Examples of Post-Petition Collateral in a sentence
The principal office of ISA shall be located in the State of Illinois unless otherwise designated by ISA’s governing body, known as the Board of Directors or the Board.
Notwithstanding anything contained herein, the Post-Petition Collateral shall not include any cause of action or proceeds thereof recovered pursuant to Chapter 5 of the Bankruptcy Code.
Short applications: any timeFull applications: 9/6/2021; 6/10/2021 TRL 1 - 4 CHALLENGE1.
All references to the term “ABL Collateral” in the Existing Credit Agreement, the Existing ABL Guarantee and Collateral Agreement or the other Existing Loan Documents, or any other term referring to the security for the Pre-Petition Obligations, shall be deemed, and each such reference is hereby amended to mean, collectively, the Pre-Petition Collateral and the Post-Petition Collateral.
DIP Lender shall apply the proceeds of the Pre-Petition Collateral to reduce the Pre-Petition Obligations and shall apply proceeds of the Post-Petition Collateral to reduce the DIP Obligations.