Examples of Credit Agreement Secured Parties in a sentence
The Administrative Agent represents and warrants that this Agreement is binding upon the Credit Agreement Secured Parties.
Pursuant to sections 361, 363, 503(b), and 507(b) of the Bankruptcy Code, as adequate protection, (i) the Prepetition Collateral Agent, for the benefit of itself and the applicable Prepetition Secured Parties, shall receive the Adequate Protection Liens (as defined below) and the 507(b) Claims and (ii) the Prepetition Administrative Agent, for the benefit of itself and the Prepetition Credit Agreement Secured Parties, shall receive the applicable Adequate Protection set forth in paragraph 4 hereof.
Prepetition M&M Liens means, collectively, any valid prepetition Liens on property or assets of the Debtors imposed by law, such as landlord’s, vendors’, suppliers’, carriers’, warehousemen’s, repairmen’s, construction contractors’, workers’ and mechanics’ liens and other similar Liens, and having priority over the Liens granted to the RBL Credit Agreement Secured Parties pursuant to the RBL Credit Documents.
RBL Credit Agreement means that certain credit agreement, dated as of March 21, 2017 (as amended, modified, or otherwise supplemented from time to time), by and among Chisholm Borrower, as borrower, Chisholm Parent, as guarantor, the RBL Agent, the RBL Collateral Agent, the RBL Lenders party thereto from time to time, and the other RBL Credit Agreement Secured Parties party thereto.
Under the circumstances and given that the Adequate Protection Liens, the Adequate Protection Claims, and the Adequate Protection Payments (collectively, the “Adequate Protection Obligations”) are consistent with the Bankruptcy Code; the Bankruptcy Court finds that such adequate protection is reasonable and sufficient to protect the interests of the Prepetition Credit Agreement Secured Parties.