New Creditor definition

New Creditor means a provider of New Debt.
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New Creditor means any creditor in respect of or in relation to New Debt and as further defined in the Intercreditor Agreement.
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New Creditor means a provider of New Debt which has delivered to the Security Agent a duly completed and signed Accession Agreement.
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Examples of New Creditor in a sentence

  • The Holders of New Creditor Warrants shall be deemed to be parties to, and bound by, the terms of the New Creditor Warrant Agreement (solely in their capacity as Holders of New Creditor Warrants) without further action or signature.

  • The issuance of the New Creditor Warrants shall be duly authorized without the need for any further corporate action.

  • The New Creditor Warrant Agreement shall be effective as of the Effective Date and, as of such date, shall be deemed to be valid, binding, and enforceable in accordance with their respective terms, and each Holder of New Creditor Warrants shall be bound thereby.

  • On the Effective Date, the New Creditor Warrants shall be issued and distributed pursuant to the Plan and in accordance with the New Creditor Warrant Agreement.

  • For the purposes of the present Article the New Creditor means the person in which favor the Existing Creditor in full or in part assigns the rights and (or) transfers obligations under the Financial Documents indicated in subparagraphs (a) (i) - (a) (v) of section (a) or in section (b) above.

  • Notices to the New Creditor and the New Purchaser pursuant to the Intercreditor Agreement as modified hereby shall be addressed, delivered or transmitted to each such party at its address or facsimile number set forth on Annex I hereto.

  • The undersigned New Purchaser and New Creditor each hereby acknowledges, agrees and confirms that, by its execution of this Joinder Agreement, it will be deemed to be a party to the Intercreditor Agreement and shall be a “New Purchaser” or “New Creditor”, respectively, under the Intercreditor Agreement and shall have all of the rights and obligations of such respective party thereunder as if it had executed the Intercreditor Agreement.

  • Throughout his career, he has been a professor and consultant on making important decisions for policy-makers, businesses, and individuals.

  • Upon the effectiveness of this Joinder Agreement, the parties hereto agree that, as used in the Intercreditor Agreement as modified hereby, the term “Receivables Agreements” shall include the Indenture referenced above, the term “Creditor” shall include the New Creditor party hereto, the term “Interest Holders” shall include the Secured Parties (as defined in the Indenture), and the term “Receivables Purchaser” shall include the New Purchaser party hereto.

  • The Parties are the Existing Creditor, the New Creditor, and the Credit Agent, and the Party is each of them.


More Definitions of New Creditor

New Creditor means a person who becomes a Senior Creditor or Junior Creditor by acceding to this deed after the date of this deed.
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New Creditor has the meaning assigned to such term in the preamble hereto.
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New Creditor has the meaning given to that term in Clause 25 (Changes to the Creditors).
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New Creditor means any creditor in respect of or in relation to New Debt and as further defined in the Intercreditor Principles and/or the Intercreditor Agreement (as applicable).
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Related to New Creditor

  • Secured Creditor means the Trustee, the Margin Loan Provider and the holders of the ETP Securities.

  • Creditor has the meaning set forth in Section 3.3.

  • 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);

  • Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

  • Debtor means a person who is liable on a claim.

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.