External Creditors definition

External Creditors means the External Senior Creditors, the External Second Senior Creditors, the External Third Senior Creditors, the External Fourth Senior Creditors, the External Intervening Creditors and the External Subordinated Creditors.
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External Creditors means the External Senior Creditors, the External Second Senior Creditors, the External Third Senior Creditors, the Holders (other than Holders holding any Intervening Indebtedness in the form of notes) of any Intervening Indebtedness and the Holders of any Subordinated Indebtedness other than to the extent they are Holders of Class D Subordinated Notes.
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External Creditors means the Senior Facilities Creditors and the Hedge Counterparties.
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Examples of External Creditors in a sentence

  • The Controlling Class at a given time (which while any External Permitted Debt remains outstanding, will include the External Creditors in respect of the same) will be entitled to determine the remedies to be exercised under the Security Documents if events of default occur thereunder and to exercise certain other voting rights.

  • There can be no assurance that the distributions on, or the sale proceeds of, the Collateral received and amounts received under the Secured Hedging Transactions will be sufficient to make payments on the VF Notes or on any Class of Notes, after making payments on more senior Classes of Notes, more senior External Permitted Debt and certain other required amounts to other creditors including External Creditors ranking senior to or pari passu with such VF Notes or such Class.

  • Liquidation of the Collateral at such time and/or remedies pursued by the Trustee upon enforcement of the security over the Collateral could be adverse to the interests of the Class A Noteholders, the Class B Noteholders, the Class C Noteholders, the Class D Noteholders or the Class E Subordinated Noteholders and the External Creditors, as the case may be.

  • Peking University upholds a spirit of academic freedom and inclusiveness.

  • Liquidation of the Collateral at such time and/or remedies pursued by the Trustee upon enforcement of the security over the Collateral could be adverse to the interests of the Class A Noteholders, the Class B Noteholders, the Class C Noteholders or the Class D Subordinated Noteholders and the External Creditors, as the case may be.

  • George Kennan formulated that: "The interests of the national community which the State must promote, is basically the state's military security, the autonomy of the state's political life and welfare of the citizens (Nyhamar 2007, 72).

  • For the purposes of Clause 7.2 (Distributions), Clause 7.5 (Filing of claims) and Clause 7.6 (Further assurance – Insolvency Event) the Security Agent shall act on the instructions of the Majority External Creditors or, in the absence of any such instructions, as the Security Agent sees fit.

  • Without prejudice to the generality of the preceding sentence, if the provisions of this Clause 17 have been applied before all the Liabilities have matured and/or been finally quantified, the Security Agent may elect to re- apply those provisions on the basis of revised Exposures and the External Creditors shall make appropriate adjustment payments amongst themselves.

  • Without prejudice to the generality of the preceding sentence, if the provisions of this Clause 17 have been applied before all the Liabilities have matured and/or been finally quantified, the Security Agent may elect to re-apply those provisions on the basis of revised Exposures and the External Creditors shall make appropriate adjustment payments amongst themselves.

  • Thesee Section 5.2. Initial Loss External Creditors Third Round Second Round First Round0 −100 Ξt, (bn MXN)−200 −300 −400 −500 −600 2020202520302035204020452050Time (year) Figure 6: Losses in the Mexican financial system in a selected shock scenario (mild climate policy shock, weak market conditions).


More Definitions of External Creditors

External Creditors. Trade creditors, accruals and other creditors other than Intra Group Trade Creditors
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External Creditors means the Bank Facilities Lenders, the Additional Creditors, the Creditor Representatives, the Arrangers, the Additional Facilities Arrangers and the Hedge Counterparties.
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Related to External Creditors

  • operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;

  • financial creditor means any person to whom a financial debt is owed and includes a person to whom such debt has been legally assigned or transferred to;

  • Creditors Committee” means the official committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102(a) of the Bankruptcy Code.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • 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;

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

  • Senior Lender Claims means (a) the principal of all Indebtedness outstanding under one or more of the Senior Lender Documents to the extent not prohibited by the Indenture (as in effect on the date hereof), and (b) all other Obligations not constituting principal of Indebtedness of any Obligor under the Senior Lender Documents, including, without limitation, all claims under the Senior Lender Documents for interest, fees, expense reimbursements, indemnification and other similar claims. Senior Lender Claims shall include all interest accrued or accruing (or which would, absent the commencement of an Insolvency or Liquidation Proceeding, accrue) after the commencement of an Insolvency or Liquidation Proceeding in accordance with and at the rate specified in the Senior Credit Agreement whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding. To the extent any payment with respect to the Senior Lender Claims (whether by or on behalf of any Obligor, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be fraudulent or preferential in any respect, set aside or required to be paid to a debtor in possession, trustee, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if such payment had not occurred. Notwithstanding anything to the contrary contained in the first sentence of this definition, any principal Indebtedness (including reimbursement obligations for drawn or undrawn letters of credit) incurred under the Senior Credit Agreement shall constitute a "Senior Lender Claim" (whether or not such Indebtedness is at any time determined not to have been permitted to be incurred under the Indenture), to the extent, after giving effect to such incurrence, the aggregate principal amount of Indebtedness outstanding under the Senior Credit Agreement does not exceed $15,000,000 (less any prior permanent reductions in the Revolving Loan Commitment).

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

  • 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.

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

  • Claimholders means the First Lien Claimholders and/or the Second Lien Claimholders, as the context may require.

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.

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

  • Interests of the beneficiaries means the beneficial interests provided in the terms of the trust.

  • Prepetition Lenders means the Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition 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.

  • 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.

  • 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;

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.