Stanford Investors definition

Stanford Investors means customers of Stanford International Bank, Ltd., who, as of February 16, 2009, had funds on deposit at Stanford International Bank, Ltd., and/or were holding certificates of deposit issued by Stanford International Bank, Ltd.
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Stanford Investors means the customers of Stanford International Bank, Ltd. (“SIBL”), who, as of February 16, 2009, had funds on deposit at SIBL, and/or were holding certificates of deposit issued by SIBL.
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Stanford Investors is defined on pages 4-5 of the Agreement.
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Examples of Stanford Investors in a sentence

  • The Committee Order confers upon the Committee the right to investigate and pursue claims on behalf of the Stanford Investors and for the Receivership Estate (by assignment from the Receiver).

  • On August 10, 2010, this Court entered its order (the “Committee Order”) creating the Committee and appointing the Committee to “represent[] in [the SEC Action] and related matters” the Stanford Investors.

  • Plaintiffs and their counsel spent considerable time and effort to reach a settlement that is fair and equitable to the Receivership Estate and the defrauded Stanford Investors.

  • Pursuant to the Settlement Agreement and upon motion by the Receiver, this Court will approve a Distribution Plan that will fairly and reasonably distribute the net proceeds of the Settlement to Stanford Investors who have Claims approved by the Receiver.

  • In order to carry out the duties delegated to him by this Court, the Receiver seeks complete and exclusive control, possession, and custody of all CD Proceeds received by the Stanford Investors.

  • All Stanford Investors have been given notice of the Receivership and the claims process, and the vast majority of them have filed claims and are participating in the Receivership distribution process.

  • The Stanford Investors hold CD Proceeds they obtained as a result of taking undue advantage, and such CD Proceeds in equity and good conscience belong to the Receivership for ultimate distribution to the defrauded investors.

  • The Stanford Defendants, who orchestrated the Ponzi scheme, transferred the CD Proceeds to the Stanford Investors with actual intent to hinder, delay, or defraud their creditors.

  • In addition, each of these Stanford Investors received more in CD Proceeds than they invested in SIBL CDs. See id.

  • The Receiver is entitled to disgorgement of all CD Proceeds paid to the Stanford Investors because such payments constitute fraudulent transfers under applicable law.


More Definitions of Stanford Investors

Stanford Investors means customers of Stanford International Bank, Ltd. (“SIB”), who, as of February 16, 2009, had funds on deposit at SIB, and/or were holding certificates of deposit issued by SIB.
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Stanford Investors means the individuals, entities, and/or customers who, as of February 16, 2009, had funds on deposit at Stanford International Bank, Ltd., or were holding certificates of deposit issued by Stanford International Bank, Ltd. PLEASE TAKE FURTHER NOTICE that the Settlement Amount is Sixty-Five Million US Dollars ($65,000,000.00). The Settlement Amount, less any fees and costs awarded by the Court to the attorneys for the Receiver (“Net Settlement Amount”), will be deposited with and distributed by the Receiver pursuant to a Distribution Plan hereafter to be approved by the Court in the Stanford receivership proceeding, SEC x. Xxxxxxxx Int’l Bank, Ltd., et al., (Case No. 3:09- cv-0298-N) (the “SEC Action”). This matter may affect your rights and you may wish to consult an attorney. The material terms of the Agreement are as follows:
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Stanford Investors means customers of Stanford International Bank, Ltd., who, as of February 16, 2009, had funds on deposit at Stanford International Bank, Ltd., and/or were holding certificates of deposit issued by Stanford International Bank, Ltd. 4 “Claimants” refers generally to any Persons who have submitted a Claim to the Receiver or to the Joint Liquidators.
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Related to Stanford Investors

  • Investors has the meaning set forth in the preamble.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Co-Investors means each of (a) the Fund and the Fund Affiliates (excluding any of their portfolio companies) and (b) the Management Group.

  • Majority Investors means, as of any date, the holders of a majority of the Investor Shares outstanding on such date.

  • Qualified Investors means investors who are professional clients (client professionnel/professionele cliënt) or eligible counterparty (contrepartie éligible/in aanmerking komende tegenpartij) as defined in the Belgian Prospectus Law of 16 June 2006 (as amended from time to time). The Qualified Investors may bear a lower Entry Fee (as defined under item 77 of Part A) depending on (i) the evolution of the credit quality of the Issuer (credit spread), (ii) the evolution of interest rates, (iii) the success (or lack of success) of the placement of the Notes, and (iv) the amount of Notes purchased by an investor, each as determined by each relevant distributor (including BNP Paribas Fortis SA/NV) in its sole discretion. Conditions to which the offer is subject: The Offer of the Notes is conditional on its issue.

  • Other Investors shall have the meaning set forth in the Preamble.

  • Existing Investors shall have the meaning given in the Preamble hereto.

  • Institutional Investors means any regulated investment company, segregated asset account, foreign investment company, common trust fund, group trust or other investment arrangement, whether organized within or without the United States of America.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • TPG has the meaning set forth in the preamble.

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Management Investors means the officers, directors and employees of Holdings, the Borrower and the Subsidiaries who become investors in Holdings or any of its Parent Entities or in the Borrower.

  • Required Investors means the Investors holding a majority of the Registrable Securities.

  • Equity Investors means the Sponsors and the Management Stockholders.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Majority Holders means at any time the Holders of Warrants exercisable for a majority of the shares of Warrant Stock issuable under the Warrants at the time outstanding.

  • Initial Investors means (A) X.L. Insurance Company, Ltd.; (B) The Trident Partnership, L.P.; (C) Xxxxx & McLennan Risk Capital Holdings, Ltd.; or (D) any majority-owned subsidiary or parent (or equivalent in the case of a non-corporate entity) of the foregoing.

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.