Examples of CVA Creditor in a sentence
Unless the Supervisors allow otherwise, a Claim Form in respect of money owed on a bill of exchange, promissory note, cheque or other negotiable instrument or security cannot be admitted unless there is produced the instrument or security itself or a copy of it, certified by the CVA Creditor or his authorised representative to be a true copy.
In the case of rent and other payments of a periodical nature, the CVA Creditor in its Claim Form may prove for any amounts due and unpaid up to the Administration Date.
A CVA Creditor may withdraw his CVA Claim at any time by delivering a written notice to the Supervisors.
If, after a CVA Creditor has received Distributions in respect of an Allowed Claim, its Allowed Claim is withdrawn or expunged, or its amount is reduced, the CVA Creditor shall repay the Company any amount overpaid by way of Distribution (with payment to be made to an account nominated by the Administrators.
In the case of a Claim Form or other notice which is signed on behalf of a CVA Creditor which is a corporation or other legally constituted person or a partnership, the Supervisors shall not be required to make enquiry as to the authority of the signatory to sign such notice on behalf of such CVA Creditor.
The amount of any Allowed Claim (or the amount sought in any Claim Form) may be varied at any time by agreement between that CVA Creditor and the Supervisors.
A Claim Form or other notice shall be expressed in the English language unless such Claim Form or other notice is given by a CVA Creditor who has his habitual residence, domicile or registered office in a Member State of the European Union other than the UK, in which case it may be given in the official language or one of the official languages of that other member state.
No Supervisor shall assume any fiduciary or other duty or responsibility to any CVA Creditor as a result of the implementation or operation of the CVA.
Without prejudice to any of their other rights to recover such overpayment the Company and the Supervisors shall be entitled to deduct any overpayment made to a CVA Creditor from any further sum or sums due from time to time to such CVA Creditor by way of Distribution.
For the purpose of making Distributions the Supervisors may estimate the amount which would be payable to a CVA Creditor from either or both of the Main Asset Waterfall and the Local Asset Waterfall and may make distributions from both Waterfalls based on such estimates if the Supervisors deem such appropriate.