Payoff Creditors definition

Payoff Creditors means the creditors of Indebtedness in Schedule 1.1(oooo) of the Disclosure Letter.
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Payoff Creditors means the creditors of Indebtedness listed in Part A of the Closing Indebtedness and Cash Statement;
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Payoff Creditors means the creditors holding the Indebtedness of the Target Entity specifically listed in Schedule 1.1(140).
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More Definitions of Payoff Creditors

Payoff Creditors means the creditors holding the Debt of the Company specifically listed in Schedule 1.1(a);
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Payoff Creditors means the creditors of such Indebtedness specifically listed in Exhibit B hereto.
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Payoff Creditors means the creditors of the Indebtedness as listed in Schedule 1.1(pppp) of the Disclosure Letter. (qqqq) “Payoff Debt” means the Indebtedness owing to the Payoff Creditors as at the Effective Time. (rrrr) “Payoff Letter” means, with respect to any Payoff Creditor, a letter or other instrument addressed by such Payoff Creditor to the Operating Entities setting out the Indebtedness as at the Effective Time owed to such Payoff Creditor and containing an irrevocable undertaking from such Payoff Creditor to terminate all financial instruments relating to such Indebtedness and to take all required actions in order to discharge all Liens on the assets of the Operating Entities that exist for its benefit, subject to receipt of payment of such Indebtedness. (ssss) “Permitted Liens” means: (i) Liens for Taxes, assessments or governmental charges or levies which relate to obligations not yet due or delinquent or, if due, the validity of which are being contested in good faith by appropriate proceedings; (ii) the Facility Lease; (iii) inchoate or statutory liens of contractors, subcontractors, mechanics, workers, suppliers, materialmen, carriers and others in respect of the construction, maintenance, repair or operation of real or personal property for sums owed to such providers, worker or suppliers that are not yet past due; (iv) easements, servitudes, restrictions, restrictive covenants, rights of way, licences, permits and other similar rights in real property; (v) zoning and building by laws and ordinances, regulations made by public authorities and other restrictions affecting or controlling the use, marketability or development of real property; (vi) agreements with any municipal, provincial or federal governments or authorities and any public utilities or private suppliers of services, including (without limitation) subdivision agreements, development agreements, site control agreements, engineering, grading or
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Related to Payoff 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);

  • Second Lien Agent has the meaning set forth in the Intercreditor Agreement.

  • 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;