Preferred Creditor definition

Preferred Creditor means the Person holding a Preferred Claim, with respect to and to the extent of such Preferred Claim;

Preferred Creditor means any Creditor entitled to receive payment of any amount owed to it in priority to other Creditors as provided in s. 136 of the BIA;

Preferred Creditor means all or any of the following persons:

Examples of Preferred Creditor in a sentence

Schadler, ‘The IMF’s Preferred Creditor Status: Does It Still Make Sense after the Euro Crisis?’, CIGI Policy Brief n.
All of the Preferred Creditor Equity which exists as of the date of this Agreement, and each of the agreements or other documents entered into and/or setting forth the terms, rights and restrictions applicable to any such Preferred Creditor Equity, are listed and described on SCHEDULE 7.1(B) attached hereto.
This policy helps to protect the World Bank’s Preferred Creditor Treatment (PCT), which refers to the practice of borrowers to prioritize debt service to certain creditors, notably the World Bank and the IMF.
The college’s responsibility for and dedication to securing the conditions in which freedom of artistic expression can flourish extends to all forms of artistic expression, including fine arts, design, literature, and performance.
Statement from the Chief Risk Officer on World Bank’s Preferred Creditor Treatment As indicated in their Financial Statements, IDA and IBRD do not provide credits or grants to member countries (or borrowers therein) in nonaccrual status to IDA or IBRD.

Preferred Creditor means a Creditor of the Company having a Preferred Claim.

Preferred Creditor means a Creditor with a Preferred Claim;

Preferred Creditor means a Creditor with a Proven Claim that is required by the Act to be paid in priority to other Claims under a proposal made by a debtor and including, without limitation:

Preferred Creditor means any Creditor which would be entitled to receive payment of any amount owed to it in priority to other Creditors as provided under section 136 of the Act should the Company become bankrupt;

Preferred Creditor means a Creditor with a Proven Claim that is required by the Act to be paid in priority to other Claims under a proposal made by a debtor and including, without limitation:( i) employees and former employees of the Debtor, not to include independent commissioned sales agents or contractors, for amounts equal to the amounts that they would be qualified to receive under subsection 136(1)(d) of the Act if the Debtor had become a bankrupt on the Filing Date, as well as wages, salaries, commissions or compensation for services rendered after that date and before Court approval of the Proposal; ( ii) Her Majesty in Right of Canada or a Province for all Source Deductions, and Preferred Creditors has a corresponding meaning;

Preferred Creditor means any Persons holding a Preferred Claim, solely in respect to that Preferred Claim;

Preferred Creditor means a creditor receiving a preferential right to payment as envisaged in Insolvency Act other than the Receiver of Revenue.