Relevant Creditors definition

Relevant Creditors means the creditors who, if the decision were to be made by a qualifying decision procedure, would be entitled to vote in the procedure.
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Relevant Creditors means each person or legal entity that is a holder of bonds or other debt securities of the Company, traded on a regulated market, an over-the-counter market or otherwise, and with an original maturity in excess of one year.
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Relevant Creditors means creditors of the Issuer (including the Issuer’s policy owners) other than those whose claims are expressed to rank pari passu or junior to the claims of the holders of the Subordinated Notes;
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Examples of Relevant Creditors in a sentence

  • Any such instructions given by such a person will be binding on all the Relevant Creditors subject to the provisions of Clause 12 (Enforcement of Security).

  • Notices shall be effective (a) if given by registered or certified mail, on the third day after deposit in the mails with postage prepaid, addressed as aforesaid or (b) if given by recognized overnight delivery service, on the business day following deposit with such service, addressed as aforesaid; provided that all notices to the Secured Party shall be effective on receipt.

  • If under applicable law it is not able to hold any security created by a Transaction Security Document as trustee, the Security Agent shall accept and hold that part in its own name (but on behalf of the Relevant Creditors) to deal with that part in accordance with this Agreement and the Security Agent undertakes to apply that part as set out in this Agreement.


More Definitions of Relevant Creditors

Relevant Creditors means any creditor or claimant in respect of a Relevant Liability;
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Relevant Creditors has the meaning given to it in Clause 18.1(a) (Appointment).
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Related to Relevant Creditors

  • Senior Creditors means creditors of the Issuer: (a) who are unsubordinated creditors of the Issuer; (b) whose claims are, or are expressed to be, subordinated to the claims of unsubordinated creditors of the Issuer but not further or otherwise; or (c) whose claims are, or are expressed to be, junior to the claims of other creditors of the Issuer, whether subordinated or unsubordinated, other than those whose claims rank, or are expressed to rank, pari passu with, or junior to, the claims of the Holders in a winding-up in respect of the Securities (and, for the avoidance of doubt, Senior Creditors shall include holders of Tier 2 Capital instruments);

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

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

  • Unsecured Creditors means all Creditors with Concurrent Claims against the Company;