Scheme Creditor definition

Scheme Creditor means each person who holds a Scheme Claim as at the Record Date.

Scheme Creditor means a creditor or class of creditors of a cooperative to whom the scheme is to apply.

Scheme Creditor. ’ means a creditor of the Company in respect of a Scheme Claim;

Examples of Scheme Creditor in a sentence

• MMI has been in run-off since 1992 and the Council, like many other local authorities, is a Scheme Creditor of MMI.

• Publication and delivery in terms of that Court Order constituted delivery to every Scheme Creditor.

• The Scheme Administrators consider that the Schemes, in conjunction with the English Schemes, allow more efficient agreement of Scheme Creditor claims, earlier distribution of funds to Scheme Creditors, and earlier final closure of each insolvency.

• The Scheme Creditor shall not seek to rely on such an order, judgment, decision or award to evidence a Scheme Claim and shall have no right to enforce the order, judgment, decision or award.

• It is envisaged that the Scheme shall involve a pari passu distribution of (and at the selection by each Scheme Creditor of one of the following) cash, convertible bonds, redeemable preference shares or other options or instruments which the Company may consider appropriate for the settlement of claims of the Scheme Creditors, details of which are subject to further negotiation.

More Definitions of Scheme Creditor

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

Scheme Creditor means the Pension Scheme Trustees;

Scheme Creditor means a person with a beneficial interest as principal in the Old Notes held in global form or global restricted form through the Clearing Systems as at the Record Time and which has a right, upon satisfaction of certain conditions, to be issued definitive notes in accordance with the terms of the Old Notes and the Old Notes Indenture.

Scheme Creditor means in respect of the Scheme, a legal or natural person who has, or who claims to have, Provable Claims (including, for the avoidance of doubt, any Admitted Claim whether unpaid or paid in full or in part);

Scheme Creditor means any Policyholder, other than an Excluded Policyholder, who purchased a Product.

Scheme Creditor means any Product Holder, other than an Excluded Product Holder, who purchased (or renewed) a Scheme Card Security Product on or after 14 January 2005 but before the Amendment Date, whether or not they still hold a Scheme Card Security Product, who has a Scheme Claim.

Scheme Creditor means a person with a beneficial interest as principal in the Notes