Excluded Creditors definition

Excluded Creditors means Creditors having Excluded Claims.

Excluded Creditors means any Deed Creditor to the extent they have been paid during or after the Voluntary Administration Period or the Deed Period;

Excluded Creditors means Nedbank Limited, being a bank, duly registered as such, in terms of the Banks Act, 94 of 1990 and the N Energy Applicants insofar as the N Energy Applicants may allege to be creditors as opposed to shareholders (in respect of shares, shareholder interests and/or shareholder linked financial interests) of the Growth Plan Companies, and/or any legal entity forming part of Nedbank Limited and/or the N Energy Applicants, in respect of all and any claims of any of such excluded creditors, of whatsoever nature and howsoever arising, against the Growth Plan companies or any of their number including but not limited to any such claims as same may relate to or emanate from any agreement between any such excluded creditors andthe Growth Plan Companies or any of their number, including any bond and the cause of action underlying any bond held by Nedbank Limited in respect of any Growth Plan property and including any alleged claim as creditor as may be contained in or emanate from the Application of the N Energy Applicants referred to in 2.26 below, which claims, if any, as creditors, of Nedbank Limited and/or the N Energy Applicants and such legal entities as excluded creditors, to the extent to which they may be successful in proving any claims as creditors against the Growth Plan Companies or any of their number, are specifically to be dealt with in terms of clause4.2.5 below, as and when their claims may be proved to become due, payable by and binding on the Growth Plan Companies or any of their number;

Examples of Excluded Creditors in a sentence

• Excluded Creditors shall not be entitled to vote or (except as otherwise expressly stated in the Meeting Order) attend in respect of their Excluded Claims at any meeting to consider and approve this Plan.

• Excluded Creditors shall not be entitled to vote on this Plan at the Creditors’ Meetings in respect of their Excluded Claims.

• Excluded Creditors in respect to and to the extent of their Excluded Claims shall not receive any consideration under this Plan in respect of their Excluded Claims.

• Excluded Creditors will not receive any consideration or distributions under the Plan in respect of their Excluded Claims, and they shall not be entitled to vote on the Plan at the Creditors’ Meeting in respect of their Excluded Claims.

• All Creditor claims of Creditors, except those of THN Capital and the Excluded Creditors will be extinguished upon the date of DOCA Effectuation.

• Notwithstanding anything to the contrary, the definition shall exclude: (a) The claims of any Excluded Creditors; and “Court”(b) The claims for any Excluded Debts.

• This Voluntary Arrangement shall not apply to the Excluded Creditors and Excluded Debts.

• The provisions of Section 8.4 relating to termination of Service shall continue to be applied with respect to the original Grantee of the Option, following which such Option shall be exercisable by the transferee only to the extent, and for the periods specified, in Section 8.4 and Section 8.5.

• The Excluded Creditors are not entitled to participate in or receive any distribution from and will not prove to recover any Excluded Claim for the purposes of, or in relation to, the Deed Fund.

• Notwithstanding anything in this Deed or the Trust deed, the Excluded Creditors are not entitled to participate in or receive any distribution from, and will not prove to recover any Claim for the purposes of, or in relation to, the Deed Fund or the Trust Fund.

More Definitions of Excluded Creditors

Excluded Creditors means the Capicol contractor creditors and the Capicol Group and/or any entity forming part of the Capicol Group and the N Energy Applicants insofar as the N Energy Applicants may allege to be creditors as opposed to shareholders (in respect of shares, shareholder interests and/or shareholder linked financial interests) of the Zambezi Companies, and/or any legal entity forming part of the Capicol contractor creditors and the Capicol Group and/or the N Energy Applicants, in respect of all and any claims of any of such excluded creditors, of whatsoever nature and howsoever arising, against the Zambezi Companies or any of their number including but not limited to any such claims as same may relate to or emanate from any agreement between any such excluded creditors and the Zambezi Companies or any of their number, including any bond and the cause of action underlying any bond held by any of the Capicol contractor creditors and/or the Capicol Group in respect of any Zambezi property and including any alleged claim as creditor as may be contained in or emanate from the Application of the N Energy Applicants referred to in 2.28 below, which claims, if any, as creditors, of the Capicol contractor creditors and/or the Capicol Group and/or the N Energy Applicants and such legal entities as excluded creditors, to the extent to which they may be successful in proving any claims as creditors against the Zambezi Companies or any of their number, are specifically to be dealt with in terms of clause 4.2.5 below, as and when their claims may be proved to become due, payable by and binding on the Zambezi Companies or any of their number;

Excluded Creditors means FNB, Employees, The Shareholder, Guarantors and PCF Creditors and if applicable their respective legal successors , assignees or nominees in title;;

Excluded Creditors means ARF and Sinopec.

Excluded Creditors means the Directors and any other Related Party and includes but is not limited to those persons listed in Item 5 of the First Schedule. Where there is more than one Excluded Creditor a reference to the Excluded Creditor is a reference to each and all of them, jointly and severally.

Excluded Creditors means the Preferential Creditor and the Secured Creditor to the extent of the part of the Secured Claim.

Excluded Creditors means, with respect to CSEI, HSBC Bank of Canada, and with respect to CSTT, Petroleum Company of Trinidad and Tobago Limited;