CVA Creditor definition

CVA Creditor means any person to whom the Company owes a CVA Claim, including that person's successors in title, assigns and transferees;
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CVA Creditor means all creditors of the Company who will be bound by the terms of the CVA in accordance with section 5 of the Act, whether the amount owed to each such creditor by the Company is present or future, certain or contingent, and ascertained or sounding only in damages (save that creditors shall not be CVA Creditors in respect of any future liabilities arising after Completion under Non-Terminating Contracts and, for the avoidance of doubt, the inclusion or non-inclusion of a person in Schedule 6 shall have no relevance in identifying whether or not a particular person is a CVA Creditor, as defined above);
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CVA Creditor means, in respect of the Company, any person to whom the Company owes a CVA Liability including that person's successors in title, assignees and transferees.
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Examples of CVA Creditor in a sentence

  • No CVA Claim will be determined by the Supervisors to be a Local Priority Claim unless such assertion is made by the CVA Creditor on its Claim Form.

  • Any CVA Creditor who has submitted a Claim Form (unless that Claim Form has been wholly rejected or withdrawn) or a person acting on their behalf is entitled to inspect any other Claim Form that is in the Supervisors' possession at all reasonable times on any Business Day on 48 hours' notice.

  • Such appointments shall be made as set out in paragraph 2 above.4. The claims tribunal shall consist of one or of three persons (the "Claims Tribunal") chosen from the Claims Panel.5. The decision on the number of members of any Claims Tribunal shall be by agreement between the CVA Creditor, the Supervisors and, if applicable, the Contesting CVA Creditor.

  • Each Creditor and any other person who would have been a CVA Creditor had they filed a Claim Form hereby irrevocably and unconditionally approves the:31.1.1 entry by the Administrators into each of the Settlement Documents;31.1.2 payments made or to be made by the Administrators under each of the Settlement Documents; and31.1.3 the entry by the Administrators into the CVA Cost Sharing Agreement.

  • No step described in paragraph 43 of Schedule B1 to the Insolvency Act shall be taken without the consent of the Administrators or the permission of the English Court.7.2 Subject to Clause 8.6 (Assets and Currency Conversion), the Supervisors shall not make any payment to a CVA Creditor other than in accordance with the Terms.

  • The Supervisors may estimate the amount which would be payable to a CVA Creditor from both the Main Asset Waterfall and the Local Asset Waterfall when deciding the amount of any Distribution to pay.

  • The CVA Creditor must also assert which category and/or order of priority shall apply to such CVA Claim by reference to the categories of Local Priority Claim in Annex 9 (Local Priorities).

  • The CVA Creditor must also assert which category and/or order of priority shall apply to such CVA Claim by reference to the categories of Local Priority Claim in Annex 10 (Local Priorities).

  • However, if you are a CVA Creditor and disagree with the calculation of your CVA Claim, you areentitled submit a Notice of Claim for review by the Nominees.

  • The claim of a CVA Creditor who does not respond will not be taken into account for the purposes of calculating the requisite majorities for the Proposal to be approved (as set out in paragraphs 5.2 (Further Points) of Part I (Summary of the Proposal) and 4.1 (What is a CVA?) of Part II (Introduction)).


More Definitions of CVA Creditor

CVA Creditor means any person to whom ASUSA owes a CVA Liability (including its successors in title, assignees and transferees in respect of that CVA Liability).
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CVA Creditor means any person acting solely in its capacity as a creditor of a Holding Company or an Operating Company, who is or becomes bound in that capacity by a CVA that contains a CVA Creditor Release;
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CVA Creditor means any person with a Claim including that person’s successors in title, assignees and transferees, and including, for the avoidance of doubt, a Beneficial Owner.
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Related to CVA Creditor

  • 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;

  • 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.

  • 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;

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;

  • Creditor has the meaning set forth in Section 3.3.

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Senior Lender means each holder of a Senior Note.

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;

  • 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);

  • Prepetition Lenders means the Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Creditor Representative means, with respect to Series 2023-5, the Indenture Trustee.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Senior Agent means the Person acting as agent from time to time for and on behalf of the Senior Lenders under the Credit Facility, together with its successors and assigns in such capacity.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

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

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • 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;

  • Senior Lender Claims means (a) the principal of all Indebtedness outstanding under one or more of the Senior Lender Documents to the extent not prohibited by the Indenture (as in effect on the date hereof), and (b) all other Obligations not constituting principal of Indebtedness of any Obligor under the Senior Lender Documents, including, without limitation, all claims under the Senior Lender Documents for interest, fees, expense reimbursements, indemnification and other similar claims. Senior Lender Claims shall include all interest accrued or accruing (or which would, absent the commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with and at the rate specified in the Senior Credit Agreement whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding. To the extent any payment with respect to the Senior Lender Claims (whether by or on behalf of any Obligor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be fraudulent or preferential in any respect, set aside or required to be paid to a debtor in possession, trustee, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not occurred. Notwithstanding anything to the contrary contained in the first sentence of this definition, any principal Indebtedness (including reimbursement obligations for drawn or undrawn letters of credit) incurred under the Senior Credit Agreement shall constitute a "Senior Lender Claim" (whether or not such Indebtedness is at any time determined not to have been permitted to be incurred under the Indenture), to the extent, after giving effect to such incurrence, the aggregate principal amount of Indebtedness outstanding under the Senior Credit Agreement does not exceed $15,000,000 (less any prior permanent reductions in the Revolving Loan Commitment).

  • DIP Lender means a lender under the DIP Facility.

  • Prior Lender means a syndicate of lenders with a U.S. bank as a lender and as administrative agent for all of the lenders.

  • Creditor Party means the Agent, the Security Trustee or any Lender, whether as at the date of this Agreement or at any later time;

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers, the Swap Banks, and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.