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 Agent, the Account Bank, the Arranger, the Security Agent, 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 Subordinated Creditors may not take, accept or receive the benefit of any Security, guarantee, indemnity or other assurance against loss from any member of the Group in respect of any of the Subordinated Liabilities prior to the Pari Passu Discharge Date.

• In the event of a bankruptcy or receivership under the Bankruptcy and Insolvency Act (Canada), or a restructuring under the Companies Creditors Arrangement Act (Canada), a sale or disposition of intellectual property does not affect the licensee s rights to continue to use such intellectual property, assuming the licensee continues to perform all other obligations under the Agreement.

• Creditors who purchased qualifying ILU policies from OIC were permitted to opt out of the crystallisation and payment provisions of the Amending Scheme, so that claims on each Opt Out Scheme Creditor’s qualifying ILU policies that are notified to OIC prior to 31 December 2035 are agreed and paid in full in the normal course.

• Each of the Parties agrees that the Liabilities owed by the Debtors to the Primary Creditors shall rank in right and priority of payment pari passu and without any preference between them.

• Notwithstanding any agreement to the contrary, each of the Debtors and the Subordinated Creditors consents, until the Pari Passu Discharge Date, to the disclosure by any Primary Creditor and the Security Agent to each other (whether or not through a Creditor Representative or the Security Agent) of such information concerning the Debtors and the Subordinated Creditors as any Primary Creditor or the Security Agent shall see fit.

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

Creditors means, collectively, the Administrative Agent, each Issuing Lender, the Swing Line Lenders, each Lender, the Syndication Agent, the Co-Documentation Agents, and, where the context requires, any one or more of them.

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

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