Secured Creditor definition

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

Secured Creditor means any Deed Company Creditor who holds any mortgage, charge (including floating charge), pledge, lien or other security in respect of their Deed Company Claim over property of the Deed Company;

Secured Creditor means the holder of a Secured Claim.

Examples of Secured Creditor in a sentence

• The Administrative Agent shall have no obligation to calculate the amount to be distributed with respect to any Obligations under any Designated Hedging Agreements and Designated Treasury Services Agreements, and may request a reasonably detailed calculation of such amount from the applicable Secured Creditor.

• If a Secured Creditor fails to deliver such calculation within five days following request by the Administrative Agent, the Administrative Agent may assume the amount to be distributed is zero.

• No part of the proceeds from the sale of any Borrower PP Notes constitutes or will constitute funds obtained on behalf of any Sanctions Restricted Person or will otherwise be used by it or its Affiliates, directly or indirectly, (A) in connection with any investment in, or any transactions or dealings with, any Sanctions Restricted Person, (B) for any purpose that would cause any Borrower Secured Creditor to be in violation of any Sanctions or (C) otherwise in violation of any Sanctions.

• Such agreement shall be conclusive evidence that the indebtedness specified therein is Secured Indebtedness, however, nothing herein shall impair the rights of any Secured Creditor who has not entered into such an agreement.

• The Security is to be granted in favour of the Borrower Security Trustee on behalf of each Borrower Secured Creditor from time to time.

More Definitions of Secured Creditor

Secured Creditor means a creditor in favour of whom security interest is created;

Secured Creditor means a person holding a mortgage charge or lien on the property of the debtor, or any part thereof, as a security for a debt due to him from the debtor;

Secured Creditor means each person that is entitled to the benefit of Secured Payment Obligations.

Secured Creditor means each person that is entitled to the benefit of Secured Issuer Obligations.

Secured Creditor. , in relation to a company, means a person entitled to a charge on or over property owned by that company;

Secured Creditor means any Creditor holding a Secured Claim.

Secured Creditor means a holder or holders of Secured Indebtedness and includes any representative or representatives, agent or agents or trustee or trustees of any such holder or holders;