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

  • 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.

  • 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.

  • 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.

  • See Press Release to External Creditors dated August 2, 2006 by the Government of Belize was scheduled over a weekend period specifically when trading markets were closed.

  • However, the English law charge and Belgian law pledge created pursuant to the Security Documents may be insufficient to secure or ineffective in securing the Issuer Investments which are securities for the benefit of Noteholders and External Creditors, particularly in the event of any insolvency or liquidation of the Custodian or any sub custodian that has priority over the right of the Issuer to require delivery of such assets from the Custodian in accordance with the terms of the Agency Agreement.

  • Nigeria’s External Creditors, end 2003 CreditorDebt Stock (US$bn)Share ofTotal (%)UK7.0Source: Todd Moss, “Resolving Nigeria‟s Debt Through a Discounted Buyback,” CGD, April 2005, p.

  • 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.

  • 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.

  • None of the External Creditors will be liable to any other Creditor, the Parent or any Debtor for any Consent given or deemed to be given under this Clause 25.

  • 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.


More Definitions of External Creditors

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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External Creditors. Trade creditors, accruals and other creditors other than Intra Group Trade Creditors
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Related to External Creditors

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • Internal control means a set of systems to ensure that financial and other records are reliable and complete and which ensure adherence to the entity's management policies, the orderly and efficient conduct of the entity, and the proper recording and safeguarding of assets and resources;

  • Internal Controls for districts means processes designed and im- plemented by districts to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • External Debt means obligations (other than the Notes) of, or guaranteed by, the Republic for borrowed money or evidenced by bonds, notes or other similar instruments denominated or payable, or those which at the option of the holder thereof are so denominated or payable, in a currency other than the local currency of the Republic.

  • Internal Costs means the costs associated with each Council providing internal Council resources in relation to the City Deal which includes but is not limited to:

  • External Manager means either of the following: (1) A person who is seeking to be, or is, retained by a board or an investment vehicle to manage a portfolio of securities or other assets for compensation, or (2) A person who manages an investment fund and who offers or sells, or has offered or sold, an ownership interest in the investment fund to a board or an investment vehicle.

  • external borders means external borders as defined in point 2 of Article 2 of Regulation (EU) 2016/399;

  • External User means a user of an Online Service that is not an employee, onsite contractor, or onsite agent of Customer or its Affiliates.

  • External Verifier means any qualified provider of third party assurance or attestation services or other independent expert of internationally recognised standing appointed by the Issuer, in each case with the expertise necessary to perform the functions required to be performed by the External Verifier under these Conditions, as determined in good faith by the Issuer;

  • Internal Restructuring shall have the meaning set forth in Section 7.02(f) of this Agreement.

  • External inspection means an inspection that does not involve examination of the internal surfaces of the pressure parts of the boiler.

  • Coordinated External Transaction means a transaction to simultaneously purchase and sell energy on either side of a CTS Enabled Interface in accordance with the procedures of Operating Agreement, Schedule 1, section 1.13, and the parallel provisions of Tariff, Attachment K- Appendix.

  • Internal inspection means as complete an examination as can be reasonably made of the internal and external surfaces of a boiler or pressure vessel while it is shut down and while manhole plates, handhole plates or other inspection opening closures are removed as required by the inspector.

  • Internal Reorganization has the meaning set forth in the Separation Agreement.

  • Internal Use means use of the Sprinklr Services for Customer’s and/or Customer Affiliates’ general business use, solely for the benefit of Customer and/or Customer Affiliates, but does not include use of the Sprinklr Services to provide any services for the benefit of third parties.

  • external wall means an outer wall of a building even though adjoining to a wall of another building and also means a wall abutting on an interior open space of a building;

  • External Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for consumption by end-users outside the PJM Region, or for load in the PJM Region that is not served by Network Transmission Service.

  • Internal Collaboration means collaborative arrangements within a group of companies or within various strategic business. units/subsidiaries/operating divisions in order to gain a strategic position whilst sharing resources, profits and losses as well as risks

  • External floating roof means a storage vessel cover in an open tank top consisting of a double deck or pontoon single deck which rests upon and is supported by the petroleum liquid being contained and is equipped with a closure seal or seals to close the space between the roof edge and tank shell.

  • Internal Purposes means distribution of packages to Licensee’s own systems and employees.

  • Integrity means that personal data should be accurate and suitable for the purpose for which it is processed.

  • External dose means that portion of the dose equivalent received from any source of radiation outside the body.

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Group practice means a group of two or more health care providers legally organized as a partnership, professional corporation, or similar association:

  • Historic Structure means any structure that is:

  • Internal Distribution has the meaning set forth in the recitals.