Examples of Postpetition Agent in a sentence
The amounts needed to fund the foregoing amounts, as applicable, may be paid from (A) the proceeds of the Exit Facility as and to the extent permitted, (B) the proceeds of the loans under the Postpetition Credit Agreement as and to the extent permitted, or (C) as otherwise agreed to by the Postpetition Agent and the Exit Facility Agent, on behalf of the Postpetition Lenders and Exit Facility Lenders, respectively, provided all such amounts are funded or made available on or prior to the Effective Date.
To the extent legally permissible, each of the conditions precedent set forth in Article IX.A and Article IX.B may be waived, in whole or in part, by the Debtors with the consent of GOF, the Prepetition Agent, the Postpetition Agent and the Committee.
GOF shall have issued, or caused the issuance, of the Exit Letters of Credit for the benefit of the Postpetition Agent.
Such Cash Collateral (including any Cash Collateral held by Prepetition Agent on the Filing Date) shall thereafter be remitted to Debtors by Prepetition Agent and Postpetition Agent (as applicable), and used by Debtors, as, when and solely to the extent Debtors are permitted to use such Cash Collateral under Paragraph 1 of this Order.
Debtors hereby waive their rights, absent the written consent of Prepetition Agent and Postpetition Agent: (1) to return any of the Aggregate Collateral pursuant to Code Section 546(g); and (2) to consent to setoff pursuant to Code Section 553.
The Prepetition Loan Agreement, as amended by that certain Amendment Number Ten To Loan Agreement dated as of approximately even date herewith executed in connection with the entry of this Order, a copy of which is attached hereto as Exhibit C by and among Debtors, Postpetition Lender, certain Prepetition Lenders, and Postpetition Agent, as amended, modified and supplemented from time to time.
None of Prepetition Agent, Prepetition Lenders, Postpetition Agent, Postpetition Lender or any of the Aggregate Collateral shall be subject to the doctrine of marshaling.
Upon entry of this Interim Order, the Postpetition Agent, for the benefit of the Postpetition Lenders, shall be and shall be deemed to be, without any further action or notice, named as an additional insured on each insurance policy maintained by the ASA Debtors which in any way relates to the Collateral.
Debtors are directed to deliver to Agent and the Committee evidence, reasonably satisfactory to Postpetition Agent and Prepetition Agent, that the Aggregate Collateral is insured as required by the Prepetition Documents and the Postpetition Documents.
No waiver or modification of any of the provisions, terms or conditions in this Interim Order or the DIP Financing Term Sheet may be effectuated, except by written and signed agreements between the Postpetition Agent and the ASA Debtors.