Preferent Creditors definition

Preferent Creditors means Creditors having preferent claims as envisaged in terms of the Insolvency Act;
Preferent Creditors means those Creditors holding Claims which would qualify as preferential claims as envisaged in terms of the Insolvency Act;
Preferent Creditors means Creditors who have a preferent unsecured claims against the Company as envisaged in Chapter 6 of the Companies Act and / or Insolvency Law 24 of 1936, as the case may be, and as the context determines;

More Definitions of Preferent Creditors

Preferent Creditors means Persons who have a preferent unsecured Claim against the Company as envisaged in Chapter 6 of the Companies Act and / or Insolvency Act, as the case may be, and as the context determines;
Preferent Creditors means creditors having preferent claims against the Company as envisaged in terms of the Insolvency Act;
Preferent Creditors means creditors in respect of their preferent claims against the Income Plan Companies as at the effective date or the preferent portion of their claims against the Income Plan Companies as at the effective date, as the case may be;
Preferent Creditors means creditors in respect of their preferent claims against the Zambezi Companies as at the effective date or the preferent portion of their claims against the Zambezi Companies as at the effective date, as the case may be;
Preferent Creditors means Creditors having Preferent Claims;
Preferent Creditors means Creditors who would have preferent claims in a liquidation of the Company as envisaged in terms of the Insolvency Act;
Preferent Creditors means all Creditors as at the Commencement Date having statutory preferent Claims in terms of the Insolvency Act;