Scheme Claim definition

Scheme Claim means all actual, potential, alleged, threatened or disputed Liabilities that a Suspension Date Investor is owed or may be owed by LFSL arising out of, or in connection with:

Scheme Claim means any claim or right to which the Scheme Creditor is or may in any circumstances become entitled to bring or enforce against the Company in respect of or arising from, whether directly or indirectly, the Pension Schemes Indebtedness;

Scheme Claim means a Claim of a Creditor which has been accepted by the Chairman in accordance with this Scheme.

Examples of Scheme Claim in a sentence

• In the event that the FOS declines to issue a further decision or adjudication in respect of a Scheme Claim referred to it, the Scheme Claimant's Ascertained Scheme Liability (if any) in respect of that Scheme Claim shall be the amount determined by the Scheme Adjudicator.

• A final decision made by the FOS in respect of a Scheme Claim appealed to it in accordance with this Clause 4.9 shall be an Ascertained Scheme Liability.

• No Scheme Creditor shall be entitled to rely on such an order, judgment, decision or award to prove a Scheme Claim and no Scheme Creditor shall have any right to enforce any such order, judgment, decision or award.

• All creditors without an Established Scheme Claim (“ESC”), or who wanted to increase the value of their ESC, in respect of the English Scheme Companies were required to submit FCFs by the Bar Date.

• It shall be a term of such recognition that the assignee or transferee of a Scheme Claim so recognised by the Scheme Company shall be bound by the terms of the Schemes and for the purposes of the Schemes shall be a Scheme Creditor.

More Definitions of Scheme Claim

Scheme Claim means any claim entitled to a distribution solely under the Scheme of Arrangement.

Scheme Claim has the meaning given to it in the Explanatory Statement;

Scheme Claim means any claim against the Company in respect of any liability of the Company arising directly or indirectly in relation to the Senior Notes including any liability of the Company in respect of loss or damage suffered or incurred by any person as a result of investing in the Senior Notes, or pursuant to or under the terms of the Indenture, excluding, however, any claims against the Company by the Trustee pursuant to section 7.7 of the Indenture and any claims against the Company by the Depositary pursuant to section 3.06 of the Deposit Agreement;

Scheme Claim means any Claim of a Scheme Creditor in respect of a Liability of the Company or any Old Notes Subsidiary Guarantor arising directly or indirectly pursuant to, under or in connection with the Old Notes Documents on or before the Record Time or which may arise after the Record Time as a result of an obligation or Liability of the Company or any Old Notes Subsidiary Guarantor incurred or as a result of an event occurring or an act done on or before the Record Time (including, for the avoidance of doubt, any interest accruing on, or accretions arising in respect of, such Claims before, on or after the Record Time but, excluding for the avoidance of doubt, any Claim in respect of any Liability of the Company or any Old Notes Subsidiary Guarantor which arises as a result of a failure to comply with any of the terms of the Schemes).

Scheme Claim has the meaning given to that term in the Scheme. "Scheme Creditor" has the meaning given to that term in the Scheme. "Settlement Account" has the meaning given to that term in the Scheme. "Termination Date" has the meaning given to that term in the Scheme. "Third Party" means a person other than LFSL.

Scheme Claim means any claim in respect of any Liability of the Company to any person arising out of an interest in each or any of the Existing HY Notes, the Convertible Bonds or the Existing Offshore Loans;

Scheme Claim means, as the context shall require, any Claim of a DIFL Scheme Creditor against either Company, arising directly or indirectly out of, or in relation to and/or in connection with: (i) in respect of the Scheme Claims of the DIFL Secured Noteholders, the DIFL Secured Notes and/or the Existing Secured Notes Indenture; (ii) in respect of the Scheme Claims of the DIFL Unsecured Noteholders, the DIFL Unsecured Notes and/or the Existing Unsecured Notes Indenture; (iii) in respect of the Scheme Claims of the DIFL Subordinated Noteholders, the DIFL Subordinated Notes and/or the Existing Subordinated Notes Indenture; and/or (iv) in respect of the Schemes Claims of the Term Loan Lenders, the Term Loans, the Credit Agreement and/or the Intercreditor Agreement, in each case, whether before, at or after the Record Date (provided that, solely for voting purposes, all Scheme Claims shall be determined by reference to the relevant principal amount of Existing Notes or Term Loans (as the case may be) excluding any accrued and uncapitalised interest or other amounts), and excluding in each case any Excluded Claims.