First Creditors definition

First Creditors means, collectively, the holders of the ABL Lien Obligations and the holders of the Notes Priority Collateral Secured Obligations.
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First Creditors means, collectively, the holders of the ABL Lien Obligations and the holders of the Notes Priority Collateral Secured Obligations. “First Lien Agent” means with respect to the ABL Priority Collateral, the ABL Collateral Agent, and with respect to the Notes Priority Collateral,
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First Creditors means the Bond Trustee (on behalf of itself and the Bondholders) and any creditor(s) under any Refinancing First Finance Documents.
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Examples of First Creditors in a sentence

  • Strengthening the tagging system and increasing farmers’ awareness regarding authenticated source of seed as well as authenticated tag is also important.

  • The rights of the Second Creditors under the Second Securities are postponed to the rights of the First Creditors under the First Securities to the extent necessary to give effect to this agreement.

  • On November 22, 2018, the First Creditors' Meeting of the Bankruptcy Liquidation Case of Fujian Zhenyun Plastics Industry Co., Ltd.

  • Robert Devereux, the Business Rescue Practitioner (“The Practitioner”) appointed for INCLEDON (Pty) Limited (“The Company”) welcomed all to the First Creditors meeting under section 147 of the Companies Act.The Company went into Business Rescue on 5 March 2021, and the Practitioner was duly appointed.

  • First Creditors Section 341 Meeting, January 29, 2009, Summe (2012), and their most recent 10Q filing on July 10th, 2008.

  • Therefore, this temporary standstill should be approved at the First Creditors Meetings retroactively from the above notice to the end of the First Creditors Meeting and extended by the end of the Third Creditors Meetings by all attendees.

  • Upon the exercise of the First Creditors Call Option, the Offer will become unconditional in all respects.

  • First, Creditors argue the Settlement is not based on the trustee’s informed decision because the trustee has not provided any information to support his contention that the properties are largely worthless.

  • At the case management on 20 July 2022, the Court fixed the case for further case management on 23 August 2022 to allow the Official Receiver to set a First Creditors' Meeting.

  • In remaining 51 districts, total 567 ventilators are available in District Government Hospitals, out of which 8 are not working for which also correspondence has been made with the vendor.

Related to First Creditors

  • 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.

  • 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.

  • 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;

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

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

  • The Bank means the Bank of India;

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • 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.

  • Senior Lender means each holder of a Senior Note.

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

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

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

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • Debtors has the meaning set forth in the Recitals.

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

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • 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).

  • DIP Lender means a lender under the DIP Facility.

  • Management Agent means the property management company which oversees the property management functions for the Apartment Housing and which is on-site at the Apartment Housing. The initial Management Agent shall be Xxxxxxxx Valley Management, Inc.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • 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.

  • 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.