Bank Loan Claim definition

Bank Loan Claim means a Claim under the Prepetition Credit Facility, including in respect of the Revolving Credit Notes or the Prepetition Credit Facility Notes thereunder and any guarantees or other obligations in respect thereof by any Debtor (taking into account principal payments previously made in accordance with the DIP Order).
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Bank Loan Claim means a Claim arising under the Prepetition Credit Facility and claims of the Bank of Nova Scotia and Fleet Bank on account of certain swap agreements.
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Bank Loan Claim means a Claim arising under the Prepetition Credit Facility.
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Examples of Bank Loan Claim in a sentence

  • Each holder of an Allowed 2006 Bank Loan Claim is conclusively presumed to have accepted the Plan and is not entitled to vote to accept or reject the Plan.

  • Except to the extent that a Holder of an Allowed Syndicated Bank Loan Claim agrees to less favorable treatment of its Allowed Claim, in full and final satisfaction, settlement, release, and discharge of and in exchange for each Allowed Syndicated Bank Loan Claim, each such Holder shall receive its Pro Rata share of the Syndicated Bank Loan Claims Allocation.

  • No Disbursing Agent will have any obligation to recognize the transfer of, or the sale of any participation in, any Allowed Bank Loan Claim that occurs after the close of business on the Distribution Record Date.

  • On the Effective Date, each holder of an Allowed Bank Loan Claim will receive a Pro Rata Share of 95% of each of the New Subordinated Notes, New Preferred Stock and New Common Stock NOT OTHERWISE DISTRIBUTED TO THE NEW CAPITAL PROVIDERS.

  • On the Effective Date, each holder of an Allowed Bank Loan Claim will receive, in full satisfaction of the Allowed Claim, (a) if Class 6 accepts the Plan, a Pro Rata share of 18,000,000 shares of New Common Stock and (b) if Class 6 does not accept the Plan, a Pro Rata share of 18,300,000 shares of New Common Stock.

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  • Householders are themselves aware of this, although they frequently have relatively little factual information about appliance operating costs.

  • On the Effective Date, each holder of an Allowed Bank Loan Claim will receive, in full satisfaction of the Allowed Claim, (a) if Class 6 accepts the Plan, a Pro Rata share of 18,034,200 shares of New Common Stock and (b) if Class 6 does not accept the Plan, a Pro Rata share of 18,411,400 shares of New Common Stock.

  • On the Effective Date, each holder of an Allowed Bank Loan Claim will receive, in full satisfaction of the Allowed Claim, a Pro Rata share of 425,948,194 of New Common Stock.

  • As a condition precedent to receiving any distribution pursuant to the Plan on account of an Allowed Bank Loan Claim or Allowed Public Debt Claim evidenced by an Existing Debt Instrument, the holder of such Claim shall surrender the applicable Existing Debt Instrument to the Reorganized Debtor pursuant to a letter of transmittal furnished by the Reorganized Debtor (either directly or through an agent bank or an indenture trustee).


More Definitions of Bank Loan Claim

Bank Loan Claim means a Claim under or evidenced by the Prepetition Credit Facility.
Sample 1
Bank Loan Claim means a Claim under the Prepetition Credit Facility, including in respect of the Revolving Credit Notes, the Facility A Term Loan Notes or the Facility B Term Loan Notes thereunder and any guarantees thereof by any Debtor (taking into account principal payments previously made in accordance with the Final DIP Order).
Sample 1
Bank Loan Claim means a Claim, other than a Tranche B Revolving Claim, against the Debtors under the Prepetition Credit Facility or in respect thereto, including any Claims pursuant to any guaranty thereof.
Sample 1

Related to Bank Loan Claim

  • Bank Loan means a debt obligation customarily referred to as a “bank loan” other than (a) a security (as defined in the Securities Act), and (b) any participation or sub-participation in a debt obligation.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest (subject to Liens for “ABL” revolvers and customary encumbrances) on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • Second Lien Bank Loan means a Bank Loan (other than a First Lien Bank Loan and a Last Out Loan) that is entitled to the benefit of a first and/or second lien and first and/or second priority perfected security interest on all or substantially all of the assets of the respective borrower and guarantors obligated in respect thereof.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans, bridge loans and senior subordinated loans) that are generally provided under a syndicated loan or credit facility or pursuant to any loan agreement or other similar credit facility, whether or not syndicated.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property. Fitch: Fitch, Inc., or its successor in interest.

  • Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • Prepetition means arising or accruing prior to the Petition Date.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Secured Claim means a Claim that is secured by a Lien on property in which any of the Debtors’ Estates have an interest or that is subject to setoff under section 553 of the Bankruptcy Code, to the extent of the value of the Claim holder’s interest in such Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code or, in the case of setoff, pursuant to section 553 of the Bankruptcy Code.

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Subordinated Claim means a Claim of the kind described in sections 726(a)(3) or 726(a)(4) of the Bankruptcy Code and/or Claims subordinated under sections 510(b) or 510(c) of the Bankruptcy Code.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • First Priority Obligations means, collectively, (i) the Credit Agreement Secured Obligations, (ii) each Series of Other First-Priority Obligations and (iii) any other First-Priority Hedging Obligations and First-Priority Cash Management Obligations (which shall be deemed to be part of the Series of Other First-Priority Obligations to which they relate to the extent provided in the applicable Other First-Priority Agreement).