Noteholder Creditors definition

Noteholder Creditors means, at any relevant time, the holders of Noteholder Obligations at such time, including, without limitation, the Noteholders, the Collateral Agent and any other agents under the Purchase Agreement.
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Noteholder Creditors means, collectively, the Noteholder Agent and the Noteholders; sometimes being referred to herein individually as a "Noteholder Creditor".
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Examples of Noteholder Creditors in a sentence

  • Affected Claims include the claims of the Secured Lenders, the Noteholder Creditors, the Applicants and the US Debtors; however no distribution will be made in respect of the unsecured claims of these creditors under the CCAA Plans.

  • The Senior Notes Claims receive a greater allocation due to the fact that the Senior Notes are jointly and severally guaranteed by 23 debtors of the SemGroup while in most instances only one SemGroup Debtor is liable with respect to each General Unsecured Claim, and the Noteholder Creditors have waived their right to, and shall not be entitled to, receive distributions provided for under and pursuant to the CCAA Plans.

  • As a result, the Secured Lenders and Noteholder Creditors shall be deemed to have waived their rights to, and shall not be entitled to, receive any distributions provided for under the CCAA Plans in respect of their unsecured claims.

  • As discussed above, the proposed Canadian Creditors’ Meeting Order contemplates that the votes of the Secured Lenders and the Noteholder Creditors entitled to vote for the SemGroup POR shall be deemed to be votes of the Secured Lenders and the Noteholder Creditors under the respective CCAA Plans.

  • For the purposes of calculating the value component of the Required Majority, each Ordinary Creditor is entitled to one vote at the Creditors’ Meeting and will have a voting claim equivalent to the value described above and the Secured Lenders and the Noteholder Creditors will have been deemed to vote in accordance with their votes in the SemGroup POR and will have a voting claim equivalent to the value described above.

  • At the date of this Report, the Monitor does not know what number of Noteholder Creditors would be entitled to vote for “head-count” purposes.

  • The Noteholder Creditor voting procedure under the SemGroup POR process is contained in the ‘ballots’ that are to be distributed to the identified Noteholder Creditors.

  • Ordinary Creditors are defined in each CCAA Plan as Creditors holding Affected Claims other than: a) the Claims of Secured Lenders, b) the Claims of Noteholder Creditors; c) the Claims of other Applicants; and d) the Claims of US Debtors..

  • The Monitor understands that each of the Noteholder Creditors will be entitled to a ‘vote’ (when counting the number of votes for “head count” purposes) and the value attributable to these votes will be based on the amounts recognized as proven claims of the Noteholder Creditors in the US Proceedings.

  • Under the proposed CCAA Plans, recoveries to the Secured Lenders in respect of their unsecured claims and recoveries to the Noteholder Creditors will be provided for under the SemGroup POR.

Related to Noteholder Creditors

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

  • Noteholder Claims means all Obligations in respect of the Notes or arising under the Noteholder Documents or any of them, including all fees and expenses of the Trustee thereunder.

  • Second Lien Noteholders means the holders of Second Lien Notes.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • 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);

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Senior Noteholders means the holders of the Senior Notes.

  • Secured Creditors shall have the meaning assigned that term in the respective Security Documents.

  • Instituting Noteholders has the meaning set forth in Section 7.6(a) of the Indenture.

  • Notes Trustee has the meaning assigned to such term in the Recitals to this Agreement.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • Prepetition Lenders means those lenders party to the Prepetition Credit Agreement from time to time.

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

  • Noteholders means the holders of the Notes.

  • 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 Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • Class A-2 Noteholders means the Class A-2a Noteholders and the Class A-2b Noteholders.

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

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Class A-1 Noteholders Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A-1 Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A-1 Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Holders of Class A-1 Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Holders of Class A-1 Notes on the preceding Payment Date, to the extent permitted by law, at the Class A-1 Interest Rate for the related Interest Period.

  • Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.

  • 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;

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • Prepetition means arising or accruing prior to the Petition Date.