors shall have the meaning assigned that term in the respective Security Documents.
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.
Guaranteed Creditors means and include each of the Agent, the Collateral Agent, the Banks and each party (other than any Credit Party) party to an Interest Rate Protection Agreement or Other Hedging Agreement to the extent such party constitutes a Secured Creditor under the Security Documents.
Debtors has the meaning set forth in the Recitals.
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);
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;
Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.
Second Lien Claimholders means, at any relevant time, the holders of Second Lien Obligations at that time, including the Second Lien Lenders and the agents under the Second Lien Loan Documents.
Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.
Note Parties means, collectively, the Issuer and each Guarantor.
Unsecured Creditor means the holder of an Unsecured Claim.
Debtor means a person who is liable on a claim.
financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;
Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time
First Lien Claimholders means, at any relevant time, the holders of First Lien Obligations at that time, including the First Lien Lenders and the agents under the First Lien Loan Documents.
Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.
Second Lien Agent has the meaning set forth in the Intercreditor Agreement.
Guaranteed Parties means (a) each Lender, (b) each Issuing Bank, (c) the Administrative Agent, (d) each Joint Bookrunner, (e) each Person to whom any Guaranteed Cash Management Obligations are owed, (f) each counterparty to any Swap Agreement the obligations under which constitute Guaranteed Swap Obligations, (g) the beneficiaries of each indemnification obligation undertaken by any Loan Party under any Loan Document and (h) the permitted successors and assigns of each of the foregoing.
First Lien Credit Documents means the “Credit Documents” as defined in the First Lien Credit Agreement.
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;
First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.
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.
Limited Guarantor With respect to any Series (or Class within such Series), a Person specified in the related Supplement as providing a guarantee or insurance policy or other credit enhancement supporting the distributions in respect of such Series (or Class within such Series) as and to the extent specified in such Supplement.
Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.