Disputed Creditors definition

Disputed Creditors means persons who have Disputed Claims or allege that they are Creditors, but who dispute the amount for which their Claim is reflected in Annexure B, who dispute the class in which they are reflected in Annexure B, and / or who dispute the existence and / or value of their security as reflected in Annexure B;
Disputed Creditors means persons who have Disputed Claim/s, and may include Intercompany and Regulatory Creditors. Disputed Creditors may, at the discretion of the BRP, be granted a Voting Interest for purposes of voting on the Business Rescue Plan only, and any such indulgence by the BRP should not be construed as an admission that the value of the allocated Voting Interest
Disputed Creditors means those Creditors whose BR Claims are

Examples of Disputed Creditors in a sentence

  • The Dispute Mechanism procedure will be as follows – All Disputed Creditors are to refer to Appendix F in relation to their claims and if not in agreement with the relevant quantum displayed, they are required to contact the BRPs at br@concogrp.com within 30 days of the Meeting Date in order to register their disagreement.

  • Even in circumstances where an agreement stipulates how a Disputed Claim must be resolved, Disputed Creditors and the Company are encouraged, and may elect and agree in writing, to resolve Disputed Claims and the Company's counterclaims, if any, through the Dispute Mechanism.

  • Unless the BRPs specifically advise a Disputed Creditor otherwise, Disputed Creditors will still be required to follow the Dispute Mechanism set out in paragraph 16 below.

  • Ricards, The Exeter Law Group, P.C., And Johnson Yatron, P.C. As Disputed Creditors Filed By Byron M Yatron Represented By George M.

  • As of the petition filing date, the claim is:Check all that apply🞏 Contingent🞏 Unliquidated◼ Disputed Creditor's Name sidewalk lien against prior owner Operations40 Water StNew York, NY 10041Creditor's mailing address Describe the lien Is the creditor an insider or related party?◼ NoCreditor's email address, if known 🞏 YesIs anyone else liable on this claim?Date debt was incurred ◼ No🞏 Yes.

  • Ricards, The Exeter Law Group, P.C., And Johnson Yatron, P.C. As Disputed Creditors.


More Definitions of Disputed Creditors

Disputed Creditors means persons who have Disputed Claims;

Related to Disputed 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;

  • 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.

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

  • 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.

  • 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.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Senior Creditors means creditors of the Issuer: (a) who are unsubordinated creditors of the Issuer; (b) whose claims are, or are expressed to be, subordinated to the claims of unsubordinated creditors of the Issuer but not further or otherwise; or (c) whose claims are, or are expressed to be, junior to the claims of other creditors of the Issuer, whether subordinated or unsubordinated, other than those whose claims rank, or are expressed to rank, pari passu with, or junior to, the claims of the Holders in a winding-up in respect of the Securities (and, for the avoidance of doubt, Senior Creditors shall include holders of Tier 2 Capital instruments);

  • 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.

  • Debtors has the meaning set forth in the Recitals.

  • Creditor Representative means, with respect to Series 2024-1, the Indenture Trustee.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers 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.

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Debtor means a person who is liable on a claim.

  • 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.

  • Second Lien Agent means the administrative agent under the Second Lien Credit Agreement.

  • 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.

  • 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 Representative means, with respect to any series of Permitted Junior Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Permitted Junior Debt is issued, incurred or otherwise obtained and each of their successors in such capacities.

  • Note Parties means the Company and each Guarantor.

  • City Representative means the City Manager or his or her designee as evidenced by a written certificate furnished to the Developer containing the specimen signature of such person or persons and signed by the City Manager.

  • Notice Parties means those Persons who are required to receive notice of filings made with the CPUC pursuant to A. 00-00-000.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Original Closing Date, among Holdings, the Borrower, as borrower, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent, as such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

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

  • 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.