Post-Petition Lenders definition

Post-Petition Lenders means the lenders under the DIP Credit Facility or any lender participating in the refinancing of the DIP Credit Facility, including but not limited to a refinancing lender which takes an assignment of the DIP Credit Facility or the Claims of the Post-Petition Lenders thereunder.
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Post-Petition Lenders shall have the meaning set forth in the Recitals.
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Post-Petition Lenders shall have the meaning set forth in the preamble.
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Examples of Post-Petition Lenders in a sentence

  • Upon entry of this Interim Order by the Court and the satisfaction or waiver of all conditions precedent provided for in the Interim DIP Note, Post-Petition Lenders shall advance the Interim DIP Financing upon draw requests by the Debtor in accordance with the Budget and the terms of this Interim Order.

  • It produces a forward looking default probability by combining financial statement and equity market information into a highly predictive measure of stand-alone credit risk.

  • All disputes between or among the Debtor and the Pre- Petition Lenders or Post-Petition Lenders shall be heard by this Court.

  • If this Case is dismissed, converted, otherwise superseded or substantively consolidated, Pre-Petition Lenders' and Post-Petition Lenders' rights and remedies under this Interim Order shall remain in full force and effect as if the Case had not been dismissed, converted, superseded or consolidated.

  • The Debtor has requested from Post-Petition Lenders, and Post-Petition Lenders are willing to provide, the Interim DIP Financing pursuant to and in accordance with the terms and conditions set forth in this Interim Order and the Interim DIP Note.

  • Further, nothing in this Interim Order shall constitute an agreement or admission by Pre-Petition Lenders to the Post-Petition Lenders as to the adequacy of the protections granted, the value of the collateral, or the treatment of claims under any plan of reorganization.

  • Nothing in this Interim Order shall obligate the Pre-Petition Lenders or the Post-Petition Lenders with respect to any plan of reorganization or sale which may be proposed in this Case nor constitute a waiver of any right or remedy of the Pre-Petition Lenders or the Post-Petition Lenders, including the right to seek relief from stay, to seek conversion or dismissal of this Case, or to oppose confirmation of any plan of reorganization or sale proposed in this Case.

  • The provisions of this Interim Order shall be binding upon and inure to the benefit of the Pre-Petition Lenders, the Post-Petition Lenders, the Debtor, and its respective successors and assigns (including any trustee or other estate representative appointed as a representative of the Debtor's estate).

  • Subject to entry of the Final Order, either the Pre-Petition Lenders nor the Post-Petition Lenders shall be subject to the equitable doctrine of "marshaling" or any other similar doctrine with respect to any of the DIP Collateral, the Cash Collateral, the Adequate Protection Collateral, or the Pre-Petition Collateral, as applicable.

  • This Interim Order represents the Interim agreement between the Pre-Petition Lenders, the Post-Petition Lenders, and the Debtor and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreement of such parties.


More Definitions of Post-Petition Lenders

Post-Petition Lenders acknowledge: (a) that each of the Post-Petition Agent, the Post-Petition US Collateral Agent, and the Post-Petition UK Collateral Agent is authorized to execute and deliver this Intercreditor Agreement and (b) that the provisions of Section 14 of the Post-Petition Credit Agreement (including, without limitation, Sections 14.3 and 14.7 of the Post-Petition Credit Agreement) are applicable to this Intercreditor Agreement in every respect. Consistent with, but not in limitation of, the foregoing, each Post-Petition Lender agrees that the provisions of Section 14 of the Post-Petition Credit Agreement apply to the execution, delivery and other participation in this Intercreditor Agreement by each of the Post-Petition Agent, the Post-Petition US Collateral Agent, and the Post-Petition UK Collateral Agent and the transactions contemplated thereby, and each of the Post-Petition Agent, the Post-Petition US Collateral Agent, and the Post-Petition UK Collateral Agent shall have the full benefit thereof, as if all of Section 14 of the Post-Petition Credit Agreement were set forth and restated herein.
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Related to Post-Petition Lenders

  • Post-Petition means the time period beginning immediately upon the filing of the Chapter 11 Cases.

  • Post-Petition Interest means any interest or entitlement to fees or expenses or other charges that accrues after the commencement of any Insolvency Proceeding, whether or not allowed or allowable in any such Insolvency Proceeding.

  • Prepetition Lenders means the lenders party to the Prepetition Credit Agreement.

  • Pre-Petition Credit Agreement has the meaning assigned to such term in the Recitals.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

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

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

  • 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.

  • ABL Lenders means the “Lenders” under and as defined in the ABL Credit Agreement.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • 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.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Administrative Claims means Claims that have been filed timely and properly before theAdministrative Claims Bar Date set forth in the Confirmation Order (except as otherwise provided by a separate order of the Bankruptcy Court), for costs and expenses of administration under sections 503(b), 507(b), or 1114(e)(2) of the Bankruptcy Code, including, without limitation: the actual and necessary costs and expenses incurred after the Petition Date of preserving the Estates and operating the businesses of the Debtors (such as wages, salaries or commissions for services and payments for goods and other services and leased premises). Any fees or charges assessed against the Estates under section 1930 of chapter 123 of title 28 of the United States Code are excluded from the definition of Administrative Claims and shall be paid in accordance with Article V.N of the Plan. Notwithstanding anything to the contrary in this Plan, the filing of an Administrative Claim shall not be required in order to receive payment for any tax liability described in sections 503(b)(1)(B) and (C) in accordance with section 503(b)(1)(D) of the Bankruptcy Code.

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

  • First Lien Claims means, collectively, Claims against the Debtors arising under the Prepetition Term Loan Agreement.

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Prepetition Secured Parties means the “Secured Parties” under, and as defined in, the Prepetition Credit Agreement, in each case as amended, modified or supplemented through the Petition Date.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

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

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