Unaffected Creditors definition

Unaffected Creditors means Creditors holding Unaffected Claims; “Uncashed Distribution” has the meaning ascribed thereto in Section 7.5;
Unaffected Creditors means those Creditors having claims that will be dealt with in accordance with Article 6.2.
Unaffected Creditors means those Creditors having Unaffected Claims, to the extent such Claims are unaffected (for greater certainty a Person can be both a Preferred Creditor and an Unsecured Creditor in respect of distinct Claims);

Examples of Unaffected Creditors in a sentence

  • The Plan does not affect Unaffected Creditors with respect to and to the extent of their Unaffected Claims.

  • For greater certainty, this Proposal shall have no effect upon Unaffected Creditors.

  • While the paraphrase involves your own thoughts, it originates from a source and that source is cited.

  • Should the CCAA Plan not be approved by the Required Majority of the Affected Unsecured Creditors of either SSC Canada or Smurfit-MBI, members of such Classes shall be deemed thereafter to be Unaffected Creditors for all purposes of the CCAA Plan.

  • Except as otherwise set out in this Plan, the Plan does not affect the Unaffected Creditors with respect to and to the extent of their Unaffected Claims.


More Definitions of Unaffected Creditors

Unaffected Creditors means: (a) Post-Filing Creditors; (b) Secured Creditors; (c) the Crown (to the extent of any Crown Claims, only); and (d) employees of the Company in respect of accrued but unpaid vacation pay as of the Filing Date.
Unaffected Creditors means a Creditor who has an Unaffected Claim, but only in respect of and to the extent of such Unaffected Claim;
Unaffected Creditors means Creditors holding Unaffected Claims;
Unaffected Creditors means Creditors with Unaffected Claims, in respect of and to the extent of those Unaffected Claims;
Unaffected Creditors means holders of Unaffected Claims.
Unaffected Creditors has the meaning specified in Section 2.4 herein.
Unaffected Creditors means those Creditors with Unaffected Claims; (nn) “Unsecured Creditors” means Creditors with Proven Unsecured Claims;‌and (oo) “Voting Letter” shall mean the voting letter required by section 51(1) of the BIA to be mailed by the Trustee to each known Creditor prior to the Creditors’ Meeting.