Other Unsecured Creditors definition

Other Unsecured Creditors means the holders of any Other Unsecured Claim, each in respect of their Other Unsecured Claim only.
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Examples of Other Unsecured Creditors in a sentence

  • As a result, absent settlement, it is unlikely Other Unsecured Creditors will receive any recovery on their claims.

  • The rights of the SIHNV Financial Creditors, Intra-Group Creditors and Other Unsecured Creditors under the SIHNV CPU Claims, Intra-Group Claims and Other Unsecured Claims (respectively), are fully preserved if the Settlement Effective Date would occur, which constitutes a more beneficial outcome for those creditors as compared to the liquidation or insolvency of SIHNV.127.132.

  • Accordingly, the rights of the Other Unsecured Creditors will be preserved under this SIHNV Composition Plan.

  • A failure to pay such Other Unsecured Creditors may result in essential services being withdrawn, foreign authorities taking public law measures against SIHNV and/or a failure to fund the payment to SIHNV MPC Claimants and SIHNV Contractual Claimants by SRF.

  • The Other Unsecured Creditors represent a combination of trade and de minimis Claims owed to essential service providers, insurance creditors, members of SIHNV's boards (for remuneration and management fees to its current members) and other administrative costs.

  • In conclusion, any recovery for SIHNV MPC Claimants and SIHNV Contractual Claimants under this SIHNV Composition Plan and the preservation of rights for the SIHNV Financial Creditors, Intra-Group Creditors and Other Unsecured Creditors will represent a material improvement on the outcome under the Liquidation Comparator.

  • In addition, if the Debtors believe that it will facilitate implementation of the Plan, SCSL Other Unsecured Creditors except for any employees that have or may assert Claims against SCSL that give rise to Equalization-Related Employee Claims may participate in the U.K. Scheme of Arrangement.

  • EUR 5,280,000 4,500,500 in respect of currently known Other Unsecured Creditors, see Schedule 5 (List of Other Unsecured Creditors)), it is clear that paying such Other Unsecured Creditors in full will only marginally affect the recovery of the other SoP Creditors, whereas not paying them could have a material adverse, if not fatal, effect on the successful execution and performance of this SIHNV Composition Plan by SIHNV.

  • The Proposed Plan Discriminates Against Insurers By Treating Them Far Differently Than Other Unsecured Creditors 37 B.

  • Local transmission to small users takes place in the distri- bution grids.The main grid serves electricity producers and consumers by enabling a functional electricity market throughout the country as well as cross-border trade.

Related to Other Unsecured Creditors

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

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

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • 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 Secured Credit Agreement means the Amended and Restated Credit Agreement dated as of July 31, 2008 among the Company, as Borrower, JPMorgan Chase Bank, N.A., as Administrative Agent, and the lenders parties thereto from time to time, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 1111).

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

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Original Closing Date, among Holdings, the Borrower, as borrower, the lenders party thereto and Credit Suisse AG, Cayman Islands Branch, as administrative agent, as such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

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

  • Senior Creditors means creditors of the Issuer: (a) who are unsubordinated creditors of the Issuer; (b) whose claims are, or are expressed to be, subordinated to the claims of unsubordinated creditors of the Issuer but not further or otherwise; or (c) whose claims are, or are expressed to be, junior to the claims of other creditors of the Issuer, whether subordinated or unsubordinated, other than those whose claims rank, or are expressed to rank, pari passu with, or junior to, the claims of the Holders in a winding-up in respect of the Securities (and, for the avoidance of doubt, Senior Creditors shall include holders of Tier 2 Capital instruments);

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

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

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

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Senior Secured Credit Facilities means the revolving credit facility and other credit facilities under the Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings, refinancings or replacements thereof and any one or more indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund, supplement or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, trustee, lender or group of lenders or holders.

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

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • 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;

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

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

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “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”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

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