Excluded Creditors definition

Excluded Creditors means any Deed Creditor to the extent they have been paid during or after the Voluntary Administration Period or the Deed Period;
Sample 1Sample 2Sample 3
Excluded Creditors means Creditors having Excluded Claims.
Sample 1Sample 2Sample 3
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;
Sample 1

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 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 shall not be entitled to vote on this Plan at the Creditors’ Meetings 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.

  • 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.

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

  • ICL is required to continue paying the Excluded Creditors to enable ICL to carry out the terms of the Scheme.6.2 The Excluded Creditors include a small number of ICL’s employees, the landlord of ICL’s head office premises, necessary IT suppliers for management of the Claims Portal, and ICL’s professional advisers who are assisting it with implementation of the Scheme.

  • This is expected to be around 1 October 2019 and is called the Effective Date.2.8 If the Scheme goes ahead, it will apply to all of our Creditors (except Excluded Creditors), whether or not they voted and, if they did, whether or not they voted for the Scheme.

  • 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.


More Definitions of Excluded Creditors

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 Income 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 Income 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 and the Income 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 Income 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 2.24 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 Income Plan 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 Income Plan Companies or any of their number;
Sample 1
Excluded Creditors means, with respect to CSEI, HSBC Bank of Canada, and with respect to CSTT, Petroleum Company of Trinidad and Tobago Limited;
Sample 1
Excluded Creditors means ARF and Sinopec.
Sample 1
Excluded Creditors means the Preferential Creditor and the Secured Creditor to the extent of the part of the Secured Claim.
Sample 1
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.
Sample 1
Excluded Creditors means FNB, Employees, The Shareholder, Guarantors and PCF Creditors and if applicable their respective legal successors , assignees or nominees in title;;
Sample 1

Related to Excluded Creditors

  • Second Priority Debt Parties means the Initial Second Priority Debt Parties and, with respect to any series, issue or class of Second Priority Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Second Priority Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Borrower or any other Grantor under any related Second Priority Debt Documents.

  • Second Lien Collateral Agent means the “Collateral Agent” as defined in the Second Lien Credit Agreement.

  • Class Debt Parties has the meaning assigned to such term in Section 8.09.

  • 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;

  • First Lien Collateral Agent means the “Collateral Agent” as defined in the First Lien Credit Agreement.

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

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

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Notes Collateral Agent means such successor collateral agent, and the retiring Notes Collateral Agent’s appointment, powers and duties as the Notes Collateral Agent shall be terminated. After the retiring Notes Collateral Agent’s resignation hereunder, the provisions of this Section 12.08 shall continue to inure to its benefit and the retiring Notes Collateral Agent shall not by reason of such resignation be deemed to be released from liability as to any actions taken or omitted to be taken by it while it was the Notes Collateral Agent under this Indenture.

  • Additional Senior Debt Parties means, with respect to any series, issue or class of Additional Senior Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Additional Senior Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Borrower or any Guarantor under any related Additional Senior Debt Documents.

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

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Debt Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • First Lien Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any First Lien Obligations.

  • 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.

  • Second Lien Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any Second Lien Obligations.

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

  • 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.

  • ABL Agent means Bank of America, N.A., acting in its capacity as collateral agent under the ABL Facility, or any successor thereto in such capacity.

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

  • 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.

  • 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.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • 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.

  • Note Parties means the Company and each Guarantor.