Known Creditor definition
Examples of Known Creditor in a sentence
S COURT ORDERS that the Monitor shall as soon as practicable after the date of this Order and receipt of the list of Known Creditors from the Timminco Entities send a Notice of Claims Procedure and Claims Bar Date and a copy of this Claims Procedure Order to each Known Creditor by regular prepaid mail or electronic mail to the address of such Known Creditor as set out in the books and records of the Timminco Entities and to any Claimant or D&O Claimant who requests these documents.
Not later than seven (7) Business Days following the date of this Order, the Receiver shall cause a Claims Package to be sent to each Known Creditor in accordance with paragraph 37 hereof to the address of such Known Creditor set out in the applicable Debtor's records.
The Court or an alternative dispute resolution, as the case may be, shall resolve the dispute between the Applicant and such Known Creditor.
The Claims Procedure Order provides for the CCAA Entities, within ten business days of the granting of the Claims Procedure Order, to cause an Employee Claim Package to be sent to every Terminated Employee (as defined below), and a Proof of Claim Document Package to be sent to every Known Creditor (which includes any Intercompany Claimants).
Annual Report 2004The Compensation Committee shall be responsible for the administration of the SOP.