Recovering Creditor definition

Recovering Creditor has the meaning ascribed to it in Clause 10.1.
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Recovering Creditor has the meaning given to it in Clause 24.1 (Payments to Secured Parties, High Yield Notes Finance Parties and High Yield Noteholders).
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Examples of Recovering Creditor in a sentence

  • If a Secured Party (a "Recovering Creditor") makes a Recovery in respect of any amounts owed by any ICA Group Company other than in accordance with Clause 14.1 (Order of Application) such Recovering Creditor shall not be entitled to retain such amount and shall notify the Security Agent and forthwith pay such amount to the Security Agent for application in accordance with Clause 14.1 (Order of Application).

  • If a Secured Party (a “Recovering Creditor”) makes a Recovery in respect of any amounts owed by the Company other than in accordance with Clause 11.1 (Order of Application) such Recovering Creditor shall not be entitled to retain such amount and shall notify the Security Agent and forthwith pay such amount to the Security Agent for application in accordance with Clause 11.1 (Order of Application).

  • If a Secured Party (a "Recovering Creditor") makes a Recovery in respect of any amounts owed by any ICA Group Company other than in accordance with Clause 16.1 (Order of Application) such Recovering Creditor shall not be entitled to retain such amount and shall notify the Security Agent and forthwith pay such amount to the Security Agent for application in accordance with Clause 16.1 (Order of Application).

  • Redistribution Any amount paid by a Creditor (a "Recovering Creditor") to the Common Paying Agent under Clause 3 (Turnover of Receipts by Creditors) or to any other Party in accordance with Clause 3.4 (Payments between Creditors) shall be treated as having been paid by the Beneficiary Member State to the Common Paying Agent.

Related to Recovering Creditor

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

  • Junior Creditor means any Defaulting Bank which has not (x) fully cured each and every default on its part under the Loan Documents and (y) unconditionally tendered to the Administrative Agent such Defaulting Bank’s Pro Rata Share of all costs, expenses and disbursements required to be paid or reimbursed pursuant to the terms of the Loan Documents.

  • Creditor has the meaning set forth in Section 3.3.

  • 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;

  • DIP Lender means a lender under the DIP Facility.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • judgment creditor means the person in whose favour the judgment was given, and includes any person in whom the rights under the judgment have become vested by succession or assignment or otherwise;

  • Benefited Party has the meaning specified in Section 15.01.

  • ABL Lender means any lender or holder or agent or arranger of Indebtedness under the ABL Credit Agreement.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • business interest ’ means —

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

  • Hedging Party means at any relevant time, the Issuer, or any of its affiliates or any other party providing the Issuer directly or indirectly with hedging arrangements in relation to the Notes as the Issuer may select at such time.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Excess Interest With respect to each ARD Mortgage Loan, additional interest accrued on such ARD Mortgage Loan after the Anticipated Repayment Date allocable to the difference between the Revised Rate and the Mortgage Rate, plus any compound interest thereon, to the extent permitted by applicable law and the related Loan Documents. The Excess Interest on any ARD Mortgage Loan shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • Senior Lender means each holder of a Senior Note.

  • Enforcing Party In connection with any Repurchase Request, (i) in the event one or more Requesting Certificateholders or Consultation Requesting Certificateholders has delivered a Final Dispute Resolution Election Notice with respect thereto pursuant to Section 2.03(g) of this Agreement, with respect to the mediation or arbitration that arises out of such Final Dispute Resolution Election Notice, such Requesting Certificateholder(s) and/or Consultation Requesting Certificateholder(s), or (ii) in all other cases, the Enforcing Servicer.

  • Agent Indemnitee as defined in Section 9.7.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Exculpated Party means, collectively, and in each case in its capacity as such: (a) the Debtors;

  • Subordinated Creditor means any creditor of Tenant which is a party to a Subordination Agreement in favor of Landlord.

  • injured party means any person entitled to claim compensation in respect of any loss or injury caused by a vehicle;

  • Lender Indemnitees shall have the meaning given to it in Section 14.19 hereof.

  • leprosy cured person means a person who has been cured of leprosy but is suffering from—

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.