Specified Senior Creditors means (a) depositors of the Issuer, (b) other unsubordinated creditors of the Issuer and (c) subordinated creditors (excluding creditors in respect of Subordinated Parity Securities and Subordinated Junior Securities) of the Issuer in respect of any present or future obligation, whether dated or undated, of the Issuer which by its terms is, or is expressed to be, subordinated in the event of liquidation, dissolution, administration or other winding up of the Issuer by way of public administration, to the claims of depositors and all other unsubordinated creditors of the Issuer;

Specified Senior Creditors means all unsubordinated creditors of the Issuer including Holders of Senior Non-Preferred Instruments and Senior Instruments.

Specified Senior Creditors means (a) depositors of the Issuer; (b) holders of Senior Preferred Notes; (c) holders of Senior Non-Preferred Notes (both before and after the time at which the Creditor Hierarchy Directive is implemented in Norway); (d) creditors in respect of any Non- Preferred Parity Securities and any Statutory Non-Preferred Claims, if any; (e) all unsubordinated creditors of the Issuer (to the extent not referred to above); and (f) creditors who are subordinated creditors of the Issuer (whether in the event of the liquidation, dissolution, administration or other winding-up of the Issuer or otherwise) other than those subordinated creditors whose claims by law rank, or by their terms are expressed to rank, pari passu with or junior to the claims of the holders of Subordinated Notes.

Examples of Specified Senior Creditors in a sentence

If any Specified Senior Creditor is required in any Insolvency or Liquidation Proceeding or otherwise to turn over or otherwise pay to the estate of the Borrower or any other Grantor any amount (a "Recovery"), then the Specified Senior Obligations shall be reinstated to the extent of such Recovery and the Specified Senior Creditors shall be entitled to a reinstatement of such Specified Senior Obligations with respect to all such recovered amounts.
The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Specified Senior Creditors, on the one hand, and the Specified Subordinated Creditors, on the other hand.
This is a continuing agreement of subordination and the Specified Senior Creditors may continue, at any time and without notice to the Specified Subordinated Creditors, to extend credit and other financial accommodations and lend monies to or for the benefit of Holdings, the Borrower or any other Grantor constituting Specified Senior Obligations in reliance hereon.

More Definitions of Specified Senior Creditors

Specified Senior Creditors means (a) depositors of the Issuer and (b) all other unsubordinated creditors of the Issuer (including, inter alia, (A) holders of Senior Preferred Notes and Senior Non-Preferred Notes (both before and after the giving of the Ranking Notice) and (B) creditors in respect of any Non-Preferred Parity Securities and any Statutory Non-Preferred Claims, if any).

Specified Senior Creditors means (a) depositors of the Issuer; (b) holders of Senior Preferred Notes; (c) holders of Senior Non-Preferred Notes (both before and after the time at which the

Specified Senior Creditors means (a) depositors of the Issuer, (b) all other unsubordinated creditors of the Issuer (including, inter alia, (A) holders of Senior Preferred Notes and Senior Non-Preferred Notes and (B) creditors in respect of any Non-Preferred Parity Securities and any Statutory Non-Preferred Claims, if any) and (c) subordinated creditors (excluding creditors in respect of Subordinated Parity Securities and Subordinated Junior Securities) of the Issuer in respect of any present or future obligation, whether dated or undated, of the Issuer which by its terms is, or is expressed to be, subordinated in the event of liquidation, dissolution, administration or other winding up of the Issuer by way of public administration, to the claims of depositors and all other unsubordinated creditors of the Issuer.

Specified Senior Creditors means (a) depositors of the Issuer, (b) all other unsubordinated creditors of the Issuer (including, inter alia, (A) holders of Senior Preferred

Specified Senior Creditors means (a) until the Discharge of Senior Obligations has occurred, the Senior Agents and the Senior Lenders, (b) thereafter, until the Discharge of CHG Lease Obligations has occurred, the Junior Creditors, (c) thereafter, until the Discharge of First Subordinated Notes has occurred, the holders of the First Subordinated Notes, and (d) thereafter, the holders of the Second Subordinated Notes.

Specified Senior Creditors means a holder or holders of Specified Senior Secured Indebtedness and includes any representative or representatives of any such holder or holders.