Scheme Creditors definition
Examples of Scheme Creditors in a sentence
Ltd who is the independent financial advisor and scheme manager for the Restructuring Exercise, and Scheme Creditors, and will only be finalised upon approval of the Scheme.
Based on the assumption that 5,439,319 Shares will be allotted and issued to the to the Scheme Creditors based on the current Scheme proposal as at date of this announcement.
Telewest proposes to enter into a creditors’ scheme of arrangement (the Telewest Scheme) under section 425 of the Companies ▇▇▇ ▇▇▇▇ (the Act) with its Scheme Creditors (as defined in the Telewest Scheme).
For the avoidance of doubt, the Class B Scheme Creditors shall receive no distribution from the Company under the Scheme.
It is anticipated that all Scheme Creditors will have the opportunity to take exposure in relation to the Facilities.