Existing Senior Claims definition

Existing Senior Claims means all claims of Existing Senior Creditors under the Existing Senior Debt Documents, including claims in respect of accrued but unpaid interest and/or fees thereunder (save for any applicable unpaid professional advisory fees).
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Existing Senior Claims means all claims of Existing Senior Creditors under the Existing Senior Debt Instrument(s) in respect of which they are an Existing Senior Creditor as at the record date set pursuant to the terms of the Scheme.
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Existing Senior Claims means: (a) all claims of Existing Senior Creditors under the Existing Senior Debt Documents, including claims in respect of accrued but unpaid interest and/or fees thereunder (save for any unpaid professional advisory fees).
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Examples of Existing Senior Claims in a sentence

  • Each Initial Lender will commit to provide its pro rata share of the Total Senior Creditor Risk Participation Amount by reference to its aggregate amount of Existing Senior Claims as at the Effective Date (the “Initial Lender Commitment”).

  • Each Secondary Lender shall subscribe for its Secondary Lender Commitment pursuant to a subscription letter which must be delivered to the Information Agent no later than the last day of the Subscription Period, accompanied by evidence of such Secondary Lender’s Existing Senior Claims.

  • The Commitments of any Commitment Lender may only be transferred to a third party (a Transferee) in accordance with the provisions of this Clause 4 and provided that an equivalent proportion of the Commitment Lender’s Existing Senior Claims (or in the case of Deutsche Bank, its DB Surplus Claim) (calculated, in each case, by reference to the proportion of its Commitment being transferred by such Commitment Lender) are also transferred concurrently and to the same Transferee.

  • In the case of a partial transfer of a Commitment, the relevant Existing Senior Claims held as at the date of such transfer shall be transferred proportionally to the Commitment being transferred.