First Lien Credit Agreement Claims definition

First Lien Credit Agreement Claims means any Claim against the Debtors derived from or based upon the First Lien Credit Agreement (including the revolver and the letter of credit facility).

First Lien Credit Agreement Claims means all claims arising under or relating to the First Lien Credit Agreement and all agreements and instruments relating to the foregoing, including any other First Lien Loan Documents.

First Lien Credit Agreement Claims means all Secured and deficiency Claims on account of, arising under, or related to the First Lien Credit Agreement, including without limitation any accrued and unpaid principal, interest and fees as of the Petition Date.

Examples of First Lien Credit Agreement Claims in a sentence

• As soon as practicable following compliance with the requirements set forth in this Article VI of the Plan, the Prepetition First Lien Agent shall arrange to deliver or direct the delivery of such distributions to or on behalf of such Holders of Allowed Prepetition First Lien Credit Agreement Claims.

• Holders of such Claims are entitled to vote to accept or reject the Plan, and the votes of such holders will be solicited with respect to such Allowed First Lien Credit Agreement Claims.

• The Prepetition First Lien Agent shall be deemed to be the Holder of all Prepetition First Lien Credit Agreement Claims, as applicable, for purposes of distributions to be made hereunder, and all distributions on account of such Prepetition First Lien Credit Agreement Claims shall be made to or on behalf of the Prepetition First Lien Agent.

• The Prepetition First Lien Agent shall hold or direct such distributions for the benefit of the Holders of Allowed Prepetition First Lien Credit Agreement Claims, as applicable.

• Allowance: On the Effective Date, the First Lien Credit Agreement Claims shall be deemed Allowed Claims in the amount of $292,257,374.79.

• Holders of Allowed First Lien Credit Agreement Claims shall have the right to allocate among each other the portion of New Common Stock each holder shall receive out of the aggregate amounts in the immediately preceding sentence, and the Disbursing Agent shall make distributions on account of Allowed First Lien Credit Agreement Claims based on such allocations.

• Notwithstanding the foregoing, the First Lien Credit Agreement shall continue in effect solely to the extent necessary to allow the Reorganized Debtors and the First Lien Agent to make distributions pursuant to the Plan on account of the First Lien Credit Agreement Claims, and to effectuate any charging liens permitted under the First Lien Credit Agreement.

• Voting: The First Lien Credit Agreement Claims are impaired Claims.

• Holders of First Lien Credit Agreement Claims are entitled to vote on this Plan.

• The New Common Stock will be issued to holders of Allowed Class 3 First Lien Credit Agreement Claims in accordance with the terms of the Plan.

More Definitions of First Lien Credit Agreement Claims

First Lien Credit Agreement Claims means the Secured Claims held by each First Lien Lender pursuant to the First Lien Credit Agreement.

First Lien Credit Agreement Claims means the Claims held by the First Lien Lenders pursuant to the First Lien Credit Agreement. The First Lien Credit Agreement Claims shall constitute Allowed Claims for purposes of the Plan.

First Lien Credit Agreement Claims means all Claims (including unsecured deficiency claims) arising under the Prepetition First Lien Credit Agreement.

First Lien Credit Agreement Claims and, collectively, the “Consenting First Lien Creditors”);

First Lien Credit Agreement Claims means all Claims against any Debtor arising from, based upon, or relating to the First Lien Credit Agreement Documents, including any Claims for adequate protection under sections 361, 362, 363 or 364 of the Bankruptcy Code.

First Lien Credit Agreement Claims means any Claim against a Debtor arising under, derived from, secured by, based on, or related to the First Lien Credit Agreement.