Sentence examples for existing creditors of from inspiring English sources

Under the deal, certain reinvestment opportunities will be offered to some existing creditors of the company.

Every person becoming a shareholder by such transfer shall, in proportion to his shares, succeed to all rights and liabilities of the prior holder of such shares; and no change shall be made in the articles of association by which the rights, remedies, or security of the existing creditors of the association shall be impaired.

These reforms include settling with existing creditors on previous defaults, removing currency controls and taming inflation.

"The imposition of an irrecoverable fine on an entity now in liquidation is futile and only prejudices the ability of existing creditors to recover any money.

"The imposition of an irrecoverable fine on an entity which is now in liquidation is futile and only prejudices the ability of existing creditors to recover any money.

The share you own is a share of the company that's now in bankruptcy and you're in the back of the line behind all of that company's existing creditors.

Instead, these companies insulate themselves from existing creditors by obtaining a new line of credit called a DIP (Debtor In Possession) loan that is senior to all existing loans, and then proceed to continue operations as before, albeit with a judge's blessing.

This law provides a unified procedure establishing a mandatory period of observation to determine whether the insolvent enterprise can be rescued, if necessary at the expense of the owners and existing creditors, or whether liquidation is unavoidable.

Very little, if anything, of that million dollars will go the paper's existing creditors.

By then, the debtor country could, ostensibly, afford to repay part of what it owed; it's important to reconcile with existing creditors if a country wants to borrow more money in the international markets.

Along with the equity of the good bank, these assets would be owned by the existing creditors.