Employee Creditors definition

Employee Creditors means employees and former employees of the Debtor, not to include independent commissioned sales agents or contractors, for amounts equal to the amounts that they would be qualified to receive under paragraph [136(l)(d)] of the BIA if the Debtor became bankrupt on the Proposal Date, as well as wages, salaries, commissions or compensation for services rendered after that date and before the Court approval of the Proposal, together with, in the case of travelling salesmen, disbursements properly incurred by those salesmen in and about the Debtor’s business during the same period;
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Employee Creditors means Creditors who are employees of the Company and have Claims against the Company in respect of their employment with the Company, and references to “Claims of Employee Creditors” mean the Claims of such Employee Creditors in respect of their employment with the Company.
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Employee Creditors means USW Members and Salaried Members with Allowed Claims;
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Examples of Employee Creditors in a sentence

  • The Claims, if any, of the Employee Creditors shall be paid by the Trustee after the making of the Approval Order in the ordinary course from the Proposal Fund.

  • S that the Monitor is hereby authorized to deliver, if considered necessary by the Monitor, to Employee Creditors with Proven or Unresolved Claims, a notice that such Employee Creditors must provide their Social Insurance Numbers to the Monitor, as a condition to receiving any distributions under the Plan.

  • Employee Available Cash Employee ContributionEmployee Creditors The amount of cash available as a circulating asset of SHAPL, realised from accounts receivable and sales during the course of the voluntary administration of SHAPL, which is necessary to ensure that the Claims of Employee Creditors will be paid in full (as determined as at the Execution Date) and having regard to the Employee Contribution.$1,000,000.00.

  • Based on the SOA, the Company does not have any Employee Creditors.

  • As noted previously, there is currently no prospect of a recovery for Affected Creditors, other than potential payments under WEPPA to Employee Creditors, if the Plan is not implemented.

  • For completeness we note this meeting only pertains to Employee Creditors of RMA, not RMAD or any other entities of The Sterling Group.

  • Their presence sent a clear message on the importance of intersectorial action to address the challenges of health and its determinants, in line with the concept of One Health.

  • RÉSUMÉ Traditionnellement, la pêche du germon s’est effectuée à l’aide de filets dérivants dans la mer Tyrrhénienne et à la palangre dans d’autres zones, aux deux principales saisons (printemps et automne).

  • We appreciate the argument for proportionality for SMEs, such that a company’s governance structures are appropriate for a company given its size and state of development.

  • For the BasicRSA benchmark set, there are a large number of adders and multipliers which are easy to cause high false positive rate with Feature 2.


More Definitions of Employee Creditors

Employee Creditors means Creditors who are employees of Uniforêt and have Claims against Uniforêt in respect of their employment with Uniforêt, and references to “Claims of Employee Creditors” mean the Claims of such Employee Creditors in respect of their employment with Uniforêt;
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Employee Creditors means Xxxxxxxxx Xxxx, Xxxxx Xxxx, Xxxx Xxxxxx and Xxxx Xxxxxx;
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Employee Creditors means employees and former employees of the Debtors, if any, not to include independent commissioned sales agents or contractors, for amounts equal to the amounts that they would be qualified to receive under paragraph 136(1)(d) of the BIA if the Debtors became bankrupt on the Filing Date, as well as wages, salaries, commissions
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Related to Employee Creditors

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Senior Employee means a person having supervisory responsibility for at least ten (10) employees, and “founded allegation” shall include, but not be limited to a finding by an internal investigative process, an arbitrator or mediator, a governmental entity or tribunal authorized to investigate claims of sexual harassment, or a court of competent jurisdiction.

  • Employer as defined in Section 3(5) of ERISA.

  • Relevant Employees means the employees who may be affected by a change referred to in subclause (1).

  • Employers means the Company and/or any of its subsidiaries (now in existence or hereafter formed or acquired) that have been selected by the Board to participate in the Plan and have adopted the Plan as a sponsor.

  • Employee means an employee of the Contractor directly engaged in the performance of work under the contract who has other than a minimal impact or involvement in contract performance.

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.