Examples of Creditors in a sentence
The Secured Party hereby agrees that it will not be entitled to commence any action or proceeding against the Debtor for the realization of any Indebtedness or other recovery proceedings in respect of the Collateral or in connection with this Security Agreement without the prior written consent of the Senior Creditors.
Accordingly, the Secured Party agrees to execute any and all subordination, standstill and postponement documentation or instruments required by the Senior Creditors or any one of them in such form as such Senior Creditors may require.
The Creditor's rights under this clause are contractual rights affecting the terms upon which a credit balance is held and the creation of those rights does not constitute the creation of a security interest in that credit balance.
To find out more please refer to the Creditor's Privacy Statement on the Creditor's website at xxxxx://xxx.xx.xx/privacy-statement/.
All Lenders and Other Creditors confirm that they have consented to the use of the Facility Agent’s Debtdomain system as an accepted method of communication under or in connection with the Credit Documents and agree that the Debtdomain system will be the primary method of communication between the Facility Agent, the Lenders or any Other Creditor.