Relevant Creditor definition

Relevant Creditor has the meaning given in Clause 3.1;
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Relevant Creditor means holders of the Agreed Securities and any other creditor of the Telewest Group (which is not a member of the TCN Group);
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Relevant Creditor has the meaning given in Clause 3.1; "Subsidiary" means, with respect to Carnival or P&O Princess, any entity, whether incorporated or unincorporated, in which such company owns, directly or indirectly, a majority of the securities or other ownership interests having by their terms ordinary voting power to elect a majority of the directors or other persons performing similar functions, or the management and policies of which such company otherwise has the power to direct; and "Subsidiary Undertaking" has the meaning as defined in section 258 of the Companies Act 1985 (an Act of Parliament). 1.2 Interpretation Headings are for convenience only and do not affect interpretation. The following rules of interpretation apply unless the context requires otherwise. (A) The singular includes the plural and conversely. (B) One gender includes all genders. (C) Where a word or phrase is defined, its other grammatical forms have a corresponding meaning.
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Examples of Relevant Creditor in a sentence

  • After all Senior Indebtedness is paid in full and until the indebtedness evidenced by this agreement or instrument is paid in full, the Relevant Creditor shall be subrogated to the rights of the holders of Senior Indebtedness.

  • This Section 2 defines the relative rights of the Relevant Creditor and the holders of Senior Indebtedness.

  • The Relevant Obligor agrees to hold the benefit of these provisions as incorporated in this agreement or this instrument as trustee for and on behalf of the Trustee and the Holders of the Securities and the Relevant Obligor shall be a party to the agreement or instrument in such capacity and shall give the Relevant Creditor (and the Relevant Obligor on its own behalf) one dollar as valuable consideration in respect of the agreements given to it in such capacity as trustee.

  • For purposes of this Section 2.5, a distribution made under this Section 2 to holders of Senior Indebtedness which otherwise would have been made to the Relevant Creditor, or a payment made by the Relevant Creditor to holders of Senior Indebtedness in respect of a turnover obligation under this Section 2, is not, as between the Relevant Obligor and such holder, a payment by the Relevant Obligor on Senior Indebtedness.

  • This Section 2 defines the relative rights of the Relevant Creditor on the one hand and the Holders on the other hand.

  • After all Senior Indebtedness or Indenture Obligations are paid in full and until the indebtedness evidenced by this agreement or instrument is paid in full, the Relevant Creditor shall be subrogated to the rights of the holders of Senior Indebtedness or the Holders, as the case may be.

  • If for any reason Thomson does not make such payment on its due date, Thomson-Reuters shall pay the amount due and unpaid to the Relevant Creditor upon written demand upon Thomson-Reuters by the Relevant Creditor.

  • The Company agrees to hold the benefit of these provisions as incorporated in this agreement or this instrument as trustee for and on behalf of the holders, from time to time, of Senior Indebtedness, the Trustee and the Holders and the Company shall be a party to the agreement or instrument in such capacity and shall give the Relevant Creditor (and the Company on its own behalf) one dollar as valuable consideration in respect of the agreements given to it in such capacity as trustee.

  • If for any reason Carnival does not make such payment on its due date, P&O Princess shall pay the amount due and unpaid to the Relevant Creditor upon written demand upon P&O Princess by the Relevant Creditor.

  • After all Securities and Indenture Obligations are paid in full and until the indebtedness evidenced by this agreement or instrument is paid in full, the Relevant Creditor shall be subrogated to the rights of the Holders.


More Definitions of Relevant Creditor

Relevant Creditor means the Restructuring Creditors, creditors in relation to Related Party Debt and Samruk-Kazyna;
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Relevant Creditor means, with respect to any Obligation, the Creditor to whom or to which such Obligation is owed;
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Related to Relevant Creditor

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

  • 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;

  • Relevant Claim means a civil claim made in respect of any of the following—

  • 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;

  • 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.

  • Unsecured Creditor means the holder of an Unsecured Claim.

  • Creditor Party means the Agent, the Security Trustee, the Swap Bank or any Lender, whether as at the date of this Agreement or at any later time;

  • Finance Party means the Agent, the Arranger or a Lender.

  • relevant week means the reduction week or part-week in which the capital in question of which the applicant has deprived himself within the meaning of paragraph 67(1)—

  • Guaranteed Creditors means and include each of the Agent, the Collateral Agent, the Banks and each party (other than any Credit Party) party to an Interest Rate Protection Agreement or Other Hedging Agreement to the extent such party constitutes a Secured Creditor under the Security Documents.

  • Senior Lender means each holder of a Senior Note.

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • operational creditor means a person to whom an operational debt is owed and includes any person to whom such debt has been legally assigned or transferred;

  • Relevant Customer means a person, firm or company who during the period of twelve months immediately preceding the Termination Date conducted a business relationship (including, without limitation, the provision of services and the negotiation for the same) with the Company or any Group Company and with whom the Executive had significant contact as an employee of the Company;

  • Creditor Parties means, collectively, the Administrative Agent, the Lenders, the L/C Issuers and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing.

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

  • Creditor has the meaning set forth in Section 3.3.

  • Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

  • 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);

  • Relevant Benchmark means the Index, the Reference Interest Rate and any other index, benchmark or price source by reference to which principal or other amounts payable under the Securities is calculated.

  • Administrative Party means an Arranger or the Facility Agent.

  • Intervening Creditor has the meaning assigned to such term in Section 2.01(a).

  • 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.

  • relevant loss means any loss or liability which has been or may be incurred by a relevant officer in connection with that relevant officer's duties or powers in relation to the Company, any associated company or any pension fund or employees' share scheme of the Company or associated company; and

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

  • Creditor Representative means, with respect to Series 2023-2, the Indenture Trustee.