Postpetition definition
Postpetition means arising or accruing on or after the Petition Date and before the Effective Date.
Postpetition means the time period beginning immediately upon the filing of the Chapter 11 Cases and ending on the Effective Date.
Postpetition when used with respect to any agreement or instrument, any claim or proceeding or any other matter, shall refer to an agreement or instrument that was entered into or became effective, a claim or proceeding that first arose or was first instituted, or another matter that first occurred, after the commencement of the Cases.
Examples of Postpetition in a sentence
The Postpetition Financing Documents shall contain affirmative covenants of the Borrower acceptable to the Lender.
The unpaid balance of the Postpetition Loan is due in its entirety on the Maturity Date.
Borrower shall pay to Postpetition Lender on the Closing Date a fee equal to one percent (1.0%) of the aggregate Postpetition Loan Commitment.
Interest shall be calculated on the actual number of days the Postpetition Loan is outstanding on the basis of a year consisting of 365 days.
Postpetition Lender is authorized to advance from the Postpetition Loan an amount equal to such Commitment Fee.
More Definitions of Postpetition
Postpetition means the time period beginning immediately after the filing of the Chapter 11 Cases.
Postpetition means, when used with respect to any indebtedness, agreement, instrument, claim, proceeding or other matter, indebtedness pursuant to any agreement or instrument first entered into or becoming effective, or claim, proceeding that first arose or was first instituted, or another matter that first occurred, after the commencement of the Cases.
Postpetition with respect to a particular Debtor, refers to the time period from and after the date on which such Debtor filed a voluntary petition for relief under the Bankruptcy Code as set forth in Exhibit A hereto.
Postpetition means the time period beginning on the Petition Date and ending on the day before the Effective Date.
Postpetition or “postpetition” means the time period commencing on the Petition Date and ending on the Liquidation Effective Date.
Postpetition means the time period immediately following the filing of the Chapter 11 Cases.
Postpetition means after the filing of the petitions, or after October 3, 2022. The amounts owed for goods received or services rendered after October 3, 2022, are considered “postpetition” amounts.